P.R. Laws tit. 23, § 2909

2019-02-20 00:00:00+00
§ 2909. Transfer of assets by municipalities

Notwithstanding any legal provisions to the contrary, including the Autonomous Municipalities Act of the Commonwealth of Puerto Rico, all the municipalities and political subdivisions of Puerto Rico are hereby authorized to assign and transfer or lease to the Authority, at the Authority’s request, any property or interest thereon (including assets already devoted to public use), as well as any concession or franchise which the Authority deems necessary or convenient to achieve its purposes. The municipalities where the port will be located shall be under the obligation of negotiating in good faith with the Authority the terms under which it will lease or grant a subconcession on any property, facility, concession, franchise, or right belonging to a municipality which is necessary or convenient for the development and operation of the port. None of the provisions of this section shall be construed as limiting the powers of the Authority to acquire such properties or rights.

History —Aug. 11, 2002, No. 171, § 10.