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Bill

RCS 109

Para ordenar al Comité de Evaluación y Disposición de Bienes Inmuebles, creado por virtud de la Ley 26-2017, según enmendada, conocida como “Ley de Cumplimiento con el Plan Fiscal", a evaluar conforme a las disposiciones de la ley y el reglamento, la transferencia, usufructo o cualquier otro negocio jurídico contemplado en dicha Ley al Municipio de Utuado de las instalaciones de la antigua Escuela Elemental del Bo. Ángeles, antes conocida como "Escuela Elemental Eugenio J. Vivas", localizada en la Carretera 602, km. 1.1 del citado municipio; y para otros fines relacionados.

2025-2028 Session

Puerto Rico transfers abandoned school building in Utuado to municipality for $1, enabling local redevelopment but raising fiscal oversight questions.

Res. Conj. 23-2026
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WeVote Research Nonpartisan
Bill Summary · RCS 109

Legislative bill overview

Bill RCS 109 directs Puerto Rico's Property Evaluation and Disposition Committee to transfer ownership of the abandoned Eugenio J. Vivas Elementary School building in Utuado to the municipality for one dollar ($1.00). The transfer includes the facility located on Highway 602 in the Ángeles neighborhood and is authorized under the 2017 Fiscal Compliance Law framework.

Why is this important

This transfer allows a local municipality to repurpose or manage an abandoned public facility, potentially reducing government overhead costs and enabling community redevelopment. The symbolic $1.00 price signals the transfer is a public benefit rather than a profitable transaction, though it raises questions about property valuation and fiscal responsibility during Puerto Rico's ongoing fiscal oversight period.

Potential points of contention

  • Fiscal Accountability: Transferring valuable real estate for $1.00 during Puerto Rico's fiscal crisis (which is why the Oversight Board exists) may face scrutiny regarding whether fair market value was obtained for public assets
  • Intended Use Clarity: The bill doesn't specify what Utuado plans to do with the building, raising concerns about whether it will actually be productively used or simply become another municipal burden
  • Precedent Risk: Approving nominal-price transfers could establish a precedent encouraging other municipalities to request similar deals, straining the island's fiscal recovery efforts

Compiled from official sources — confirm details with the bill’s official record.

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