21 Guam Code Ann. § 79602
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Terms Used In 21 Guam Code Ann. § 79602
- 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
Income received pursuant to any lease of property within the Capitol District, shall be deposited to the Capitol District Fund, which is hereby created as a special fund of the government of Guam and shall not be commingled with any other fund of the government of Guam nor subject to transfer by I Maga’lahi. The Capitol District Fund shall be under the exclusive purview and control of I Liheslatura and shall be dedicated and used solely for the repair, restoration, renovation, or refurbishment of the Guam Congress Building or other Capitol District properties in compliance with the Capitol District law (§ 79601, Title 21, GCA), with I Liheng Para Sagan I Liheslaturan Guåhan (§ 1126, Title 2, GCA), and the historical preservation laws of Guam. Expenditure from the Capitol District Fund shall be pursuant to Legislative Resolution and shall not be used for operations.
SOURCE: Added by P.L. 29-069:10 (Apr. 29, 2008) as § 79601.1, which was already occupied. Renumbered by Compiler.
21 Guam Code Ann. REAL PROPERTY
CH. 79 RESTORATION OF HAGÅTÑA