12 Guam Code Ann. § 5122
Terms Used In 12 Guam Code Ann. § 5122
- Appraisal: A determination of property value.
- Appropriation: The provision of funds, through an annual appropriations act or a permanent law, for federal agencies to make payments out of the Treasury for specified purposes. The formal federal spending process consists of two sequential steps: authorization
- 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
12 Guam Code Ann. AUTONOMOUS AGENCIES
CH. 5 GUAM HOUSING AND URBAN RENEWAL AUTHORITY
(a) For the purpose of aiding and cooperating in the planning, undertaking, carrying out, developing, constructing and operating of projects, and of enabling the Authority to qualify for participation in federal programs in its authorized field of activity, the government of Guam, or any public agency or public body of Guam, with or without consideration, upon such terms as it may determine, and acting through appropriate agencies and officials, may do any, all or any combination of the following:
(1) Enter into contracts and agreements (which contracts or agreements may extend over any period, notwithstanding any provision or rule of law to the contrary) with the Authority or other public agency or body respecting action to be taken pursuant to any of the powers granted by this Article, including the furnishing of funds by loan, grant, contribution, appropriation or otherwise or other assistance in connection with any project.
(2) Dedicate, sell, convey, lease or otherwise transfer any of its interest in any property or grant easements, licenses, or any other rights or privileges therein to the Authority or to any other public agency concerned in any project of the Authority.
(3) Cause public buildings and public facilities, including parks, playgrounds, recreational, community, educational, water, sewage or drainage facilities, illumination or any other works or facilities which it is otherwise empowered to undertake or furnish, to be furnished to or in connection with any project.
(4) Close, vacate, furnish, install, grade, regrade, pave, plan or replan, highways, streets, roads, alleys, sidewalks, ways or other places.
(5) Plan or replan, zone or rezone, any part of any community or locality, and make exceptions and grant waivers from any building codes, regulations or rules.
(6) Cause administrative and other services to be furnished to the Authority.
(7) Incur all or any part of the expense of any public improvement necessary for the purposes of this Article.
(8) Lend, grant, appropriate or contribute funds to the
Authority, or otherwise for the purposes of this Article.
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12 Guam Code Ann. AUTONOMOUS AGENCIES
CH. 5 GUAM HOUSING AND URBAN RENEWAL AUTHORITY
(9) Employ, notwithstanding the provisions of any other law, any funds belonging to or within its control, including funds derived from the sale or furnishing of property or services or facilities, to the Authority, for the purchase of bonds or other obligations of the Authority.
(10) Exercise powers relating to the repair, improvement, condemnation, vacation, closing, demolition or removal of unsafe, unsanitary or unfit buildings and structures.
(11) Do any and all things necessary or convenient to aid and cooperate in the planning or carrying out, or operating projects of the Authority, and in achieving the purpose of this Article.
(b) All agencies and public officials of the government of Guam are authorized and empowered, and shall cooperate with the Authority to the extent necessary to facilitate the exercise by the Authority of its powers, duties and functions under this Article and in carrying out the purposes of this Article.
(c) Any sale, conveyance, lease, transfer or agreement authorized by this Section may be made without appraisal, public notice, advertisement or public bidding, notwithstanding any laws to the contrary.
(d) All projects of the Authority shall comply with the planning, zoning, sanitary and building laws or codes, or other regulatory measures applicable to the community in which the project is situated; but no project constructed in a manner to promote the public interest, which complies with the standards or requirements of the Federal Government applicable to it, shall be deemed to be in violation of such laws or codes or be required to be changed or modified for compliance.
SOURCE: GC § 13920.
§ 5123. Power to Render Assistance by Taxes, Appropriations, Borrowings, Bonds, Etc.
The government of Guam may levy taxes, appropriate funds, incur indebtedness and issue bonds for the purposes of procuring funds to be loaned, appropriated, contributed or granted, to the Authority for carrying out its powers, functions and duties under this Article, for the provision of public improvements and other forms of local governmental cooperation, and for use in connection with any project of the Authority, or otherwise to carry out the purposes of this Article. Bonds to be issued by such government pursuant to the provisions of this Section shall be
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12 Guam Code Ann. AUTONOMOUS AGENCIES
CH. 5 GUAM HOUSING AND URBAN RENEWAL AUTHORITY
issued in the manner and within the limitations prescribed by law for the issuance and authorization of bonds.
SOURCE: GC § 13921.