Guam § 90 - Authorization to Enter into Long-Term Leases.
Full text of Guam Guam Code Annotated § 90 — Authorization to Enter into Long-Term Leases., with citation guidance and answers to common questions.
§ 90. Authorization to Enter into Long-Term Leases.
(a) For the purpose of facilitating the financing, design,
construction, and maintenance of the new Department of
Corrections encompassed by this Act, the Government of Guam
is authorized to lease property that will be used for the new
Department of Corrections, as required, to the
contractor/developer and/or the Guam Economic Development
Authority; provided, such property is in the inventory of the
Government of Guam.
COL11/30/2021
9 GCA CRIMES & CORRECTIONS
(b) The Government of Guam is also authorized to lease-back
from the contractor/developer and/or the Guam Economic
Development Authority the property for a period mutually agreed
upon between the Government of Guam and the
contractor/developer and/or the Guam Economic Development
Authority as may be reasonably necessary to amortize the lease-
back period of no more than thirty (30) years the cost associated
with the design, construction, and maintenance of the new
Department of Corrections. In no event shall the end of such lease-
back period be structured as an annually renewable lease with a
provision for automatic renewals to the extent that pledged
revenue under § 90.308 is available. The lease-back shall not be
construed as a debt under any applicable debt limitation under the
Organic Act of Guam or Guam law.
2021 NOTE: Subsection designations added pursuant to authority granted
by 1 GCA § 1606.
Frequently Asked Questions About Guam § 90
What does Guam Code Annotated § 90 cover?
Section 90 ("Authorization to Enter into Long-Term Leases.") is part of the Guam Code Annotated, the codified statutory law of Guam. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Guam § 90?
A common citation format is "Guam Code Annotated § 90" (Guam). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Guam law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Guam official source linked on this page or consult a licensed Guam attorney.
How does Guam § 90 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Guam can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Guam.