Guam § 68104 - Criteria and Requirements.

§ 68104. Criteria and Requirements.

In undertaking any hospital facilities pursuant to this Chapter the

Board shall be guided by and shall observe the following criteria and

requirements; provided that the determination of the Board as to its

compliance with such criteria and requirements shall be final and

conclusive:

(1) There is a need for the hospital facilities in the area in

which the hospital facilities are to be located;

(2) No hospital facilities shall be leased to any public or

nonprofit agency unless the financial feasibility of the financing is

supported by a feasibility study prepared by a professional hospital

consultant, which may be an independent firm or certified public

accountants, having a favorable national repute for skill and experi-

ence in such work;

(3) Adequate provision shall be made for the payment of the

principal of and the interest on the bonds and any necessary reserves

therefor and for the operation, repair and maintenance of the

hospital facilities at the expense of the lessee; and

(4) The public facilities, including utilities, and public services

necessary for the hospital facilities will be made available.