Authorize The Victory Municipality To Hire One Or More Loans Up To The Sum Of $20,000,000

Original Language Title: AUTORIZA A LA MUNICIPALIDAD DE VICTORIA PARA CONTRATAR UNO O MAS PRESTAMOS HASTA POR LA SUMA DE $ 20.000.000

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" Article 1.-Authorize the Municipality of Victoria to contract one or more loans up to the sum of twenty million pesos ($20,000,000) at an interest not more than 10% per annum and with an amortization extinguishing the debt within the maximum period of time Five years.