Poland - Credit granting services

Description

The subject of the contract is to grant the Łukta Municipality a long-term loan in the Polish currency of PLN 8,767,753.59 in the amount of PLN 8,767,753.59 for the purpose of repayment of previously incurred liabilities under the issue of securities and loans and borrowings.2 The loan will cover loans in accordance with the following statement of liabilities under loans and borrowings: List of liabilities under loans as at 20.7.2019, which will be repaid with a loan: Lp. Entity to which a liability exists Name of task Amount of liability remaining to be paid Date of liability Origin date of liability Expiry date of liability1 Getin Noble Bank Long-term credit 1 350 753,59 18.9.2012 31.12.20262 WBS Jonkowo/o Łukta Long-term credit 602 000,00 29.12.2009 31.12.20243 WBS Jonkowo/o Łukta Long-term credit 3 375 000,00 10.12.2018 31.12.20264 Bank Ochrony Środowiska Long-term credit 3 440 000,00 22.7.2010 31.12.20243. Detailed scope of the subject of the contract: Credit amount: Variable interest rate dependent on WIBOR 1M rate for the previous month (from the calendar month preceding the accounting period as the arithmetic mean of all quotations) increased by the margin proposed by the bank, expressed in percentage points (two decimal places), unchanged during the term of the agreement. The Ordering Party informs that during the term of the agreement the margin shall be fixed and not WIBOR 1M.5. The credit shall not be credited to the Ordering Party's account. The principal payment in 131 instalments equal to PLN 66,422.00 payable at the end of each month starting from 31.8.2022 until 30.6.2033 and the last compensatory payment in the amount of PLN 66,471.59 payable at 31.7.2033.8. The interest payment at the end of each month. Interest will be calculated on the funds actually used. To calculate the amount of interest, the actual number of days of credit usage in relation to 365 days in a year is assumed. The Ordering Party reserves the right to repay the loan early without incurring additional costs.10 The Ordering Party does not provide for a commission for granting the loan pursuant to Article 69 (2) (b) of the Act of Accession of the Republic of Poland to the European Union. 9 of the Banking Law Act of 29.8.1997 (i.e. Journal of Laws of 2018, item 2187, as amended).11. The Ordering Party does not provide for the possibility of charging bank fees and commissions on the preparation of annexes, extension, bank opinion on the implementation of credit obligations by the Ordering Party.12If the credit repayment date falls on a non-working day, the Ordering Party shall regulate the required instalment on the first working day following the set repayment date.13 The legal security for repayment of the credit granted shall be a blank promissory note together with a promissory note declaration signed by the Commune Head together with the Treasurer's countersignature and a contractual mortgage for the total amount of PLN 15,000,000.00. The signing of the bill of exchange declaration will take place simultaneously with the signing of the agreement. The mortgage security was adopted by Resolution No. XII/62/2019 of the Municipal Council.14. The Contracting Authority requires that the Economic Operator, whose bid will be evaluated at the highest level, submits a draft agreement containing the provisions important for the parties specified in Appendix No. 7 to the ToR, which will be introduced into the public procurement agreement concluded between the Contracting Authority and the Economic Operator. The agreement shall contain all the elements required by the provisions of the Banking Law Act. In order to ensure efficient verification, the Ordering Party requires that the provisions important for the parties are separated in the contract content (a different font colour, bold font, etc.). Due to the limited number of characters, the full description of the subject matter of the contract is specified in § III of the ToR.

Opportunity closing date

17 September 2019

Value of contract

to be confirmed