The short-term debt to finance capital expenditures and payments for projects financed by European Union funds and other donor programmes, including agreements under Article 107 of the State Budget of the Republic of Bulgaria Act for 2024, must meet the following conditions set out in Decision No 96 of 29 February 2024 of the Veliko Tarnovo Municipal Council: - Object of the debt – Advance financing of capital expenditures and payments for projects financed with funds from the European Union and other donor programmes, including agreements under Article 107 of the State Budget of the Republic of Bulgaria Act for 2024; - Maximum amount of debt at Nominal Value – BGN 4 000 000; - Currency - BGN; - Type of debt – Revolving bank loan; - Duration of the debt - Twelve months from the date of conclusion of the contract; - Method of provisioning - future receipts of funds from the Managing Authority(ies) and/or own revenues; - Conditions for repayment – with receipts of funds from the Managing Authority(ies) and/or own revenues, as well as funds under Article 107 of the ZDBRB for 2024; - Maximum interest rate for the loan period up to 2.5%; - No fees and commissions for debt service. Deadline for repayment of the debt – 12 months after the date of conclusion of the contract. If possible, the loan will be repaid by the end of 2024. Information on the projects expected to be financed by a short-term loan in 2024: "Effective development of the regions with the support of DIP Veliko Tarnovo"; "For cleaner air in Veliko Tarnovo municipality, by replacing solid fuel heating appliances with eco-friendly alternatives"; ‘Reconstruction and modernisation on the basis of Home Social Patronage – Veliko Tarnovo, Novo Selo Branch’; ‘Replacement of the equipment and furnishings available at the home social patronage facility in Veliko Tarnovo, Novo Selo Branch’; ‘Bulgarian municipalities work together to improve ambient air quality’; ‘Better connected secondary and tertiary points in the main and comprehensive network of the TEN-T road, through common measures in a cross-border region’; ‘Care at home in the Municipality of Veliko Tarnovo’; ‘Warm lunch in the Municipality of Veliko Tarnovo’; ‘Strengthening municipal capacity in the Municipality of Veliko Tarnovo’; ‘Modernisation of the educational environment of the PEG ‘Prof. Dr Asen Zlatarov’, Veliko Tarnovo’; Modernisation of the educational environment of ‘Bacho Kiro’ Primary School, Veliko Tarnovo; LIFE22-IPC-BG-LIFE-SIP CLIMA-SUMP ‘Strategic integrated SUMP implementation project for the transition to a climate-neutral and sustainable society’; ‘Energy renovation of Rafael Mihaylov Exhibition Halls, Veliko Tarnovo’; Agreements under Article 107 of the State Budget of the Republic of Bulgaria Act for 2024: Municipal road VTR 1012 "/road III-504/ - Aquarius - Dichin - general border. (V. Tarnovo – Pavlikeni) – Lesichery /VTR 1204/”; Overhaul of municipal road VTR2001 / road III – 3031; Rehabilitation of municipal road VTR 1036 "/road I-5/ – general border. (G. Oryahovitsa – V. Tarnovo)’; Reconstruction of VTR 1021 "/road III-551, village of Debelets-Plakovo/"; Reconstruction of Marmarliyska Street, Veliko Tarnovo; Repair of municipal road VTR 1013, ‘/road III-504, Resen – Stefan Stambolovo/ – village of Nikyup – border obsht. (V. Tarnovo – G. Oryahovitsa) – Krusheto’, including the sections from km 5+300 to km 7+368; (in the section from the end of the village of Nikyup to the border with the municipality of Gorna Oryahovitsa); Municipal road VTR 1013, ‘/road III-504, Resen – Stefan Stambolovo/ – village of Nikyup – border obsht. (V. Tarnovo – G. Oryahovitsa) – Krusheto’, including the sections from km 0+045 to km 3+871; (in the section from Malkia Resen to Nikyup village); Reconstruction of Poltava Street through the construction of a retaining wall – Stage I, Veliko Tarnovo; Reconstruction of Panayot Volov Street, Veliko Tarnovo; Design and overhaul with the introduction of energy efficiency measures at Vasil Levski State Sports Complex, Veliko Tarnovo; Restoration of a retaining wall on Buzludja Street, 240b, 8832-149-150, Veliko Tarnovo; Design of a water pipeline and construction of a water supply and sewerage network in the village of Belyakovets, obsht. Veliko Tarnovo – Phase 1; Design and reconstruction of Poltava Street – Stage II, Veliko Tarnovo; Reconstruction of Nikola Gabrovski Street (OK 233 – OK 72), including OK 1905 – OK 8100 – OK 8101, connection with Magistralna Street, Veliko Tarnovo; Reconstruction of Ionovka Street, Veliko Tarnovo; Reconstruction of Nis Street, Veliko Tarnovo; 16 project proposals for the sustainable energy renovation of the residential building stock – Stage I; ‘Reforming the Veneta Boteva Home for the Elderly’, Veliko Tarnovo; ‘Reforming the St Ivan Rilski Home for Elderly People’, Balvan village, obsht. Veliko Tarnovo; ‘Integrated support for Veliko Tarnovo – Reinforcement of landslides on the territory of the municipality of Veliko Tarnovo’; ‘Sustainable energy-efficient outdoor artificial lighting systems on the territory of the municipality of Veliko Tarnovo’; ‘Green measures to improve the air quality of the city of Veliko Tarnovo’.
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