P.R. Laws tit. 22, § 227a
For the purpose of continuing the program of the construction of electric distribution lines in the rural district by the Electric Power Authority, the Secretary of Agriculture is hereby authorized in behalf and in representation of the Commonwealth to enter into a contract with the Electric Power Authority for the payment to said Authority for services rendered to the Commonwealth in maintaining its lines available for the supplying of electric power in connection with the Rural Electrification Program. Said contract shall provide for the payment to the Authority for the services rendered, as above expressed, at the rates fixed, taking into consideration the expenses incurred by said Authority in the construction, repair, maintenance and operation of its facilities and properties in relation with the service thus rendered and the income to be derived from the operation of electric distribution lines constructed by the Authority in the rural district under the program comprised by said contract; Provided, That said contract shall not extend over a period of thirty (30) years after the construction of said lines and that the total sum to be paid by the Commonwealth Treasury in any one fiscal year for the service rendered as above expressed shall not exceed nine hundred seventy-five thousand (975,000) dollars.
Payment for this service shall be made after the same shall have been rendered and the periods of payment shall be fixed in the contract.
History —June 24, 1958, No. 91, p. 200, § 1, eff. July 1, 1958.