Poland – Credit granting services – Zaciągnięcie kredytu długoterminowego na sfinansowanie planowanego deficytu oraz spłatę wcześniej zaciągniętych zobowiązań z tytułu kredytów

The subject of the contract is the provision of a long-term loan in the amount of: 4 390 000,00 PLN for:  Financing part of the deficit in the amount of 1 750 000,00 PLN,  Repayment of previously incurred liabilities under loans in the amount of 2 640 000,00 PLN. 2. Detailed loan conditions: 1. The loan will be drawn in tranches or in a single payment in the period from the date of signing the contract to 31 December 2026. 2. The Contracting Authority reserves the right to draw the loan in a smaller amount without additional costs, 3. The date of signing the contract will be the date of loan availability to the Contracting Authority in terms and tranches adapted to the needs of the Contracting Authority on the basis of written instructions from the Contracting Authority, 4. The written instruction of the Contracting Authority will be executed within a maximum of 3 business days from receipt of the instruction from the Contracting Authority, 5. The loan will be repaid in instalments in the years 2034-2035, taking into account the repayment schedule required by the Contracting Authority, 6. Interest on the loan will be calculated on the actually utilised loan amount and will be payable in quarterly periods, on the last business day of the quarter, 7. The due interest is calculated for each day of loan utilisation, counting from the date of its provision. Interest is calculated in quarterly periods and the Contracting Authority must be informed of its amount no later than 5 business days before the interest payment deadline, 8. The date of payment of interest is considered to be the date of receipt of the amount due on the loan account, 9. The cost of loan servicing consists of:  Loan interest rate – variable, reference rate WIBOR 3M, where the rate set for a 3-month period is the average rate of WIBOR 3M for all business days of the quarter, effective from the first day of the next quarter,  Plus bank margin (being a constant amount for the entire loan period), 10. In the event that the reference index takes on negative values, for the purpose of calculating the loan interest rate, the value of the reference index is taken as 0.00% and thus the loan interest rate will be calculated at the level of the bank margin, 11. In the event that a legal event occurs, causing the WIBOR rate to cease to be the sole/appropriate rate as the reference rate for loans (e.g. cessation of its publication), an annex to the contract will be drawn up, with the agreement of both parties, containing a clause regulating these circumstances, in order to adapt it to the applicable provisions, 12. Settlement between the Contracting Authority and the Contractor will be made in Polish zlotys, 13. The loan will be secured by a „in blanco” bill with a bill declaration, 14. The contract and the „in blanco” bill together with the bill declaration will be countersigned by the Treasurer of the Municipality or a person authorised by him, 15. The bank will not charge any commissions and additional margins for the loan, 16. When calculating interest, it is assumed that the year has 365 days, 17. The Contracting Authority has the right to make an early full or partial repayment of the loan without prior notification to the lender and without incurring any charges for this purpose. In the case of an early, partial repayment of the loan, the loan period remains unchanged, unless the borrower submits a different written instruction, 18. The borrower, in the event of an early repayment of part of the loan, must indicate the specific loan instalments from the schedule, against which the payment was made, 19. The Contracting Authority reserves the right to waive all or part of the granted loan, without additional fees, commissions and penalties, 20. The Contracting Authority reserves the right, without the need to obtain additional bank consent, to make an early repayment of the loan without incurring costs, interest will be calculated up to the date of loan repayment, and not to the end of the contract, 21. Capitalisation of interest is not permitted, 22. The loan may not be burdened with other fees and commissions, 23. The Contracting Authority will not complete any attachments, tables constituting templates prepared by the Contractors. However, it will respond in accordance with the Public Procurement Law to any question regarding the SWZ and will provide the necessary information to verify the creditworthiness of the municipality, as well as to prepare and submit an offer, 24. The Contracting Authority does not allow the possibility of charging other additional fees related to the service of performing the subject of the contract, 25. The Contracting Authority allows the introduction into the contract of all changes that are beneficial to the Contracting Authority and will result from circumstances that could not have been foreseen at the time of the conclusion of the contract or changes that will be beneficial to the Contracting Authority. Changes beneficial to the Contracting Authority are understood to mean the possibility of: a) Early repayment of the loan, b) Changing the loan repayment deadlines – if the Contracting Authority foresees difficulties in meeting the repayment deadlines specified in the SWZ, c) Changing the repayment schedule of the loan instalments without incurring additional costs (commissions) from the above. The Contractor will not charge any additional commissions from the above circumstances. 26. At the request of the Contracting Authority (if such a need arises) the repayment deadlines of individual loan instalments will be changed with the agreement of both parties in the form of an annex to the contract, 27. The loan will be paid out in tranches notified by the Contracting Authority to the current account of the Contracting Authority in Bank Spółdzielczy w Przecławiu Nr 19 9184 00004 2001 0000 0286 0001. 28. Repayment schedule of the long-term loan planned to be taken out in 2026 a) In 2034 – repayment date:  31.03.2034,  30.06.2034,  30.09.2034  31.12.2034 in equal instalments of 500 000,00 PLN. Total for 2034: 2 000 000,00 PLN. b) In 2035 – repayment date:  31.0