12 Guam Code Ann. § 8307
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Terms Used In 12 Guam Code Ann. § 8307
- 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
- Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
The Power of Eminent Domain (condemnation) shall not be used by the government of Guam or the Guam Power Authority to provide land for alternate energy sources or to provide land to lease to alternate energy suppliers. It shall be the exclusive responsibility of the alternate energy supplier to cope with land/easement problems, and neither the government of Guam nor the Guam Power Authority shall be under any obligation to provide land to alternate energy suppliers.
SOURCE: Added by P.L. 17-077 (Dec. 11, 1984).