law of December 8, 1948
COMPANIES € " AutorA-zase to the Mayor-to Municipal of between RA-os, hire one for Bs. 1,000,000,â€" for the installation of a hydroelectric plant.
ENRIQUE HERTZOG G.
CONSTITUTIONAL PRESIDENT OF THE REPAsBLICA
For how much: the National Congress has sanctioned the following Law:
THE NATIONAL CONGRESS
ArtA-ass 1A ° â€ " For the construction and installation of a hydroelectric power plant and completion of the water-drinking water service in Entre RA-os, capital of the province O ' Connor of the Department of Tarija, the mayor is authorized to the province, to place an undertaking in the Central Bank of Bolivia or any other another institution of credit, of a million Bolivians (Bs. 1,000,000,â€ ")
50% (50%)the annual product of the year Province's corambre tax;
With twenty-five percent (25%) of the funds in the special account called "Funds Pro-Construction of Hydropower Plants" created for the Tarija Department by law of 2 January 1945.
ArtA-Aculo 3A ° â€ " In case of the granting of the undertaking by the Central Bank of Bolivia, it will be effective within the margin to allow the loans granted to the State at December 31, 1949 and the funds will be centralized or (b) resources entered in points (a) and (b) of Article 2A ° in a special account in the same Bank, from the promulgation of this law, to the order of the Provincial Committee of Public Works, which may call for proposals for implementation of these works or execute them by administration according to the technical instructions of the Departmental Direction of Water and Electricity.
Communicate to the Executive Branch for Constitutional Purposes.
Session Room of the H. National Congress.
Peace, December 2, 1948.
M. Urriolagoitia.â € "A. LandA-var Ribera.â €" O. Gutierrez, S. S. â € "C. LAólpez Arce, S. S. â €" A. Quezada, D. S. â € " D. ImaÃ ± a Monterrey, D. S.
Therefore, I enact it so that it is held and complied with as Law of the Republic.
Palace of Government, in the city of La Paz, at the eight days of December of a thousand nine hundred and forty-eight years.
E. HERTZOG.â € " J. Romero Loza.