25 April 2017
Promoter – Financial Intermediary
THE CITY OF KRAKOW
Co-financing of investments included in the investment plans of the city of Krakow mainly related to the new EU financing perspective (including urban roads, retrofitting of public buildings including energy efficiency measures, social housing, urban regeneration and other urban infrastructure schemes)
The multi-sector operation will support investments dedicated to the construction and improvement of urban roads, public transport, public buildings, social housing schemes, energy efficiency in public buildings and other investments related to urban regeneration and infrastructure (e.g. schools, cultural and sports facilities, etc.).
Proposed EIB finance (Approximate amount)
PLN 735 million (EUR 174 million)
Total cost (Approximate amount)
PLN 3224 million (EUR 762 million)
The project comprises a multi-scheme operation classified as a framework loan and some of the schemes may fall under Annex I or II of the Environmental Impact Assessment (EIA) Directive 2011/92/EU, as amended. Should any scheme have a negative impact on an area forming part of the Natura 2000 network (falling under the Habitats Directive 92/43/EEC or Birds Directive 2009/147/EC), the Bank would require the promoter to act according to the provisions of the aforementioned directives as transposed into national law. It is a requirement that all schemes must be implemented in compliance with EU environmental legislation.
The Bank will require the promoter to ensure that contracts for the implementation of the project have been/shall be tendered in accordance with relevant applicable EU procurement legislation (Directives 2004/18/EC and/or 2004/17/EC as well as Directives 89/665/EEC and 92/13/EEC) as interpreted by the Court of Justice of the EU, with publication of tender notices in the Official Journal of the EU, as and where required.
Signed - 23/11/2017