In every case in which a nonprofit entity requests that a plot of land leased, or otherwise legally transferred by an agency for its use and enjoyment be sold to it, the agency that owns it shall perform a study of necessity and convenience to determine, in accordance with public interest and taking into account the services rendered by such institution, whether it should sell said plot of land. At the discretion of the titleholder, and as part of the study of necessity and convenience the agency that owns the plot of land must hold a public hearing during non-working hours and in the community where it is located, after due notice to all owners and neighbors of the properties located within a radius of not less than one hundred (100) meters of the boundaries of the land to be sold, so that they can express their opinion with regard to such transaction.
History —Aug. 12, 1988, No. 172, p. 792, § 3.