Terms Used In 12 Guam Code Ann. § 14106

  • Contract: A legal written agreement that becomes binding when signed.
  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
) The Board shall appoint a general manager who shall be its chief executive officer and shall serve at its pleasure. The general manager shall, at a minimum, possess the following qualifications:
(1) a combined minimum of ten (10) years of documented experience successfully managing a public or private utility, or business activity similar to or greater in scope and size to the Authority; and either:
(A) graduation from an accredited institution of higher education with a bachelor’s degree in business or public sector management or closely related field or discipline, or
(B) graduation from an accredited institution of higher education with a bachelor’s degree in engineering or engineering technology.
(b) The Board shall fix the general manager’s compensation, notwithstanding any other provision of law.
(c) The Board may contract with a corporation to perform any or all of the duties, and to exercise any or all of the powers of the general manager as provided in this Section, and the general manager, subject to the approval of the Board, may contract with
a corporation to perform some of the duties or to render expert and technical assistance in the operation of the Authority.
(1) Such a management contract shall be for no longer than three (3) years duration.
(2) A corporation contracted pursuant to this Section must have a minimum of seven (7) years experience in the operation of a water or wastewater utility of similar or greater scope than the Authority.
(d) The powers of the General Manager shall include the following:
(1) The general manager shall have full charge and control of the construction of the works of the Authority and their maintenance and operation, and also of the administration of the business affairs of the Authority.
(2) To see that all rules and regulation of the Authority are enforced;
(3) To attend all meetings of the Board and submit a general report of the affairs of the Authority;
(4) To keep the Board and I Liheslaturan Guåhan advised as to the needs of the Authority, to approve demands for the payment of obligations of the Authority, and to approve expenditures and collection of revenue within the purposes and amounts authorized by the annual budget;
(5) To prepare, or cause to be prepared, all plans and specifications for the constructions of work by the Authority in accordance with the annual budget;
(6) To select and appoint the employees of the Authority, except as otherwise provided by this Chapter, and to plan, organize, coordinate and control the services of such employees in the exercise of the powers of the Authority under the general direction of the Board;
(7) To cause to be published within one hundred twenty (120) days from the end of each fiscal year a financial report showing the result of operations for the preceding fiscal year and the financial status of the Authority on the last day

thereof. The publication shall be made in the manner provided by the Board; and
(7) To perform such other and additional duties as the
Board may require.
SOURCE: Subsection (b) (iii), (iv) amended by P.L. 26-015:3 and 4 (May
20, 2001). Subsection (a) repealed/reenacted by P.L. 26-076:9 (Mar. 12,
2002).

2013 NOTE: Numbers and/or letters were altered to adhere to the
Compiler’s alpha-numeric scheme in accordance to 1 Guam Code Ann. § 1606.