P.R. Laws tit. 23, § 5062

2019-02-20 00:00:00+00
§ 5062. Transfer of property from the Government to the Corporation

The Commonwealth of Puerto Rico, its public agencies, public corporations and political subdivisions, including the municipalities, are hereby authorized to assign and transfer to the Corporation, at its request and under reasonable terms and conditions, without the need for calling a public bid or other formalities of law in addition to the execution of the corresponding deed, any property or interest over the same (including property that is already dedicated to public use), that the Corporation deems necessary or convenient in order to carry out its purposes.

In accordance [with] the provisions in this section, the deed to any property of the Commonwealth of Puerto Rico, including the deed to any property that is subsequently acquired, may be transferred to the Corporation by the officer in charge of said property or who has it under its jurisdiction.

The Secretary of Transportation and Public Works shall transfer to the Corporation, free of any charge, those additional lands of the Commonwealth of Puerto Rico that, in the judgment of the Governor of Puerto Rico, said Corporation needs in order to achieve its goals and purposes.

These provisions shall not be construed in the sense of authorizing the assignment or transfer of property set aside for other purposes by express legislative provision.

The Secretary of Transportation and Public Works, the Secretary of Housing and the Mayor of San Juan shall submit to the Legislature in March of each year a listing of all the properties assigned and transferred to the Corporation by virtue of the authorization herein contained and the appraisal of each property.

History —Sept. 24, 2004, No. 489, § 33.