▁on ▁the ▁south west ▁by ▁Lin ares ▁and ▁Long av í ; ▁on ▁the ▁north ▁by ▁San ▁Clement e , ▁( T al ca ▁Province ); ▁on ▁the ▁east ▁and ▁sout heast , ▁by ▁Argentina , ▁and ▁on ▁the ▁south , ▁by ▁Par ral ▁and ▁San ▁Fab i án ; ▁the ▁latter ▁in ▁ Ñ ub le ▁Province . ▁The ▁municipality ▁of ▁Col b ún ▁occup ies ▁the ▁eastern most ▁strip ▁of ▁the ▁Province ▁of ▁Lin ares , ▁which ▁bo asts ▁some ▁of ▁the ▁highest ▁provincial ▁pe aks ▁and ▁the ▁head w aters ▁of ▁several ▁provincial ▁rivers . ▁ ▁Foundation ▁and ▁Historical ▁facts ▁The ▁municipality ▁of ▁Col b ún ▁was ▁officially ▁founded ▁December ▁ 3 0 , ▁ 1 9 2 7 . ▁Prior ▁to ▁that ▁date ▁the ▁municipality ▁was ▁called ▁Pan im áv ida ▁and ▁had ▁its ▁headquarters ▁in ▁that ▁town . ▁The ▁municipality ▁of ▁Pan im áv ida ▁had ▁been ▁founded ▁May ▁ 6 , ▁ 1 9 0 6 . ▁ ▁From ▁ 1 9 1 3 ▁to ▁ 1 9 5 4 ▁Col b ún ▁was ▁the ▁termin us ▁of ▁the ▁narrow ▁gauge ▁Put ag án — Col b ún ▁railway ▁origin ating ▁in ▁the ▁city ▁of ▁Lin ares . ▁ ▁Administration ▁ ▁As ▁a ▁commune , ▁Col b ún ▁is ▁a ▁third - level ▁administrative ▁division ▁of ▁Chile ▁admin ister ed ▁by ▁a ▁municipal ▁council , ▁head ed ▁by ▁an ▁al cal de ▁who ▁is ▁directly ▁elected ▁every ▁four ▁years . ▁The ▁ 2 0 0 8 -