Guam § 68103 - Additional Powers of the Board.

§ 68103. Additional Powers of the Board.

In addition to all powers heretofore or hereafter conferred upon it by

law, the Board shall have the power and is hereby authorized:

(a) To incur indebtedness, and to issue bonds or notes therefor,

as provided in this Chapter, in order to finance and refinance,

acquire, construct, equip, provide, operate, own, repair, maintain,

extend, improve, rehabilitate, renovate and furnish any hospital

facilities, and to issue revenue bonds and revenue refunding bonds

for such purposes.

(b) To pledge or assign any money, rents, charges, fees or other

revenues and any proceeds derived by the Corporation from sales of

property, insurance, condemnation awards or other sources.

(c) To pledge or assign the revenues and receipts from any

hospital facilities and any agreement of lease or the rent and income

received thereunder.

(d) To fix, revise, charge and collect or cause to be fixed,

revised, charged and collected rents, fees and charges for the use of,

or services rendered by, any hospital facilities financed pursuant to

this Chapter.

(e) To employ fiscal consultants, consulting engineers,

architects, attorneys, hospital consultants, appraisers and such other

consultants and employees as may be required in their judgment and

to fix and pay their compensation, from funds available therefor.

(f) To conduct studies and surveys respecting the need for

hospital facilities and their location, financing and construction.

(g) To apply to, accept, receive and agree to and comply with

the terms and conditions governing grants, loans, advances,

contributions, interest subsidies and other aid with respect to

hospital facilities from federal and territorial agencies or

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instrumentalities and to accept, receive and agree to and comply

with the terms and conditions governing payments under any health

insurance program.