Read the untranslated law here: http://www.gacetaoficialdebolivia.gob.bo/index.php/normas/verGratis_gob2/47666
LAW Emprestitoa€ "author-used to the Alcalda-to of Viacha to place in any of the banks until the sum of Bs. two million."
ENRIQUE PEA'ARANDA C. CONSTITUTIONAL PRESIDENT OF THE REPAŠBLICA.
Because H. National Congress has enacted the following law: the National Congress DECREES: Arta-culo 1a °. â €"are authorized to the Alcalda - a Municipal de Viacha, capital of the province of Ingavi, to engage, in any of the Paa-s banking institutions, an Empra © stito until the total amount of two billion, with an interest Ma maximum of 5 per cent and the cumulative 4 percent annual repayment" , destined for the construction of the following public;
1a °. â €"communal Palace of the province Ingavi, in the capital of Viacha."
2A °. â €"Pavimentacia³n and sewer service."
3A °. â €"conclusion of the municipal slaughterhouse and market."
Arta-culo 2a °. â €"for the service of repayment and interests of such Empra © stito is for the following resources: existing municipal taxes and that they could create according to municipal ordinances on the FA factory cement national, FA factory of flour and beer and other f bricas or establishments that are implantaren in the future in the Ingavi province.!"
The rights of custom of the Alcalda-to.
The Subvencia³n of a hundred thousand Bolivians to be Consignara in the national budget, from the present management of 1941, until the full payment of this Empra © stito.
Arta-culo 3a °. â €"the lending bank institution and representative of the Comptroller - a, Velara n by the correct Recaudación of resources defined by Article 2a °, allowing the institution be responsible for collection of such resources, when they are not deposited in the special account."
Arta-culo 4a °. â €"administration of the Empra © stito will be in charge of a Committee composed of the following people: Mayor, President of the City Council, District Chief of the province, notary of the town, a representative of the Comptroller-a and two notable residents appointed by the Executive branch.!"
Commune-that will to power Executive, for constitutional purposes.
Session of the H. Congress Hall.
La Paz, April 4, 1941.
A Galindo.a€ "Rafael de Ugarte.â€" Prof. C. BeltrÃ n Morales, Senator Secretario.a€ "A. Nogales Saavedra, Senator Secretario.a€" F.! Flowers j., Deputy Secretario.a€ "e. Portillo, Deputy Secretary."
I therefore enacted it so you have and observe as the law of the Republic.
Palace of Government of the city of La Paz, to the eighteen day-as of the month of April of nineteen hundred years cuarentiun.
GRAL. PEA'ARANDA. â €"Gral." Ramos.a€ "Joaqua-n sword."
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