law of November 29, 1947
HOTEL TEATRO DE VALLEGRANDE.â€ " The Mayor's office is authorized to Municipal its construction in that locality.
ENRIQUE HERTZOG G.
CONSTITUTIONAL PRESIDENT REPAsBLICA
For how much, the Honorable National Congress has sanctioned the following Law:
THE H. NATIONAL CONGRESS
ArtA-culo 1o.â€ " The Mayor is authorized to the city of the city of Vallegrande, the construction of a Hotel-Teatro, in the grounds that are of its own property, declare such work of need and utility
ArtA-ass 2o.â€ " For the execution of that work, the following taxes and surcharges are created, for the term of five years:
a) Bs. 0.50 for each quintal of tobacco exported from the province of Vallegrande;
b) Bs. 0.10 on each litre of chicha produced in the city of Vallegrande;
c) Bs. 3.a € " on each head of bovine cattle to be extracted from the province of Vallegrande;
d) The tax on unbuilt fundos in the city of Vallegrande, in the following scale: Bs. 6,â€ "annually per linear metre in the first six blocks of the main square and Bs. 3.â€" annually per linear metre, from the sixth block to the urban radius lA-limit;
e) The subdue of Bs. 100,000â€ " For three consecutive years, the State shall be handed over to the Municipality, with the responsibility of the State Obligations service.
Article 3o. â€ "The product of the taxes created in the previous article, will be collected by tendering and deposited in the agency of the Central Bank of Bolivia of Vallegrande, in a special account called" Hotel â€ "Teatro de Vallegrande", to the Mayor's order-to Municipal and with exclusive destination to the indicated work, with the intervention of the Comptroller-a and under the personal responsibility of both officials.
ArtA-culo 4o.â€ "Once concluded-do the Hotelâ€" Theatre of Vallegrande, The excess will be used in the following way:
1) 60% in the installation of the sewer service in the city of Vallegrande, and
2) The remaining 40%, in the conclusion of the stages of the cities of Comarapa and Trigal in equal proportions.
ArtA-culo 5o.â€ "All the materials, furniture and tiles that are imported for the construction and operation of the Hotelâ€" Teatro de Vallegrande, will be exempted from the payment of all national, departmental and municipal and university taxes.
Artic-sixth.â€ " The Executive Branch will regulate this law.
Communicate to the Executive Branch for Constitutional Purposes.
Session of the H. National Congress.
La Paz, November 17, 1947.
M. Urriolagoitia.â€ " A. LandA-var Ribera.â€ "M. Mogro Moreno, Senator Secretario.â€" P. Saucedo BarberA-, Senator Secretario.â€ " P. MontaA ± o, Diputado Secretario.â € " A. Camacho PAULrcel, Deputy Secretary.
BY TANTO: I enact it so that it has and will comply as Law of the Republic.
Government Palace, in the city of La Paz, at the twenty-nine days of the month of November 1947.
E. HERTZOG.â€ " C. Guachalla.