829

Every public corporation, agency, municipal corporation, and government instrumentality of the Commonwealth of Puerto Rico shall include items in their annual budget for the payment of electric power, water, and/or sewer services, and as well as items for debt payoff and the payment agreements entered into with PREPA and PRASA. Every public corporation, municipal corporation, agency, and government instrumentality of the Commonwealth of Puerto Rico that has any outstanding debt and has entered into a payment agreement with PREPA or PRASA, shall initiate a reconciliation process to determine the sum of the outstanding debt and enter into a payment agreement with PREPA or PRASA, as the case may be, for the payment of the past due debt. Provided, that PREPA ¬and PRASA may require a reasonable minimum initial payment to enter into said payment agreements. History —Apr. 7, 2016, No. 22, § 4.2.