Long-Term Loan Services for Municipal Budget Deficit

This contract involves providing and managing a long-term loan of 8,000,000 PLN (eight million Polish zlotys) to repay previously incurred debts from loans and to finance a planned budget deficit. Key details include: 1) Repayment will occur from the municipality's own revenues in quarterly installments from 2026 to the end of 2030. If a repayment date falls on a non-working day, the payment will be made on the preceding working day. 2) The loan must be utilized by December 31, 2025. 3) Interest on the utilized loan will be calculated based on a 365/366-day year. 4) The loan will be disbursed upon the buyer's request, either in full or in parts, within three days of a written request. 5) The buyer reserves the right to change the disbursement schedule without additional fees. If the loan amount utilized is less than planned, it will not affect the contract, and repayment installments will be proportionally reduced. 6) The buyer may change the repayment schedule during the contract term, with prior agreement between the parties. 7) The buyer has the right to repay the loan early without additional costs. 8) Interest will only be charged on the actual outstanding amount. 9) The contractor will not charge interest on the unused loan amount. 10) Interest will be charged only on disbursed loan amounts. 11) The interest rate will be variable, based on the WIBOR 3M rate plus a fixed margin, adjusted quarterly. 12) Interest payments are due monthly, with specific conditions for the first and subsequent payment periods. 13) The loan will not incur any costs other than interest. 14) The contractor's margin will remain fixed throughout the contract. 15) The buyer will not allow provisions for granting power of attorney for bank account management. 16) The loan will be secured by a promissory note. 17) The offer price must be in Polish zlotys (PLN) with two decimal places. 18) The selected contractor must submit a draft contract within three days of the decision, which will be subject to negotiation for necessary amendments. This long-term loan is in accordance with the regulations for public procurement.