DRINKING WATER AND TUPIZA LIGHTING. â€ "The credit that for the works gets the Municipal Board will be attended to with the resources that it will be.
CONSTITUTIONAL PRESIDENT OF THE REPASBLICA.
FOR HOW much: The National Congress has sanctioned the following law:
THE NATIONAL CONGRESS
ArtA-ass 1A ° â€ "The service of interest and amortisation of the loan obtained by the H. The Municipal Board of Süd Checis for the collection of drinking water and electricity establishment in the city of Tupiza, will be attended with the following resources, outside of the own funds that will allocate to these objects the Municipality:
(a) 50% from the 20% surcharge created by the current Arancel, which perceives the Municipality of Tupiza for consumption taxes, a percentage that will be deposited monthly by the CompaÃ ± A-a Recaudadora Nacional in the Office of the National Bank of Bolivia.
b) A surcharge of 25% on the current rate of the cadastral tax of the province.
c) Annual rate of 10,000. â€" Bs., which will allocate the Departmental Budget of PotosA-.
d) Subsidaily the income that produces the exploitation of the water and light services that are established.
ArtA-ass 2A ° â€ "The execution of the projected works will be made on the basis of studies and budgets previously raised by the General Directorate of Public Works.
ArtA-ass 3A ° â€ "Paid to be the interests of the loan, the remainder of the sums collected will be delivered a write-down account.
ArtA-arse 4A ° â€ " The Municipal Board will be in charge of the investment of the funds and the administration of the works. As a result, you will be able to deliver the execution of such works either in whole or in part and by tendering to duly guaranteed contractors, or failing to perform them by direct administration.
The investment of funds is It shall be carried out by means of a documented account which shall be submitted semi-annually to the Comptroller-General of the Republic, for its proper approval.
ArtA-culo 5A ° â€ " A Board of Directors of Works, chaired by the President of the Municipal Board and composed of the Sub-prefect of the province and two main neighbors appointed by the Prefect, is created in the city of Tupiza. Such Board shall overmonitor the works and shall take care of the effective intervention of the intended resources.
ArtA-ass 7A ° â€ "The import of materials, machinery, equipment, tools, tools And it is necessary for the construction of the works to be exempt from the payment of duties and taxes of any one that is its nature.
ArtA-ass 8A ° â€ "As long as the study and financing of the works, the resources allocated by this law will be accumulated in the Bank, Municipality defray with own funds the preliminary expenses that require the preparation of those.
ArtA-ass 9A ° â€ "The taxes and resources referred to in this law, will be subsistitrA until the total payment of the loan or until the works are completed, if they are carried out by administration.
ArtA-ass 10A ° â€ "The Executive, will regulate this law.
Communicate to the Executive Branch for constitutional purposes.
Meeting room of the H. National Congress.
La Paz, February 15, 1932.
J. L Tejada S. â€ " E. GonzÃ ¡ lez Duarte.
Gabriel Palenque, S. S. â€ "Humberto Duchtén, D. S. â€" Julio Cásêr Cañelas, D. S.
BY TANTO: the law for the law of the Republic to be held and complied with as law of the Republic.
Palace of Government, in the city of La Peace, to the seventeen dA-as of the month of February a thousand nine hundred and thirty-two years.
D. SALAMANCA. â€ " D. Canelas.
Fernando Campero Alvarez, Senior Finance Officer.