Drinking Water Of Punata. -Authorizing The Municipal Board To Contract A Loan Whose Product You Will Invest In Jobs, And Designated Resources To Pay Off.

Original Language Title: AGUAS POTABLES DE PUNATA. — SE AUTORIZA A LA JUNTA MUNICIPAL PARA CONTRAER UN PRÉSTAMO CUYO PRODUCTO SE INVERTIRÁ EN LOS TRABAJOS, Y SEÑALA RECURSOS PARA LA AMORTIZACIÓN.

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LAW

PUNATA DRINKING WATER. †" The Municipal Board is authorized to contract a loan whose product will be invested in the works, and resources for the redemption.

DANIEL SALAMANCA,

CONSTITUTIONAL PRESIDENT OF THE REPASBLICA.

FOR HOW much: The National Congress has sanctioned the following law:

THE NATIONAL CONGRESS

DECCRETA:

ArtA-arse 1A ° †"The Municipal Board of Punata is authorized to contract an undertaking Up to the sum of 100 thousand Bolivians in order to provide drinking water to the city of Punata.

ArtA-Aculo 2A ° †"The type of interest will not be greater than 8% and the rate of depreciation will be arranged as the following income permits. which are created and dedicated especially for both services:

a) A one per thousand tax on the cadastral value of the urban property of Punata, which is created by this law, which shall govern until the settlement of the undertaking;

b) The net proceeds of the income of the Municipal Matadero of Punata;

c) An annual subdue fixed of Bs. 5,000. †" to be fixed in the Cochabamba Departmental Budget;

d) The net product that comes from the water-drinking service;

e) A subdue to Bs. 2,000. †" to be fixed annually in the Municipal Budget of Punata;

f) All superA ¡ vit in the municipal rents of Punata except in those dedicated to instruction, and once attended the indispensable municipal services.

ArtA-Aculo 3A ° †"The Comité Pro-Captadio de Aguas Potables de Punata, currently exists whose personA-a is ratified by this law, will henceforth be composed asA-: by four members who are elected one by the Municipal Board of Punata, another one by the Municipal Council of Cochabamba, another by the neighbors of Punata presided over by the Sub-prefect and the last one will be the rock of Punata.

Article 4A ° †" This Comité that will designate its Board of Directors, it is in charge of the administration of all the revenues and resources destined to the collection of the drinking waters, the which will be deposited in a particular bank account in accordance with the lending institution of the undertaking; and of the existing funds, up to and including Bs. †" to verify the necessary studies to carry out the captation studies.

ArtA-ass 5A ° †"Contracts in general, materials for the works, will be free of all national, departmental and municipal taxes; and for the transport of materials or tools, the same rebates are granted that are applicable to the transports that the Government makes.

Communicate to the Executive Branch for constitutional purposes.

Meeting Room of the H. National Congress.

La Paz, 12 April 1932.

J. L. Tejada S. †"Justo Ávila.

Gabriel Palenque, S. S. â€" Humberto Duchtén, D. S. †" Fernando LAólpez, D. S.

BY TANTO: the law for the law of the Republic to be held and complied with as law of the Republic.

Government Palace, in the city of La Paz, at fourteen dA-as of the month of April of a thousand nine hundred and thirty-two years.

D. SALAMANCA. †"G. BerrA-os. †" E. Hertzog.

IS COMPLIANT:

Fernando Campero Alvarez, Senior Finance Officer.