The subject of the contract is the granting and servicing of a long-term loan in the amount of PLN 22,400,000.00 (in words: twenty-two million four hundred thousand 00/100) intended to finance the deficit and repayment of previously taken loans, with the possibility of not using the full value of the loan without additional commissions and fees. The loan will be repaid in the years 2024 – 2041 from the District's own income, with the possibility of extending the loan repayment years and changing the amount of annual capital installments during the repayment period.
1. The subject of the contract is the granting and servicing of a long-term loan in the amount of PLN 22,400,000.00 (in words: twenty-two million four hundred thousand 00/100) intended to finance the deficit and repayment of previously taken loans, with the possibility of not using the full value of the loan without additional commissions and fees. The loan will be repaid in the years 2024 – 2041 from the District's own income, with the possibility of extending the loan repayment years and changing the amount of annual capital installments during the repayment period.
2. The credit will be used until 31 December 2022. At the request of the Ordering Party, the loan may be paid out in tranches. The loan will be paid out on ..... days (criterion) from the date of submission of the payment order (tranche). The Ordering Party may not use the full value of the loan without incurring additional commissions and fees.
3. Karence in repayment:
(a) capital: until 31 March 2024
(b) interest on the loan due for 2022: until 31 March 2023.
Interest on the loan for 2022 will be repaid on 31 March 2023 with current interest for the month of March 2023.
4. The loan will be repaid in the years 2024 – 2041 from the District's own income, with the possibility of extending the loan repayment years and changing the amount of annual capital installments during the repayment period. The planned quarterly capital installments in individual years will amount to:
• in 2024 - 4 installments of PLN 25,000.00
• in 2025 - 4 installments of PLN 25,000.00
• in 2026 – 4 installments of PLN 280,000.00 each
• in 2027 – 4 installments of PLN 280,000.00 each
• in 2028 – 4 installments of PLN 280,000.00
• in 2029 – 4 installments of PLN 280,000.00 each
• in 2030 – 4 installments of PLN 280,000.00 each
• in 2031 – 4 installments of PLN 280,000.00 each
• in 2032 – 4 installments of PLN 280,000.00
• in 2033 – 4 installments of PLN 420,000.00
• in 2034 – 4 installments of PLN 420,000.00 each
• in 2035 – 4 installments of PLN 420,000.00
• in 2036 – 4 installments of PLN 420,000.00
• in 2037 – 4 installments of PLN 420,000.00
• in 2038 – 4 installments of PLN 420,000.00
• in 2039 – 4 installments of PLN 420,000.00 each
• in 2040 – 4 installments of PLN 360,500.00
• in 2041 – 4 installments of PLN 289,500.00
The Ordering Party reserves the right to repay a larger amount of capital early without additional commissions and fees.
5. Interest will be repaid in the years 2023 – 2041 on a monthly basis in the amounts resulting from the actual debt.
6. No capitalization of interest on the loan granted will be made.
7. The date of repayment of the loan installment and interest is the date of crediting the contractor's (Bank's) account.
8. The interest rate on loan installments not repaid on time will be charged in the amount specified for statutory interest.
9. If the Ordering Party does not use the full amount of the loan, the amount of interest and possible commission will result from the value of the loan used.
10. The preparatory commission is . . . . % of the amount of the loan granted and will be paid each time on the size of the tranche of the loan launched. The preparation commission will not exceed 0.15% of the loan amount.
11. The amount of credit used shall bear interest on an annual basis at a variable interest rate. The interest rate is equal to the base rate, increased by the contractor's margin in accordance with the submitted offer. The base rate is variable during the contractual loan period. The base rate is the rediscount rate of NBP bills of exchange starting from the 1st day of the following month. The contractor's margin is fixed during the contractual loan period. The contractor's margin is .... %.
12. The loan repayment will be secured by: a blank promissory note together with a promissory note declaration with the countersignature of the county treasurer. It is not allowed to authorize the contractor to dispose of the contracting authority's current account.
13. The Contractor shall pay statutory interest to the Ordering Party for each day of delay in the event of failure to meet the deadline for starting the loan.