21 Guam Code Ann. § 79302
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Terms Used In 21 Guam Code Ann. § 79302
- Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
(a) The Authority shall develop a Plan (the “”Plan””) to carry out the purposes of this Chapter, which(1) shall include the planning, preparation, development, construction, acquisition, lease, disposition, reconstruction, improvement, alteration, extension, repair, maintenance and operation of the Hagåtña Restoration and Redevelopment Project (the “”Project””);
(2) shall include the terms and conditions for the reuse of the properties;
(3) shall include standard of eligibility for ownership or occupancy of housing, dwellings and facilities;
(4) shall include installation, construction or reconstruction of streets, utilities, parks, playgrounds and other public improvements.
(b) In developing the Plan, the Authority is authorized to conduct surveys, appraisals, soundings, test borings or any other technical investigations.
SOURCE: Added by P.L. 24-110:2 (Nov. 21, 1997).
2017 NOTE: Subsection/subitem designations added pursuant to the authority of 1 Guam Code Ann. § 1606.