Guam § 39107 - Bid, Invitation for and Submission of.

§ 39107. Bid, Invitation for and Submission of.

(a) Whenever there are two (2) or less current licenses in effect, the

Board shall conduct a public meeting at which it shall review cockpit

operations and authorize the letting of bids for licenses which will be new or

which will replace the expired or non-renewed licenses.

(b) Not later than ninety (90) days prior to the expiration of an existing

license the Board shall publish in a newspaper of general circulation within

the territory its invitation for bids.

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(c) The invitation for bids shall specify the types of license to be

granted and the municipality in which the license is intended to be granted.

(d) The notice shall be published at least once weekly for three (3)

consecutive weeks. The notice shall state the address to which bids must be

submitted and shall set a deadline, which shall be thirty (30) days following

the day of last publication of notice, for the submission of bids.

(e) No bid for amara shall be considered unless it shall be accompanied

by a deposit of One Hundred Dollars ($100.00) which sum shall not be

refundable and which shall be paid into the General Fund of Guam.

(f) No bid shall be considered unless it shall be submitted in a sealed

envelope.

(g) The minimum bid which can be received or accepted by the Board

for the operation of a cockpit in which amara fights may be conducted shall

be Ten Thousand Dollars ($10,000.00) for five (5) years.

(h) The minimum bid which can be received or accepted by the Board

for the operation of a cockpit in which only balentia fights maybe conducted

shall be Fifty Dollars ($50.00) per year.