Ley 12-1992 art. 26 — Fondo Permanente para la Administración de los Bienes Destinados al
Deporte y al Olimpismo / Fondo Permanente para la Administración  / Art. 26
Artículo 26. Traspaso de titularidad
Status: in_force

Se autoriza y ratifica el traspaso de la Administración de Terrenos del Estado Libre Asociado al Fideicomiso Olímpico, con el propósito de constituir en éste la sede del Comité Olímpico de Puerto Rico, el terreno y las estructuras del antiguo edificio de la YMCA, sito en la primera zona de la barriada de Puerta de Tierra del municipio de San Juan, el cual se describe de la siguiente manera: (La transcripción en inglés se hace como reza en el Registro de la Propiedad correspondiente) "URBAN: Parcel of land located in the first zone of the ward of Puerta de Tierra, of the municipality of San Juan, Puerto Rico, situated on the western part, that is, in that closest to the City of San Juan, of the principal property from which it was segregated and with an area of SIX THOUSAND ONE SQUARE METERS and bounding on the NORTH and WEST with lands of the Military Reservation of the United States of America before, now with Muñoz Rivera Avenue on the NORTH and another street belonging to The People of Puerto Rico on the WEST, on the SOUTH with Inular Highway Number One, now known as Ponce de León Avenue and on the EAST with the rest of Lot Number One belonging to the People of Puerto Rico before now lands belonging to the Puerto Rican Atheneum, a details description of which parcel, as appears from a certification issued by Enrique Castro González, Chief of the Public Lands Division of the Department of the Interior of Puerto Rico, duly presented and registered in the Registry of Property, is as follows: Starting from a point located in the boundary line of the Military Reservation of the United States between points numbers sixty-four and sixty-five described in the Proclamation of the President of the United States, dated June Thirty Nineteen Rev. 15 de abril de 2024 www.ogp.pr.gov Página 9 de 13 Ley del “Fondo Permanente para la Administración de los Bienes Destinados al Deporte y al Olimpismo”, o “Fideicomiso Olímpico” [Ley 12-1992] Hundred and Three, published according to General Order Number Ninety-Seven dated July seven of the same year, and at a distance of six meters and thirty-two centimeters from said point number sixty-four and following the said boundary line with the lands of the Military Reservation, bearing North three degrees fifty-three minutes West or three hundred ninety-five degrees sixty-nine centigrade (Centesimal measurements) for a distance of seventy-two meters ninety-three centimeters, point number sixty-five of said Presidential Proclamation was reached, which point is marked on the ground with a four-faced stone guidepost in which the letters M. R. appear carved; thence, following the boundary with said lands of the Military Reservation bearing North eighty-eight degrees six minutes East or ninety-seven degrees eighty-nine centigrades (centesimal measurements) for a distance of eighty-three meters sixty- four centimeters to a point where the boundary with the lands of the Military Reservation ends, which point has been marked with a concrete guidepost; thence, bounding with the rest of lot Number One from which this parcel was segregated, bearing South two degrees five minutes East or one hundred ninety-seven degrees and sixty-nine centigrades (centesimal measurements) for a distance of seventy-two meters fifty-eight centimeters to a point located on the North border of the zone of Insular Highway Number One, which is twelve meters eighty centimeters from its axis; this point was also marked with a concrete guidepost; thence, following the boundary with said North border of the zone of Insular Highway Number One bearing South eighty seven degrees fifty-five minutes West of two-hundred ninety-seven degrees sixty-nine centigrades (centesimal measuremens) for a distance of eighty one meters thirty-two centimeters to the starting point, which point was also marked on the ground with another concrete guidepost. Point number sixty four described in the Presidential Proclamation is marked on the ground with a stone guidepost in the same way as point number sixty-five. There is located in said parcel a three story reinforced-concrete building, facing the highway. It contains different rooms for meetings and lecture hall for men and young people; pool room, kitchen and toiled rooms; study rooms, gymnasium, dormitories and bathrooms and other appurtenances. To this building there has been added a reinforced concrete wing consisting of a ground floor and three additional stories which wing together with the original structure forms one unit containing two wings. Dicha propiedad descrita se halla inscrita al folio Ciento Cuarenta y Dos (F- 142), del tomo Seis y Veinte (T-6 y 20) de Puerta de Tierra, finca número Ciento Cuarenta y Seis (F- 146, Registro de la Propiedad de San Juan, Sección Primera). TÍTULO Y CARGAS SEGUNDO: Adquirió "La Vendedora" el inmueble antes descrito por Venta y Cesión mediante escritura número Cincuenta y Ocho (58) otorgada en San Juan, a veintiocho de marzo de mil novecientos catorce (28 de marzo de 1914) ante el Notario Juan De Guzmán Benítez." Dicho inmueble se encuentra libre de cargas y gravámenes. La escritura de compraventa deberá incluir aquellas condiciones, limitaciones y estipulaciones establecida en esta ley y todas aquellas otras que el Estado Libre Asociado entienda necesarias para la protección, conservación y administración del bien vendido al Rev. 15 de abril de 2024 www.ogp.pr.gov Página 10 de 13 Ley del “Fondo Permanente para la Administración de los Bienes Destinados al Deporte y al Olimpismo”, o “Fideicomiso Olímpico” [Ley 12-1992] Fideicomiso Olímpico. Deberá otorgarse el título dentro de los treinta (30) días siguientes de haberse constituido legalmente el Fondo Fiduciario.