Defensive In The Pocoata River. -For Its Construction, Authorized The Central Bank Of Bolivia To Grant Or A Loan Of Bs Arani Municipality. 1,000,000.-

Original Language Title: DEFENSIVOS EN EL RIO POCOATA. — PARA SU CONSTRUCCIÓN, AUTORÍZASE AL BANCO CENTRAL DE BOLIVIA A CONCEDER O LA MUNICIPALIDAD DE ARANI UN EMPRÉSTITO DE BS. 1.000.000.—

Read the untranslated law here: http://www.gacetaoficialdebolivia.gob.bo/index.php/normas/verGratis_gob2/49928

LAW ON JULY 24, 1948 IN RIVER POCOATA DEFENSIVE. â €"for its construction, author-used to the Central Bank of Bolivia to grant to the municipality of Arani a © stito of Bs. 1,000,000 Empra. â €" MAMERTO URRIOLAGOITIA H. Vice President of the Republic and President of the National Congress as: H. National Congress has enacted the following law: the H. Congress national DECREES: Arta-culo 1a ° â €"according to the range of tax credit authorized by law on May 20, 1947" , it empowers the Central Bank of Bolivia to grant to the municipality of Arani and ã © sta to obtain an Empra © stito in the Central Bank of Bolivia, a Bolivian million (Bs. 1,000,000. â €""), destined for the construction of defensive in RA - or Pocoata Arta-culo 2a ° â €"the interest that will pay the municipality will be four per cent (4%) per year and also the four repayment per cent (4%) per year!!" , Destina ndos for payment of interest © s and repayment following resources: 80% of the funds raised by concept of increasing cadastral, recognized by law of October 25, 1944.!
The total of the performance of the Municipal tax on corambre of the indicated location.
Arta-culo 3a ° â €"the Government of the nation assigned in the General budget each year, starting from 1948, the annual sum of two hundred thousand Bolivians (Bs. 200,000. â €" "), for five years, with destination to defensive in the capital of Arani.!"
Arta-culo 4Â ° â €"are declared municipal-owned lands that are won on the beach of RA - or Pocoata."
Commune-contact to the Executive for constitutional purposes.
Session of the H. Congress Hall.
Peace, on November 17, 1947.
M. Urriolagoitia.a€ "A. Landa-var Ribera.a€" A. Sarti, Senator Secretario.a€ "P. Saucedo Barbery, Senator Secretario.a€" P. Montaño, Deputy Secretario.a€ "A. Camacho pa³rcel, Deputy Secretary."
Therefore: in exercising the powers conferred by the Arta-culo 79 of the Constitution Pola-policy of the State, enacted it is and meets as a law of the Republic.
Palace of Congress, in the city of La Paz, to the twenty-four day-as of the month of July of nineteen forty-eight years.
M. Urriolagoitia.a€ "M. Mogro Moreno, Congressional Secretario.a€" A. Camacho pa³rcel, Congressional Secretary.