The subject of the contract is a long-term bank loan in PLN 10,762,361.29 granted in the period from October 1, 2023 to June 30, 2038, the interest rate of which is based on the WIBOR - 3M rate, intended to finance the planned budget deficit of the Stargard Commune in 2023 related to the implementation of investment tasks and repayment of previously taken loans and credits.

1. The subject of the contract is a long-term bank loan in PLN 10,762,361.29 granted in the period from October 1, 2023 to June 30, 2038, the interest rate of which is based on the WIBOR - 3M rate, intended to finance the planned budget deficit of the Stargard Commune in 2023 related to the implementation of investment tasks and repayment of previously taken loans and credits.

2. Withdrawal period:

1) Grace period in repayment of the loan principal: until 31.12.2023

2) Grace period for interest payment: until 31.12.2023

4. Loan repayment dates

1) Repayment of principal instalments:

(a) from 2024 to 2037: the last working day of the month: March, June, September and November each year;

(b) in 2038: last working day of the month: March and June.

2) Repayment dates of principal – repayment will take place in the years 2024 – 2038 in the following amounts:

a) 2024 – PLN 100,000.00

b) 2025 – PLN 100,000.00

c) 2026 – PLN 100,000.00

d) 2027 – PLN 100,000.00

e) 2028 – PLN 100,000.00

f) 2029 – PLN 100,000.00

g) 2030 – PLN 100,000.00

h) 2031 – PLN 500,000.00

i) 2032 – PLN 1,000,000.00

j) 2033 – PLN 1,500,000.00

k) 2034 – PLN 1,500,000.00

l) 2035 – PLN 1,500,000.00

m) 2036 – PLN 1,500,000.00

n) 2037 – PLN 1,500,000.00

o) 2038 – PLN 1,062,361.29

The repayment date of the first capital installment is set for the last business day of March 2024.