There is hereby established as a public, non-profit corporation, the Guam Preservation Trust (the >Trust=). The Trust shall have the following purposes, which are within its powers:

(a) To seek grants and donations;

(b) To acquire title to threatened Guam properties for the preservation of their historical value, whether in fee simple, by leasehold, or by easement, and whether through donation, transfer, dedication, or purchase;

(c) To award grants for the following:

(1) Historic property documentation and historic register nomination;

(2) Architectural and archeological history and documentation of historic structures and sites;

(3) Protection of historic structures and sites through stabilization, rehabilitation, reconstruction, or restoration, including adequate lighting when appropriate on such sites being utilized for non-profit
and non-commercial purposes, such as private homes, schools, churches, public buildings and facilities, except that commercial activity is allowable on such sites pursuant to a signed covenant between the Guam Preservation Trust and the registered owners when part of the proceeds of such commercial activity is used for the general maintenance of such sites;

(4) Ethnography and oral history of Guam; and

(5) Archival and archaeological research and investigations for locating, recording and protecting sites of historic or prehistoric interest and value.

(d) To prepare a Guam Preservation Trust Master Plan identifying, by order of priority, the buildings, structures and sites which in the opinion of the Trust are deserving of preservation and which shall be preserved. The Trust shall hold a public hearing on the proposed plan and shall transmit the plan to I Liheslaturan Guåhan sixty (60) days prior to its implementation; and

(e) To support other activities directly related to increasing the public appreciation of and benefit from historical places including public interpretation and pre- sentation.

SOURCE: Added as GC § 13985.80 by P.L. 20-151:12 (Mar. 21, 1990), repealed and reenacted by P.L. 21-007:1 (Apr. 19, 1991), and P.L. 27-
089:2 (May 6, 2004).