"san Andrés" University. Loan L. - No. 36 Of 17 Nov. 1949.-Is Authorized One Of 100 Million Bs For Buildings.-Ref: L. 5 February 1941 And Art. 58 Of The Constitution

Original Language Title: UNIVERSIDAD "SAN ANDRÉS". EMPRÉSTITO.—L Nº 36 DE 17 NOV. 1949.— SE AUTORIZA UNO DE 100 MILLONES BS PARA CONSTRUCCIONES.— REF: L. 5 FEBRERO 1941 Y ART. 58 DE LA CONSTITUCIÓN

Read the untranslated law here: http://www.gacetaoficialdebolivia.gob.bo/index.php/normas/verGratis_gob2/51403

Law N ° 36 VICTOR PAZ ESTENSSORO constitutional the President because, the Honorable National Congress has sanctioned the following law: the National Congress, D E C R E T A: article 1. Authorized departmental Committee of public works from Potosi to contract a loan or credit of Bolivians twelve thousand million or its equivalent in US dollars (Bs. 12.000.000.000.-) at the Central Bank of Bolivia or any bank in the country guaranteed and covered with the royalties from mining products that correspond to the mentioned Department.
Article 2. The loan will be used for execution and conclusion of public works of Potosi, capital of provinces and major cantons of this Department, giving the following priorities in the city of Potosi, conclusion of the central public market, light and electricity, uptake of drinking water, sewerage and paving work. In the capitals of provinces and cantons main, uptake of potable water and electricity.
Article 3. The loan service shall be within the limits corresponding to 8% amortization and a 4% annual interest.
Article 4. Approval of technical planning and investment of resources will correspond to the departmental Committee of public works of Potosi.
Article 5. The departmental Committee of public works of Potosi, publicly tendered the execution of the works referred to in this law.
Communicate to the Executive Branch for constitutional purposes.
Session room of the H. Congress.
Peace, on November 29, 1960.
FDO. Mario Torres C., President of the National Senate H., E. market Ayala, President of the H. Chamber of Deputies, Fernando Ayala r., Senator Secretary, Alberto Lavadenz, Senator Secretary, Armando Mollinedo, Deputy Secretary, Gmo. Muñoz of the B., Deputy Secretary.
I therefore enacted it is and meets as a law of the Republic.
Government Palace in the city of La Paz, to the two days of the month of December of thousand nine hundred and sixty years.
FDO. VICTOR PAZ ESTENSSORO, a. Sánchez pictures, Minister of finance and statistics.