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Terms Used In 1 Guam Code Ann. § 1033

  • Trust account: A general term that covers all types of accounts in a trust department, such as estates, guardianships, and agencies. Source: OCC
(a) Annually, I Maga’lahen Guåhan (Governor) shall issue a proclamation calling upon the people of Guam to observe a Guam-Micronesia Island Fair and Guam Ko’Ko’ Road Race, which shall be held at the discretion of the Guam Visitors Bureau.

(b) The Guam Visitors Bureau shall be the organizing body for the Guam-Micronesia Island Fair and Guam Ko’Ko’ Road Race, and shall provide the necessary logistics and financial support to ensure the success of the Fair as an international event and visitor attraction. The Department of Parks and Recreation shall assist by issuing permits for booths and exhibits, and designing the general layout of booths, exhibits and activities, with cultural awareness paramount in the design. The Department of Public Works shall inspect and ensure that the public facilities at the selected site are in good working condition to adequately protect the health and safety of the persons at the Fair. The Department of Revenue and Taxation shall issue on a priority basis a license for each type of activity being conducted at the Fair which requires a license from the Department. The Department of Public Health and Social Services shall issue licenses for the preparation and sale of food. The Customs and Quarantine Agency shall provide information and assistance to participants concerning the importation requirements of the statutes of Guam, the U.S. Department ofAgriculture, and other agencies for importation of items into Guam for use at the Fair. The Department of Agriculture shall establish regulations for the judging of produce and livestock exhibited at the Fair.

The Mayors Council shall create a mechanism for village participation or competitions. The Guam Council on the Arts and Humanities Agency shall provide technical assistance to encourage public participation of the performing and fine arts. The Guam Police Department, the Guam Fire Department, Guam Homeland Security, and all other law enforcement entities of the government of Guam shall provide public safety support at the Guam-Micronesia Island Fair and Guam Ko’Ko’ Road Race at the request of the Guam Visitors Bureau. The Guam Fire Department shall also inspect all booths and temporary structures to ensure compliance of Fire and Life Safety requirements, and issue required permits to operate such booths and temporary structures.

(c) I Maga’lahi (the Governor) shall appoint, from among the personnel of the departments and agencies mentioned in Subsection (b) of this Section, personnel to ensure the success of the Guam-Micronesia Island Fair and Guam Ko’Ko’ Road Race. The Speaker, in consultation with the respective Chairpersons of the Committees on Economic Development and Tourism, shall designate representatives from I Liheslatura (the Legislature) to serve as members of the organizing committee.

(d) The Guam Visitors Bureau, in collaboration with the agencies listed in Subsection (b), shall establish a fee schedule for the conduct of the Guam-Micronesia Island Fair and Guam Ko’Ko’ Road Race. The fee schedule shall include at a minimum: the cost for rental of display space; a participation fee to cover the costs of security, maintenance and other common area services at the Fair site; and a means by which food and beverage, produce, handicrafts, and other items being offered for sale may be purchased. All fees from the sale of goods or services sold at the Fair shall be collected and deposited to the Treasury of Guam. Twenty-five percent (25%) of the proceeds collected shall be deposited in the General Fund; fifty percent (50%) shall be deposited in the Guam-Micronesia Island Fair
and Guam Ko’Ko’ Road Race Revolving Fund, which is hereby created, to be administered by the Guam Visitors Bureau, for the sole purpose of paying for the Guam-Micronesia Island Fair and Guam Ko’Ko’ Road Race-related expenses; and twenty-five percent (25%) shall be deposited in the FESTPAC 2016 Folklife Festival Trust Account.

(e) Within thirty (30) days of the close of each Guam- Micronesia Island Fair and Guam Ko ‘Ko’ Road Race, the Guam Visitors Bureau shall report on the financial status of the Fair and the Guam-Micronesia Island Fair and Guam Ko’Ko’ Road Race Revolving Fund to I Maga’lahi (the Governor) and the Speaker of I Liheslaturan Guåhan, and shall make recommendations to improve the implementation of the Fair, including future sites and dates of the Fair and post the same on its website.

SOURCE: Added by P.L. 19-007:2 (Aug. 26, 1987). Amended by P.L.
19-014:14 (Feb. 26, 1988). Subsection (b) amended by P.L. 23-
128:III:23(a) (Dec. 12, 1996) (FY1997 Annual Appropriations Act). Subsection (a) amended by P.L. 25-176:20 (Dec. 20, 2000). Amended by
P.L. 28-068:IV:77 (Sept. 30, 2005) (FY2006 Annual Appropriations
Act); P.L. 31-106:2 (Sept. 30, 2011).

§ 1033.1 Guam National Guard Day.

The first Saturday in October of each year shall be known as Guam National Guard Day in recognition of the services rendered by members of the National Guard to the people of Guam. The Governor is authorized and requested to issue a Proclamation annually calling upon the people of Guam to observe Guam National Guard Day. The Governor shall appoint a Guam National Guard Day Committee to plan and make appropriate arrangements for the celebration of this important day.

SOURCE: Added by P.L. 20-207:23 (Aug. 20, 1990).