The loan will be used as follows: 1. For the construction and equipment of the new kindergarten building in Żagań, the amount is 2 406 000.00 2. For road investments amount -702 000,00 3. To finance the commune's own contribution to the implementation of investments financed from the funds of the Government Road Development Fund, the amount - 608 000,00 4. To finance the municipality’s own contribution to the implementation of investments financed by the Government Fund – Polish Deal, amount of 160 000.00. The above data regarding the subject of the loan should be recorded in the loan agreement. The starting point of credit shall be as follows: 27 December 2024. However, the loan agreement should provide for the possibility of changing the date of use of the loan for the needs of the Borrower, in the period until 30.12.2024. The capital installments will be repaid as follows: 30.03.2026 repayment 62 500,00 zł 30.06.2026 repayment 62 500,00 zł 30.09.2026 repayment 62 500,00 zł 30.12.2026 repayment 62 500,00 zł 250 000,00 zł 30.03.2028 repayment 50 000,00 zł 30.06.2028 repayment 50 000,00 zł 30.09.2028 repayment 50 000,00 zł 30.12.2028 repayment 50 000,00 zł 200 000,00 zł 30.03.2029 repayment 125 000,00 zł 30.06.2029 repayment 125 000,00 zł 30.09.2029 repayment 125 000,00 zł 30.12.2029 repayment 125 000,00 zł 500 000,00 zł 30.03.2034 repayment 150 000,00 zł 30.06.2034 repayment 150 000,00 zł 30.09.2034 repayment 150 000,00 zł 30.12.2034 repayment 150 000,00 zł 600 000,00 zł 30.03.2035 repayment 150 000,00 zł 30.06.2035 repayment 150 000,00 zł 30.09.2035 repayment 150 000,00 zł 30.12.2035 repayment 150 000,00 zł 600 000,00 zł 30.03.2036 repayment 150 000,00 zł 30.06.2036 repayment 150 000,00 zł 30.09.2036 repayment 150 000,00 zł 30.12.2036 repayment 150 000,00 zł 600 000,00 zł 30.03.2037 repayment 150 000,00 zł 30.06.2037 repayment 150 000,00 zł 30.09.2037 repayment 150 000,00 zł 30.09.2037 repayment 150 000,00 zł PLN 30.12.2037 repayment of PLN 150 000.00 PLN 600 000.00 PLN 30.03.2038 repayment of PLN 131 500.00 30.06.2038 repayment of PLN 131 500.00 30.09.2038 repayment of PLN 131 500.00 30.12.2038 repayment of PLN 131 500.00 526 000.00 The repayment date of installments will fall on the 30th day of the month ending the calendar quarter. Interest on the loan will be repaid monthly until the last day of each month, after the first tranche of the loan is launched. The amount of the loan used will be interest-bearing on an annual basis, at a variable interest rate, equal to the base rate WIBOR 1 M for one-month interbank deposits in PLN plus a fixed margin of the Contractor, determined on the basis of the submitted offer. The WIBOR 1 M rate should be taken as the arithmetic average of the rates from all days of the month preceding the next monthly interest period. Interest shall be calculated on the basis of the quotient of 365/365 ( 366/366 in a leap year), i.e. the actual number of days in the interest period in relation to the actual number of days in the accounting year. The Ordering Party confirms that if the loan or interest repayment date falls on a non-working day, the Ordering Party will settle the required amount on the first working day following the set date. There are no preparation commission costs or any additional commissions or fees. The loan repayment will be secured by an In blanco promissory note along with a promissory note declaration.The Treasurer of the City agrees to grant a countersignature on the promissory note and a promissory note declaration. The borrower reserves the right to repay all or part of the loan early at a time that is convenient for him, as well as the possibility of using the loan in a smaller amount . In such a situation, interest on the loan will be charged only on the outstanding loan amount and the Borrower will be exempt from any charges in this respect to the bank. The Multiannual Financial Forecast for the Municipality of Żagań with urban status was prepared taking into account the provisions of the Regulation of the Minister of Finance of 28 December 2011 on the detailed method of classification of debt titles classified as public debt (Journal of Laws 2023, item. 58 ). In connection with this Regulation, the debt service ratio will not be exceeded during the loan repayment period. The Ordering Party agrees that the credit agreement shall be concluded on the Contractor's template. Changes to the loan agreement will be made in writing under pain of nullity. Changes to the contract may occur in the following situations: 1) change the date and amount of withdrawals from the loan, 2) change the amounts and schedule of repayments of capital installments.The contracting authority will not sign a declaration of submission to enforcement pursuant to Article 777 of the Code of Civil Procedure.
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