Law Of Multi-Year Expenditure For The Implementation Of A New Viabilita 'called' 'road Of Fondovalle' 'the Border Between The Republic Of San Marino And The Italian Republic - Comune Di Rimini

Original Language Title: Legge Di Spesa Pluriennale Per La Realizzazione Di Una Nuova Viabilita' Denominata ''strada Di Fondovalle'' Al Confine Tra La Repubblica Di San Marino E La Repubblica Italiana - Comune Di Rimini

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multi-annual spending bill for the construction of a new road called "Fondovalle Road" on the border between the Czech LAW 22 February 2006 42 REPUBLIC OF SAN MARINO OF MULTI-ANNUAL SPENDING LAW FOR THE CONSTRUCTION OF A NEW ROAD CALLED "THE VALLEY ROAD" tHE BORDER BETWEEN tHE REPUBLIC oF SAN MARINO aND tHE ITALIAN REPUBLIC - RIMINI COMMON We the Captains Regent of the Most Serene Republic of San Marino promulgate and publish the following law approved by the Great and General Council at its meeting on 22 February 2006. Art. 1 ( purpose) In implementation of Article 67 of Law 16 December 2004 n. 172 "Financial Forecasting of the State and public bodies for the financial year 2005 and Annual Multi-year 2005/2007", in order to finance the construction of a public work of considerable social importance and consistent economic in a new road called "Road Fondovalle "on the border between the Republic of San Marino and the Italian Republic - the Municipality of Rimini, whose costs and implementation time multiannual commitments in excess of the available annual financial statements provided to the Congress of State is authorized to resort to extraordinary sources funding for conventional purchase contracts were signed with the Municipality of Rimini and the local authorities of the Italian Republic affected by the work, preferably with the San Marino banking system. Art.2 (Magnitude of funding) The total amount of debt in the medium and long term resulting from public funding of which the upper section may not exceed the maximum amount of € 14,500,000.00. Entity of the financing include the cost of any sureties for its development. Article 3 (Mode of financing) The financial and operating mode of the operation of access to internal or foreign capital market will be communicated to the acknowledgment to the Great and General Council. Art.4 (Financial coverage) Any in the current year financial year charged to financial expenses will be covered through the use of Chapter 03/01/2490 "Intervention Fund." Art.5 (implementation period) The work will be completed within six years with effect from the start of works. Article 6 (Licensing) The Congress of State is authorized to sign the formal agreement referred to in Article 1 and provide, if necessary, the safeguards provided for in Article 2. Section 7 (Entry into force) This law comes into force on the fifth day following that of its legal publication. Our Residence, this day of 24 February 2006/1705 THE CAPTAINS REGENT Claudio Muccioli - Antonello Bacciocchi THE SECRETARY OF STATE FOR INTERNAL AFFAIRS Rosa crocuses

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