Authorizes The Municipality Of Paine To Hire One Or More Loans That Produce Up To The Amount Of $10,000,000, With The Purpose Of Allocating Them To Various Works Of Local Advancement In The Territory Of The Communa And In The Towns Of Champa And Huelquén;

Original Language Title: Autoriza a la Municipalidad de Paine para contratar uno o más empréstitos que produzcan hasta la cantidad de $ 10.000.000, con el fin de destinarlos a diversas obras de adelanto local en el territorio de la comuna y en los pueblos de Champa y Huelquén; pa

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Article 1: Authorize the Municipality of Paine to contract directly with the Bank of the State of Chile, or other credit institutions, one or more borrowings that produce up to the sum of 10 million pesos ($10,000,000) to an interest not more than 10% per annum and with an amortization extinguishing the debt within the maximum age of 5 years.