The subject of the contract is "Granting a long-term loan in the amount of PLN 1,440,000.00 to finance the deficit of the municipal budget and repayment of liabilities under loans taken".
1) Making the loan available in one tranche on 20 September 2023 (this date is determined only until the calculation of the offer price) in the amount of PLN 1,440,000.00.
2) The interest rate on the loan will be variable and will be determined according to the average WIBOR 1M rate (the offer price should be calculated according to quotations as at 21 August 2023) increased by a fixed margin during the loan period. The average WIBOR 1M rate will be determined as the monthly arithmetic mean of the daily rates in force in the month preceding the period for which interest will be calculated.
3) The interest rate on the loan will be set on the last business day of each month and will apply throughout the period of the month following the month in which it was set.
Other information in section II SWZ.
The contracting authority's goal is to fully implement the commune's own tasks planned in the municipal budget for 2023 and to repay loans taken out in previous years. The municipality lacks financial resources in the total amount of PLN 1,440,00.00 (one million four hundred and forty thousand), including financing property tasks in the amount of PLN 850,000 and repayment of loan installments in the amount of PLN 590,000.00. By taking out a loan, the entity wants to achieve the goal of full implementation of expenses planned in the municipal budget and repayment of loan installments.
Other information necessary to calculate the price of the offer:
1) Making the loan available in one tranche on 20 September 2023 (this date is determined only until the calculation of the offer price) in the amount of PLN 1,440,000.00.
2) The interest rate on the loan will be variable and will be determined according to the average WIBOR 1M rate (the offer price should be calculated according to quotations as at 21 August 2023) increased by a fixed margin during the loan period. The average WIBOR 1M rate will be determined as the monthly arithmetic mean of the daily rates in force in the month preceding the period for which interest will be calculated.
3) The interest rate on the loan will be set on the last business day of each month and will apply throughout the period of the month following the month in which it was set.
4) Interest on the loan used will be calculated on a monthly basis and charged on a quarterly basis on the last business day of the month ending the calendar quarter for the period for which the interest was accrued, with the last installment of interest being repaid on 30 November 2042.
5) The use of the loan placed by the Bank will take place in the form of transferring the loan to the account indicated by the Borrower, based on the Borrower's instructions submitted to the bank.
6) The Ordering Party reserves the right to use the loan in an incomplete amount in the event of circumstances that could not have been foreseen earlier without financial consequences on the part of the Contractor with whom the contract will be signed.
7) Planned repayment dates and loan installments:
30.01.2024r. – 10.000 PLN,
30.01.2025 – PLN 10,000,
30.01.2026 – PLN 10,000,
30.01.2027r. – 10.000 PLN,
30.01.2028r. – 10.000 PLN,
30.01.2029r. – 10.000 PLN,
30.01.2030r. – 10.000 PLN,
30.01.2031r. – 10.000 PLN,
30.01.2032r. – 10.000 PLN,
30.01.2033r. – 10.000 PLN,
30.01.2034r. – 10.000 PLN,
30.01.2035r. – 10.000 PLN,
30.09.2036r. – 220.000 PLN,
30.09.2037r. – 220.000 PLN,
30.09.2038r. – 170.000 PLN,
30.09.2039r. – 170.000 PLN,
30.09.2040r. – 170.000 PLN,
30.11.2041r. – 180.000 PLN,
30.11.2042r. – 190.000 PLN,
8) The loan will be granted for the period from the date of signing the contract until 30.11.2042.
9) The Ordering Party has the right to use the loan in the amount lower than PLN 1,440,000.00, without incurring additional costs (fees, commissions, etc.). The loan will be used until 31 December 2023 ("on demand", i.e. after a written instruction to activate the loan to the account of the Municipality.
10) The loan may not be charged with fees other than those listed in the SWZ.
11) The municipality shall not submit a declaration of submission to enforcement pursuant to Civil Procedure Code Art. 777(1)(5).
12) Settlements between the Ordering Party and the Contractor shall be made in Polish zlotys (PLN).
13) The Ordering Party agrees to the countersignature of the treasurer on the credit agreement, bill of exchange, bill of exchange declaration.
14) The Municipality's bank accounts are not subject to attachments.
15) Gmina nie posiada zaległych zobowiązań w bankach.
16) In the Municipality there was no program of reorganisation proceedings within the meaning of the Act of 27.08.2009 on public finances.
17) In the Municipality, debt collection activities initiated at the request of banks were not carried out through a court bailiff.
18) To calculate interest on the loan, the real calendar should be used, i.e. the year 365/366 days (the actual number of days in a month).
Other information is in section II SWZ.