21 Guam Code Ann. § 60410
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Terms Used In 21 Guam Code Ann. § 60410
- 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
All proposals for the use, lease or purchase of government land for the purpose of commercial mining or removing therefrom any minerals, rocks or sand for processing shall be presented to the Guam Natural Resources Board. The Board shall determine if the proposal is consonant with the public interests and in keeping with proper conservation practices. The Board may recommend any such use, lease or sale of government land to the Governor including any such conditions that may be necessary such as bonds for compliance with the proposals presented.
SOURCE: GC § 13252 added by P.L. 10-116 (Mar. 14, 1970). Amended by P.L. 24-171:4 (Apr. 17, 1998). Reenacted by P.L. 25-020:2 (May 26,
1999).