It Authorizes The Black River Municipality To Contract Directly With The Bank Of The State Of Chile Or Other Credit Institutions A Loan That Will Produce Up To The Amount Of $2,500,000

Original Language Title: AUTORIZA A LA MUNICIPALIDAD DE RIO NEGRO PARA CONTRATAR DIRECTAMENTE CON EL BANCO DEL ESTADO DE CHILE U OTRAS INSTITUCIONES DE CREDITO UN PRESTAMO QUE PRODUZCA HASTA LA CANTIDAD DE $ 2.500.000

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" Article 1.-Authorize the Municipality of Rio Negro to directly contract one or more loans that produce up to 2.5 million pesos ($2,500,000), at an interest not exceeding 10% per annum and with an amortization that extinguish the debt within the maximum period of 4 years.