P.R. Laws tit. 21, § 6017
The Legislature of every municipality that issues obligations evidenced by revenue bonds by virtue of the provisions of this chapter to pay for the cost of revenue generating projects, shall fix and collect reasonable rates, fees, charges or rental payments for the use of the services or facilities provided by said revenue generating projects, and shall review the rates, fees, charges or rental payments from time to time so that said revenue generating projects shall remain self-liquidating. The rates, fees, charges and rental payments shall be in amounts sufficient to produce resources to at least:
(a) Pay all operating and maintenance expenses of said revenue generating projects and provide the needed reserves for such a purpose, and
(b) pay the principal and the premiums, if any, and the interest on the revenue bonds for the payment of which the income from the revenue generating project has been committed, or otherwise encumbered, and to provide the corresponding reserves.
History —July 3, 1996, No. 64, § 18, renumbered as § 21 and amended on Aug. 12, 1997, No. 75, § 20.