1. The subject of the contract is the granting and servicing of a long-term loan of up to PLN 5,000,000.00 to cover the budget deficit and repayment of previously incurred liabilities. 2. Basic data about the loan: 1) method of starting the loan: Loan triggered in 1 tranche: by 30 April 2025 â PLN 5,000,000.00 to the indicated bank account of the Municipality of WĆoszakowice. 2) Loan period: from 30.04.2025 to 10.07.2032 (i.e. from the date of disbursement of the loan tranche to the date of repayment of the last interest installment), 3) repayment of capital will take place from 30.06.2026, 4) Loan repayment period: repayment of capital will be according to the attached table in the CVT, 5) Method of payment of interest: âą interest payable quarterly, âą interest payments will be made: quarterly until the 10th day of the month following the end of the quarter (i.e. until 10 January, 10 April, 10 July and 10 October, except that if it is a public holiday, Sunday or non-working day, the payment will take place on the first working day after that day, âą the first repayment of interest installments will take place on 10 July 2025 and will concern interest accrued until 30 June 2025. 6) the costs of servicing the loan (offer price Co) are: âą Preparatory commission: The Contracting Authority allows the banks participating in the procedure, hereinafter referred to as the Contractors, to apply a preparatory commission (Pp), âą the cost of interest on the loan (Ko): the interest rate will be variable, calculated for each monthly interest period on the basis of the monthly interest rate on bank deposits â WIBOR 1M of 23 January 2025 â 5.82 %, increased or reduced by the Contractorâs margin, fixed during the term of the loan (contract in force). The Ordering Party reserves that the only costs of servicing the loan are only the costs of preparatory commission and the costs of interest on the loan. 7) form of loan collateral: repayment of the loan may be secured only in the form of a blank promissory note together with a promissory note declaration; 8) method of calculation and date of payment of the preparatory commission (Pp): âą the commission specified in the offer, calculated from the amount of the loan transferred to the Customer's account, âą the commission is payable each time after transferring the loan tranche to the Customer's account, within 3 days from the date of disbursement of the loan tranche, âą the Customer reserves the right to take out a loan in an amount lower than PLN 5,000,000.00 and on later dates than indicated in point 1 of the CVT, depending on the Customer's needs. The minimum amount of credit that the Ordering Party will apply for is: PLN 1,000,000.00. 10) in the event of circumstances of disbursement of tranches in the amount lower than expected, the number of installments will be reduced, waiving loan installments; 11) The Ordering Party reserves the right to repay the loan (capital) earlier than specified in the loan agreement and the contract, while the Ordering Party will not incur any fees for early repayment of the loan; 12) The Ordering Party excludes the collection of other commissions and fees, except those specified in the loan agreement; 13) Pursuant to Article 92 par. 1 of the Act of 27 August 2009 on public finances, the capitalisation of interest is inadmissible.
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