FINANCIAL OVERSIGHT AND MANAGEMENT BOARD
FOR PUERTO RICO
Members
Andrew G. Biggs
Carlos M. García
Arthur J. González
José R. González
Ana J. Matosantos
David A. Skeel, Jr.
José B. Carrión III
Chair
Natalie A. Jaresko
Executive Director

BY ELECTRONIC MAIL
April 24, 2018
The Honorable Ricardo A. Rosselló Nevares
Governor of Puerto Rico
La Fortaleza
P.O. Box 9020082
San Juan, PR 00902-0082
The Honorable Thomas Rivera Schatz
President of the Senate of Puerto Rico
The Honorable Carlos J. Méndez Núñez
Speaker of the House of Representatives of Puerto Rico
Dear Governor Rosselló Nevares, President Rivera Schatz, and Speaker Méndez Núñez:
At the Oversight Board’s thirteenth public meeting, held on April 20, 2018, the Oversight Board:
(i) voted to certify, pursuant to 201(e)(2) of PROMESA, the fiscal plan for the University of Puerto
Rico as developed by the Oversight Board, pursuant to Section 201(d)(2) of PROMESA (the “New
UPR Fiscal Plan”); (ii) voted to certify, pursuant to 201(e)(2) of PROMESA, the fiscal plan for
the Puerto Rico Highway Transportation Authority as developed by the Oversight Board, pursuant
to Section 201(d)(2) of PROMESA (the “New HTA Fiscal Plan”); and (iii) voted to certify,
pursuant to 201(e)(1) of PROMESA, the fiscal plan for the Government Development Bank as
developed by the Governor, pursuant to Section 201(c)(2) of PROMESA, and approved by the
Oversight Board, pursuant to Section 201(c)(3) of PROMESA (the “New GDB Fiscal Plan”).
The Oversight Board is pleased, pursuant to Section 201(e) of PROMESA, to deliver this
compliance certification for each of the New UPR Fiscal Plan, New HTA Fiscal Plan, and New
GDB Fiscal Plan, as well as copies of each of the New UPR Fiscal Plan, New HTA Fiscal Plan,
and New GDB Fiscal Plan.

PO Box 192018 San Juan, PR 00919-2018; www.oversightboard.pr.gov; comments@oversightboard.pr.gov

 Honorable Ricardo A. Rosselló Nevares
Honorable Thomas Rivera Schatz
Honorable Carlos J. Méndez Núñez
Page 2

The Oversight Board looks forward to working with you, UPR, HTA, and GDB to fully implement
the New UPR Fiscal Plan, New HTA Fiscal Plan, and New GDB Fiscal Plan for the benefit of the
people, businesses, and other stakeholders of Puerto Rico.
Sincerely,

José B. Carrión
Chair
Andrew G. Biggs
Carlos M. García
Arthur J. González
José R. González
Ana J. Matosantos
David A. Skeel, Jr.
CC:

Natalie A. Jaresko
Christian Sobrino Vega

PO Box 192018 San Juan, PR 00919-2018; www.oversightboard.pr.gov; comments@oversightboard.pr.gov