Guam § 68102 - Definitions.

§ 68102. Definitions.

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As used or referred to in this Chapter, the following words and

terms shall have the following meanings, unless the context clearly

indicates otherwise:

(a) Board means the Board of Directors of the Guam Economic

Development Authority.

(b) Bonds or notes means the revenue bonds or bond

anticipation notes, respectively, authorized to be issued by the

Corporation under this Chapter.

(c) Corporation means the Guam Economic Development

Authority, created by P.L. 8-80, Eighth Guam Legislature.

(d) Costs as applied to any hospital facilities means the costs of

construction or acquisition; the cost of acquisition of property,

including rights in land and other property, both real and personal

and improved and unimproved; the cost of demolishing, removing

or relocating any buildings or structures on land so acquired,

including the cost of acquiring any land to which such buildings or

structures may be moved or relocated; the cost of all machinery,

fixed and movable equipment and furnishings; financing charges,

interest prior to and during construction and, if deemed advisable by

the Board, for a period not exceeding two (2) years after the

estimated date of completion of construction, the cost of

engineering and architectural surveys, plans and specifications; the

cost of consulting and legal services and other expenses necessary

or incident to determining the feasibility or practicability of

constructing or acquiring such hospital facilities; the cost of

administrative and other expenses necessary or incident to the

construction or acquisition of such hospital facilities, the cost of any

service fees to the Corporation; and the financing of the construc-

tion or acquisition thereof, including reasonable provision for

working capital and a reserve for debt service; and the cost of

reimbursing any governmental agency or any lessee of any hospital

facilities any amounts expended for items that would have been

proper costs of such hospital facilities within the meaning of this

definition had such expenditure been made directly by the Board; it

shall also mean the cost of refunding any indebtedness incurred for

any purpose for which bonds or notes may be issued pursuant to this

Chapter.

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(e) Hospital facilities means any one or more buildings,

structures, additions, extensions, improvements or other facilities,

which may, if the Board so decides, be built to the specifications of

the lessee, whether or not located on the same site or sites,

machinery, equipment, furnishings or other real or personal property

suitable for health care or medical care; and includes, without

limitation, general hospitals, chronic diseases, maternity, mental,

tuberculosis and other specialized hospitals; facilities for intensive

care and self-care; clinics and out-patient facilities; clinical,

pathological and other laboratories; hospital research facilities;

laundries; residences and training facilities for nurses, interns,

physicians and other staff members; food preparation and food

service facilities; administration buildings, central service and other

administrative facilities; communication computer and other

electronic facilities, fire fighting facilities, pharmaceutical and

recreational facilities; storage space, x-ray, laser, radiotherapy and

other apparatus and equipment; dispensaries; utilities; vehicular

parking lots and garages; office facilities for hospital staff members

and physicians; and such other health and hospital facilities

customarily under the jurisdiction of or provided by hospitals, or

any combination of the foregoing, with all necessary, convenient or

related interests in land machinery, apparatus, appliances,

equipment, furnishings, appurtenances, site preparation, landscaping

and physical amenities; hospital facilities shall not include any

property used or to be used for sectarian instruction or study or as a

place for devotional activities or religious worship.

(f) Indenture means a resolution adopted or an agreement

entered into and approved or adopted by a majority of all members

of the Board and the Governor, and by the Legislature by resolution,

providing for the issuance of bonds or notes.

(g) Nonprofit agency means any nonprofit corporation existing

or hereafter created and empowered to acquire, by lease or

otherwise, operate and maintain hospital facilities.

(h) Organic Act means the Organic Act of Guam as amended

and in effect on the effective date of this Chapter.

(i) Public agency means any entity established by the laws of

Guam, whose governing and policy determining body is appointed

by the Governor or Legislature of the territory of Guam, and whose

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functions or purposes include the provision or operation of hospital

facilities for the people of Guam; it also means any municipality,

other political subdivision or agency or instrumentality of the

territory of Guam.

(j) Territory means the territory of Guam.