The subject of the contract is to take out a long-term loan to finance the planned budget deficit of the municipality of Dębe Wielkie.

Loan amount: up to PLN 6,000,000.00 (six million PLN 00/100);

The subject of the contract is to take out a long-term loan to finance the planned budget deficit of the municipality of Dębe Wielkie.

a) loan amount: up to PLN 6,000,000.00 (six million PLN 00/100);

(b) the credit may be used in whole or in part without additional costs to be determined on the basis of the amount of credit actually used;

c) loan period: from the starting point of the loan until 30.09.2033.

(d) Timetable: start of repayment of the loan:

- in 2028 – PLN 100,000.00 in 1 installment PLN 100,000.00 (September 29);

- in 2029 – PLN 100,000.00 in 1 installment PLN 100,000.00 (September 28);

- in 2030 – PLN 1,000,000.00 in 2 installments of PLN 500,000.00 (June 28, December 30);

- in 2031 – PLN 1,500,000.00 in 2 installments of PLN 750,000.00 each (June 30, December 30);

- in 2032 – PLN 1,500,000.00 in 2 installments of PLN 750,000.00 each (June 30, December 31);

- in 2033 – PLN 1,800,000.00 in 2 installments of PLN 900,000.00 (30 June, 30 September);

(e) payment of interest on a monthly basis;

(f) interest shall be calculated monthly on the funds actually used, payable by the 15th day of each month for the preceding month;

g) the interest rate on the loan will be variable, calculated as the sum of the WIBOR 1M rate from the last month preceding the calculation of interest, increased by a fixed bank margin determined as at the date of submitting the offer;

h) The Ordering Party reserves the right to repay the loan early without incurring any costs;

i) To calculate the cost of the loan, the WIBOR 1 M rate of 04.08.2023 should be used.

j) The Contractor is obliged to calculate and provide in the offer only one rate consisting of the WIBOR 1 M interest rate and the bank's margin, which includes all fees and commissions;

k) Collateral for the loan granted: blank promissory note issued by the Commune of Dębe Wielkie together with a promissory note declaration;

l) The Ordering Party reserves the right to extend the loan period and change the amount of capital installments during the loan repayment period depending on the financial condition of the Municipality, with the consent of both parties;

(m) number of days in a year: 365;

(n) the starting point of credit shall be used to calculate the cost of credit:

- amount up to PLN 2,500,000.00 – 05.10.2023

- amount up to PLN 3,500,000.00 – 29.12.2023