P.R. Laws tit. 12, § 1257
In addition to the projects initiated by the Authority, one or more local agency(ies) or any person may submit a proposal to the Authority for the financing of a project, using the forms and following the instructions prescribed by the Authority. Such proposal shall establish the type and location of the project and shall include any other information and data that are available to any local agency or person submitting the proposal and the prospective debtor, if any. The Secretary of Health, the Secretary of the Family or the Administrator of the Mental Health and Addiction Services Administration shall make the determination required in § 1256(c) of this title with regard to any projects for medical facilities, and the Authority shall be bound by such determination. The Secretary of Health, the Secretary of the Family or the Administrator of the Mental Health and Addiction Services Administration, may also request any local agency to provide any information and data that the Authority deems pertinent, and the local agencies are hereby authorized to provide any information and data they have available, and otherwise render to them the help and cooperation that they may need to carry out the purposes of this section. The Secretary of Health or the Secretary of the Family, or the Administrator of the Mental Health and Addiction Services Administration, may also request any prospective debtor to furnish information and data regarding the project and said debtor. They are also authorized to conduct or cause to be conducted, in conjunction with the local agencies and to the maximum extent viable, such investigations, evaluations, studies, reports and reviews that may be necessary and desirable, in their judgment, to determine the feasibility and desirability of the project, the manner in which the project shall contribute to the safety, health and welfare of the inhabitants of the area in which it will be located, and, with respect to the prospective debtor, the experience, background, past and present financial situation, service record, and the integrity and capacity of said debtor’s management team; the manner in which the project or the prospective debtor adjusts to the criteria and requirements of this section, and any other factors deemed relevant or convenient to ensure compliance with the purposes of this section. In making such determinations, they may rely on the findings of the health service consultants and financial advisors who have been contracted in connection with any proposed project to be financed by the Authority.
History —June 27, 1977, No. 121, p. 310, added as § 7 on June 12, 1978, No. 48, § 7; Sept. 10, 1993, No. 79, § 5.