1. The subject of the contract is the service of granting a long-term loan in the amount of PLN 7,000,000 for the purpose of:
1) financing expenses not covered by income in the amount of: PLN 3,245,466 planned for the implementation of the investment: "Construction of 1 KZ Street, extension of M. Konopnickiej Street and Armii Krajowej Street in Sędziszów Małopolski"
2) financing of expenditures due to repayment of a loan from the Voivodship Fund for Environmental Protection and Water Management in Rzeszów – PLN 307,534,
3) financing of expenditures due to repayment of installments of loans taken out in 2019-2022 in the amount of: PLN 460,000,
4) financing expenditures due to the redemption of municipal bonds in the amount of PLN 2,987,000,
5) The Ordering Party allows the refund of already incurred property expenses and loan repayments.
1. The subject of the contract is the service of granting a long-term loan in the amount of PLN 7,000,000
2. The loan will be released on the date of signing the contract. The Contracting Authority determines that the loan will be paid in 2023 (one tranche by 29 December 2023), at the request of the Contracting Authority within the time limit indicated by the Contractor in the submitted offer,
1) The loan will be repaid in the years 2024-2032, in 34 quarterly installments, payable on the last day of the month ending the calendar quarter, starting from the third quarter of 2024
2) The grace period for loan repayment covers the time from the date of signing the contract to 30/09/2024.
3) The Ordering Party will be notified of the amount of the installment to be repaid within 1 month before the payment date.
4) The interest rate on the loan will be set quarterly at the 3-month WIBOR interest rate rate, recorded on the last business day of the quarter preceding the quarter for which interest is accrued and the bank's fixed margin. The bank's margin cannot be changed throughout the duration of the contract. Interest will be accrued and charged on the credit used. If the 3-month WIBOR interest rate referred to above is negative, it is assumed at the level of 0%.
5) Interest on the loan granted will constitute the Contractor's only remuneration for the performance of the loan agreement. The Ordering Party shall not incur any additional costs and fees related to the preparation, granting, insurance and any other fees related to the servicing of the loan.
6) Interest on the credit used shall be calculated on the amount of the current debt and shall be repaid quarterly on the last day of the month ending the quarter, whereby, where the final payment date falls on a non-working day, the due date falls on the first business day following that day.
7) Interest on the loan used will be calculated from the date on which the debt arises until the day preceding its repayment.
8) The Contractor shall each time notify the Ordering Party in writing about the change in interest rate, at the same time indicating the amount of interest applicable in a given quarter.
9) The Contractor undertakes to guarantee the acceptance of early repayment of part or all of the loan without charging the Ordering Party with additional costs after prior notification to the Contractor by the Ordering Party, within 7 days before the date of repayment, of the intention to make such repayment.
10) The Ordering Party reserves the right to:
(a) failure to use the full amount of the credit granted;
(b) renegotiation of amounts and maturities of principal repayments.
11) In the case of early repayment of the loan, interest will be calculated for the period of its actual use.
12) If the Ordering Party does not use part of the loan or makes an early repayment of part of the loan, the parties agree on a new repayment schedule in the form of an annex to the contract.
13) The Contractor may not make the granting of the loan dependent on the takeover of the Ordering Party's banking services and on credit insurance by the Ordering Party.
14) The Contractor shall not require any other security for the loan taken out apart from a blank promissory note together with a promissory note declaration with the countersignature of the Municipal Treasurer.
15) The loan may not be charged with fees other than those listed in the SWZ
16) The contracting authority shall not submit a declaration of submission to enforcement pursuant to Civil Procedure Code Art. 777(1)(5).
17) The bank accounts of the Ordering Party are not subject to enforcement attachments.
18) The Ordering Party has no outstanding liabilities in banks.
19) The Contracting Authority did not conduct a program of remedial proceedings within the meaning of the Act of 27.08.2009 on public finances.
20) The Ordering Party did not carry out bailiff debt collection activities initiated at the request of banks.
21) The contracting authority has no overdue liabilities towards ZUS and US.