2022 Guam Statutes
Title 12 - Autonomous Agencies
Division 1
Chapter 1 - Guam Airport Authority


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GUAM CODE ANNOTATED TITLE 12 AUTONOMOUS AGENCIES UPDATED THROUGH P.L. 36-111 (OCTOBER 12, 2022) COL11/29/2022 TABLE OF CONTENTS TITLE 12 AUTONOMOUS AGENCIES DIVISION 1 AUTONOMOUS AGENCIES Chapter 1. Article 1. Article 2. Article 3. Article 4. Antonio B. Won Pat International Airport Authority, Guam. General Provisions. §§ 1101-1114 Issuance of General and Special Revenue Bonds. §§ 1201-1226 Aircraft Rescue and Fire Fighting Unit. §§ 1301-1304 “Made in Guam” Incubator Program. §§ 1401-1407 Chapter 2. [Omitted]. Chapter 3. Guam Educational Telecommunications Corporation. Article 1. Article 2. Chapter 4. Guam Educational Telecommunications Corporation §§ 3101-3118. Guam Film Office. §§ 3201-3213. Guam Housing Corporation. Article 1. Article 2. General Provisions. §§ 4101-4116 Community Affordable Housing Action Trust Act. §§ 4200-4215 Article 3. Government Participation Loan Act. §§ 4300-4312 Article 4. Guam Housing Mortgage Insurance Corporation. §§ 4400-4405 Article 5. Requirements and Regulations. §§ 4500-4507 Article 6. Home Financing Act. §§ 4601-4602 Article 7. First Time Home Owner Relief Program Act. §§ 4701-4706 Article 8. Mortgage Credit Certification Program. §§ 4801-4806 Article 9. Lease-To-Own Housing Program. §§ 4901-4911 Article 10. Housing Trust Fund Act. §§ 41001-41006 Chapter 5. Article 1. Article 2. Article 3. COL11/29/2022 Guam Housing and Urban Renewal Authority. General Provisions. §§ 5101-5135 Low Income Housing Program. §§ 5201-5206 Development of Residential Subdivisions. §§ 5301-5312 Article 4. Chapter 6. Article 1. Article 2. Development of As-Tumbo Subdivision. §§ 5401-5415 Guam Regional Transit Authority. General Provisions. §§ 6101-6105 Government §§ 6201-6205 Chapter 7. Guam Telephone Authority. [Repealed] Chapter 8. Guam Power Authority. Article 1. Article 2. Article 3. Article 4. Article 5. Chapter 9. Article 1. Article 2. Article 3. Article 4. Article 5. Chapter 10. Article 1. Article 2. Article 3. Article 4. Chapter 11. General Provisions. §§ 8101-8124 Guam Power Authority Revenue Bonds. §§ 8201-8245 Alternate Energy Plan. §§ 8301-8312 Unauthorized Electrical Connections. §§ 8401-8407 Net Metering §§ 8501 - 8506 Guam Visitors Bureau. General Provisions. §§ 9100-9117 Tourist Stamps. §§ 9201-9205 Rainy Day Fund. §§ 9301-9306 Cultural and Sports Ambassadors Fund. §§ 9401-9403 Guam Visitors Bureau Request for Information; Development of a Cruise Ship Industry on Guam. § 9501 Port Authority of Guam. Port Authority of Guam. §§ 10101-10114 Guam Port Authority Revenue Bonds. §§ 10201-10238 Jose Leon Guerrero Commercial Port Public-Private Partnership §§ 10301-10322 Public-Private Partnership through a Performance Management Contract. §§ 10401-10406 Public Defender Service Corporation. §§ 11101-11116 Chapter 12. Article 1. Article 2. Article 3. Article 4. COL11/29/2022 Public Utilities Commission and the Guam Telecommunications Act of 2004. Public Utilities Commission. §§ 12100-12128 Guam Telecommunications Act of 2004. §§ 12201-12211 “911” Surcharge. §§ 12301-12314 The Task Force on Submarine Cables Act of 2020. §§ 12401-12404. Chapter 13. Public Utilities Fair Practices Act. §§ 13101-13105 Chapter 14. Article 1. Article 2. Article 3. Article 4. Article 5. Guam Waterworks Authority. General Provisions. §§ 14101-14117 Guam Waterworks Authority Revenue Bonds. §§ 14201-14241 Drought Management and Comprehensive Water Conservation Plan. §§ 14301-14306 Outsourcing. §§ 14401-14409 Guam’s Water Resources. §§ 14501-14505 DIVISION 2 ECONOMIC DEVELOPMENT AND COMMERCE AUTHORITY Chapter 50. Article 1. Article 2. Article 3. Article 4. Article 5. Article 6. Guam Economic Development Authority. GEDCA Administration. §§ 50101-50119 Guam Product Seal. §§ 50201-50211 Guam Road Construction Mitigation Grant and Loan Guarantee Program. §§ 50301-50311 Guam Film Office. §§ 50401-50413 [Repealed. See 12 GCA, Chapter 3] Åkton Manhihita Yan Manafaˊmamaolek, Guam Intraregional Commerce Commission Act. §§ 50501-50510 Transshipment Task Force. §§ 50601-50604 Chapter 51. Authorization to Refund Obligations to Achieve Savings. §§ 51101-51107 Chapter 52. Agricultural Development Fund. §§ 52101-52108 Chapter 54. Small Business Development Fund. §§ 54101-54109 Chapter 56. Guam Agricultural Expense Insurance. §§ 56101-56104 Chapter 58. Article 1. Article 2. Article 3. Chapter 60 COL11/29/2022 Qualifying Certificates. Qualifying Certificates Programs. §§ 58100-58147.2 Special Qualifying Certificate; 1,600 Hotel Rooms Development. §§58201-58207 Special Qualifying Certificate Åkton GUMA (Group Use Manåmko Accommodations) Incentive Act §§58301-58309 Foreign Sales Corporation Tax Incentives. §§ 60100-60104 Chapter 62. Land Claims Rebate. §§ 62100-62107 Chapter 64. Project Revenue Bonds. §§ 64101-64116 Chapter 66. Mortgage Revenue Bonds. §§ 66101-66136 Chapter 68. Guam Economic Development Authority Hospital Facilities Finance Act. §§ 68101-68125 Chapter 68A. Guam Memorial Hospital Authority Request for Information: Management and Operations. § 68A101 (Renumbered as 12 GCA § 50119) Chapter 70. Chapter 72. Hotel Development. §§ 70101-70114 Land Claims Loan Revolving Fund. §§ 72101-72112 Chapter 74. Landowners’ Recovery Fund. §§ 74101-74122 Chapter 76. Guam Territorial Aquarium. §§ 76100-76103 Chapter 77. Special Projects and Activities of the Guam Economic Development Authority. Article 1. Article 2. Article 3. Article 4. Article 5. Article 6. Article 7. Article 8. Article 9. Administrative Provisions. §§ 77101-77102 Guam Raceway Park. §§ 77201-77203 Soccer Stadium Financing. §§ 77301-77310 Tax Credits for Contributors to Public School Sports Facilities. §§ 77401-77407 Tax Credits for Contributors to the University of Guam Sports Complex. §§ 77501-77507 Tax Credits for the Tiyan Gymnasium. §§ 77601-77610 Tax Credits for the Harmon Industrial Park Roadway Rehabilitation and Improvement Project. §§ 77701-77710 Guam Multi-Purpose Community Stadium Complex Commission. §§ 77801-77810 Espetåt-ta. Lina’lå-ta.-Our Hospital. Our Life. Planning Task Force Act of 2019. §§ 77901-77908. Article 10 . Tax Credits for Guam’s Participation in the 2019-2021 FIBA Asia Cup Competitions. §§ 771001-771007 Article 11. Tax Credits for the Guam Memorial Hospital Authority §§ 771101-771107 Article 12. Tax Credits to Repair and Rehabilitate he Southern COL11/29/2022 High School Auditorium §§ 771201-771209 Chapter 78. Chapter 79. Reuse Planning and Redevelopment of Former Military Bases. §§ 78101-7811 Consolidated Commission on Utilities. §§ 79100-79108 Chapter 80. Commuter Air Services Development. §§ 80101-80108 Chapter 81. GEDCA Tobacco Settlement Revenue Bond Act. §§ 81101-81115 COL11/29/2022 Chapter 82. Guam Streetlight Authority. §§ 82101-82108 Chapter 83. The Guam Twenty-First (21st) Century Healthcare Center Act of 2021. §§ 83101-82115 12 GCA AUTONOMOUS AGENCIES CH. 1 ANTONIO B. WON PAT INTERNATIONAL AIRPORT AUTHORITY, GUAM CHAPTER 1 ANTONIO B. WON PAT INTERNATIONAL AIRPORT AUTHORITY, GUAM 2022 NOTE: Chapter renamed “Antonio B. Won Pat International Airport Authority, Guam” pursuant to 12 GCA § 1102 (a). Article 1. Article 2. Article 3. Article 4. General Provisions. Issuance of General and Special Revenue Bonds. Aircraft Rescue and Fire Fighting Unit. “Made in Guam” Incubator Program. ARTICLE 1 GENERAL PROVISIONS § 1101. § 1102. § 1103. § 1104. § 1105. § 1106. § 1107. § 1108. § 1109. § 1110. § 1111. § 1112. § 1112.1. § 1112.2. § 1112.3. § 1113. § 1114. Title. Creation. Definitions. Purpose. Powers. Board of Directors. Executive Manager. Treasurer, Comptroller, Attorney. Tax Exemption. Expenditures, Contracts, Bids. [Repealed] Accounting, Required Reporting, Antonio B. Won Pat International Airport Authority, Guam Fund. Personnel. Airport Police. Training of Officers. Civilian Volunteer Airport Police Reserve. Liability Limitations. Penalties. § 1101. Title. This Chapter shall be hereby cited as the “Antonio B. Won Pat International Airport Authority Act.” SOURCE: GC § 62000, as enacted by P.L. 13-057. Amended by P.L. 23069:1 (Feb. 27, 1996) and by P.L. 26-093:1 (May 31, 2002). 1 COL11/29/2022 12 GCA AUTONOMOUS AGENCIES CH. 1 ANTONIO B. WON PAT INTERNATIONAL AIRPORT AUTHORITY, GUAM 2022 NOTE: Past publications included annotations regarding changes to the name of the airport facility: P.L. 26-093:3 (May 31, 2002) (“Any and all references to the A. B. Won Pat Guam International Airport in the laws of Guam are hereby amended to read the “Antonio B. Won Pat International Airport, Guam”); and 1 GCA § 828 (changing the name of the Guam International Air Terminal to the Antonio B. Won Pat Guam International Air Terminal). § 1102. Creation. (a) There is within, a public corporation and an autonomous instrumentality of, the government of Guam called the Antonio B. Won Pat International Airport Authority, Guam, to be further identified as the Won Pat International Airport Authority, Guam. (b) Any and all references to the A. B. Won Pat Guam International Airport in the laws of Guam are hereby amended to read the “Antonio B. Won Pat International Airport, Guam,” or the “Won Pat International Airport, Guam. SOURCE: GC § 62001, as enacted by P.L. 13-057. Codified by the Compiler at 12 GCA § 1102. Amended by P.L. 23-069:1 (Feb. 27, 1996) and P.L. 26-093:2 (May 31, 2002). 2022 NOTE: Subsection (b) added as uncodified law by P.L. 26-093:3 (May 31, 2002); codified herein pursuant to 1 GCA § 1606. The name of the air terminal is also addressed in 1 GCA § 828, which states: (a) The Guam International Air Terminal shall hereafter be known as the Antonio B. Won Pat Guam International Air Terminal. (b) Any provision in the laws of Guam referring to the Guam International Air Terminal is hereby amended to read the Antonio B. Won Pat Guam International Air Terminal. References to the authority and the airport throughout the Guam Code Annotated have been altered to adhere to these statutory mandates. 2013 NOTE: Subsection designations were added to adhere to the Compiler’s alpha-numeric scheme in accordance to the authority granted by 1 GCA § 1606. § 1103. Definitions. As used in this Article and Article 2, unless otherwise indicated: (a) Authority means the Antonio B. Won Pat International Airport Authority, Guam. 2 COL11/29/2022 12 GCA AUTONOMOUS AGENCIES CH. 1 ANTONIO B. WON PAT INTERNATIONAL AIRPORT AUTHORITY, GUAM (b) Board means the Board of Directors of the Authority. (c) Director means a member of the Board. (d) Executive Manager means the person employed by the Board to supervise the administration of the Authority. SOURCE: GC § 62002, as enacted by P.L. 13-057. 2022 NOTE: Reference to the “Guam Airport Authority” replaced with “Antonio B. Won Pat International Airport Authority, Guam” pursuant to 12 GCA § 1102 (a). § 1104. Purpose. The purpose of the Authority is to acquire, construct, reconstruct, purchase, extend, improve, better, operate and maintain airports and related facilities for civil aviation purposes on Guam. SOURCE: GC § 62003, as enacted by P.L. 13-057. § 1105. Powers. The Authority shall have and exercise each and all of the following powers: (a) Acquire, construct, reconstruct, purchase, better, extend, improve, operate and maintain airports and related facilities owned or used by Guam for civil aviation purposes. (b) Acquire by grant, purchase, gift, devise, lease, permit, right of entry or by the exercise of the right of eminent domain in accordance with the provisions and subject to the limitations of laws of Guam including 5 GCA Chapter 5 [Procurement Law], and hold and use any real and personal property necessary, convenient or useful for the carrying out of any of its powers pursuant to the provisions of this Chapter, and to dispose of the same. (c) To construct, operate and maintain runways, taxiways and related airport facilities on property owned by the United States and used by Guam pursuant to agreement with the United States. 3 COL11/29/2022 12 GCA AUTONOMOUS AGENCIES CH. 1 ANTONIO B. WON PAT INTERNATIONAL AIRPORT AUTHORITY, GUAM (d) To assume the benefits and obligations of Guam under that certain Joint Use Agreement executed between Guam and the United States on July 19, 1974, and to assume or enter into agreements executed pursuant to said Joint Use Agreement, all the above being performed as an instrumentality of the government of Guam. (e) To impose, prescribe, revise and collect fees, rates, rentals, landing fees and charges for the use and services of, and the facilities and commodities furnished by the airports operated by the Authority and to charge and collect any fees permitted by the Joint Use Agreement, and to pay charges and costs imposed by said Agreement upon Guam. (f) To acquire from the United States, under any appropriate federal statute, lands made available for airport purposes to Guam and to comply with the conditions established by the United States as necessary for the acquisition of such lands. (g) To apply for, receive and use, all according to the terms thereof, grants-in-aid, or grants-in-kind from the United States for use by the Authority for airport purposes. (h) To make and enter into contracts, leases, concession agreements and permits and to execute all instruments necessary or convenient in the exercise of its powers, including without limitation, the purchase of liability and casualty insurance for airport purposes, adopt a seal and sue or be sued in its own corporate name. (i) To, at any time and from time to time, issue general or special revenue bonds pursuant to Article 2 of this Chapter. (j) To enter into leases with the government of Guam or with the United States, provided that no such lease shall exceed forty (40) years in duration. (k) To employ agents and retain or contract for the services of qualified consultants, specialists or experts, as individuals or as organizations, to advise and assist the Authority and its employees, all of which may be 4 COL11/29/2022 12 GCA AUTONOMOUS AGENCIES CH. 1 ANTONIO B. WON PAT INTERNATIONAL AIRPORT AUTHORITY, GUAM accomplished without regard to the portion of the Personnel Laws relative to compensation. (1) To adopt such rules and regulations, pursuant to the Administrative Adjudication Act, as may be necessary for the exercise of powers and performance of the duties conferred or imposed upon the Authority or the Board. (m) To do any and all other things necessary to the full and convenient exercise of the above powers. Nothing contained in this Section, or by implication in this Chapter shall be construed to be in any way in derogation or limitation of powers conferred upon or existing in the Authority or in the Board by virtue of the Organic Act, the laws of Guam or the Government Code. SOURCE: GC § 62004, as enacted by P.L. 13-057; Subsection (b) amended by P.L. 16-124. § 1106. Board of Directors. (a) All powers vested in the Authority, except as provided herein, shall be exercised by the Board, which shall consist of seven (7) members, called directors, who shall be nominated and appointed by the Governor, by and with the advice and consent of the Legislature. Each director shall serve a term of three (3) years from the expiration of the term for which such director’s predecessor was appointed, and until a successor is appointed and qualified, or in the case of a director appointed to a newly created membership in the Board, such director shall serve a term of three (3) years from the date of initial appointment, and until a successor is appointed and qualified. All vacancies occurring in the office of director shall be filled by the Governor in the same manner as for full-term appointments, but only for the unexpired term of the director whose vacancy is being filled. (b) Four (4) directors shall constitute a quorum of the Board for the transaction of business. The Board may adopt rules and regulations governing the conduct of its affairs. It shall elect a chairman and a vice-chairman from among its members. It shall appoint a secretary who shall not be a member of the Board and who shall maintain all records and minutes of the Board. 5 COL11/29/2022 12 GCA AUTONOMOUS AGENCIES CH. 1 ANTONIO B. WON PAT INTERNATIONAL AIRPORT AUTHORITY, GUAM (c) Each Director shall receive the sum of Fifty Dollars ($50.00) for his attendance at any meeting of the Board, but such compensation shall not apply to more than two meetings in any one calendar month. No Director shall receive any other compensation, but shall be reimbursed for actual travel, subsistence and out-of-pocket expenses incurred in the discharge of his responsibilities, including authorized attendance at meetings held away from Guam. SOURCE: GC § 62005, as enacted by P.L. 13-057; Subsections (a) & (b) were repealed and reenacted by P.L. 21-006:1. § 1107. Executive Manager. (a) The Board shall appoint an Executive Manager, who shall be its chief executive officer. The Executive Manager shall serve at the pleasure of the Board, which shall fix his compensation. The Executive Manager shall have full charge and control of the operations and maintenance of the airports controlled by the Authority, and of the construction of any airports, facilities, runways, taxiways and other necessary works controlled by, or required to be constructed or repaired by the Authority. (b) The powers of the Executive Manager include: (1) To see that all rules and regulations of the Authority are enforced. (2) To attend, unless excused by the Board, all meetings of the Board and to submit reports on the affairs of the Authority as required by the Board. (3) To keep the Board advised on the needs of the Authority and to approve demands for payment of obligations within the purposes and amounts authorized by the Board. (4) To prepare or cause to be prepared all plans and specifications for the construction and repair of works and facilities operated by the Authority. (5) To devote his entire time to the business of the Authority, to select and appoint the employees of the Authority, except as otherwise provided in this Chapter, and to plan, organize, coordinate and control the services of such 6 COL11/29/2022 12 GCA AUTONOMOUS AGENCIES CH. 1 ANTONIO B. WON PAT INTERNATIONAL AIRPORT AUTHORITY, GUAM employees in the exercise of the powers of the Authority under the general direction of the Board. (6) To cause to be published within one hundred twenty (120) days from the end of each fiscal year a financial statement showing the results of operations for the preceding fiscal year and the financial status of the Authority on the last day thereof. The publication shall be made in the manner provided by the Board. (7) To perform such other and additional duties as the Board may require. SOURCE: GC § 62006, as enacted by P.L. 13-057. § 1108. Treasurer, Comptroller, Attorney. (a) The Board may also appoint a treasurer, a comptroller and an attorney, all of whom shall serve at the pleasure of the Board. Their duties and compensation shall be fixed by the Board. Compensation for the comptroller shall not be limited by Title 4 GCA § 6103 or other laws which may conflict herewith. The Board may appoint one (1) assistant to any such office. Any of the said offices may be consolidated into one (1) person. (b) The Treasurer shall have custody of all monies of the Authority, and shall pay out such money only in accordance with the directions of the Board or as provided by Article 2 of this Chapter. The Board shall, however, appoint the Administrator of the Guam Economic Development and Commerce Authority or any agent designated by him as its trustee for the payment of bonds issued by it and for any related purposes as the Board may provide. (c) The Attorney, who must have been admitted to the practice of law in Guam, shall advise the Board and the Executive Director on all legal matters to which the Authority is a party or in which the Authority is legally interested, and may represent the Authority in connection with legal matters before the Legislature, boards and other agencies of Guam or of the United States. The Attorney for the Authority shall represent the Authority in litigation concerning the affairs of the Authority. 7 COL11/29/2022 12 GCA AUTONOMOUS AGENCIES CH. 1 ANTONIO B. WON PAT INTERNATIONAL AIRPORT AUTHORITY, GUAM SOURCE: GC § 62007, as enacted by P.L. 13-057. Subsections (a) and (b) amended by P.L. 28-161:1 and 2 (Jan. 4, 2007). 2022 NOTE: Reference to “Territory” replaced with “Guam” pursuant to 1 GCA § 420. § 1109. Tax Exemption. As an instrumentality of the government of Guam, the Authority and all property acquired by or for it and all revenues and income therefrom are exempt from taxation by the government of Guam or by any political subdivision or public corporation thereof and from all taxes imposed under the authority of the Legislature, or with respect to which the Legislature is authorized to grant exemption. SOURCE: GC § 62008, as enacted by P.L. 13-057. § 1110. Expenditures, Contracts, Bids. [Repealed.] SOURCE: GC § 62009. Repealed by P.L. 16-124:17 (Dec. 30, 1982). § 1111. Accounting, Required Reporting, Antonio B. Won Pat International Airport Authority, Guam Fund. (a) The Board shall adopt and maintain a system of accounting which is in accordance with generally accepted accounting principles applicable to airports. (b) The Board shall employ a firm of independent certified public accountants who shall examine and report to the Board, at least annually, upon the status of the financial records and accounts maintained by the Authority. Copies of any such reports shall be furnished to the Governor and to the Legislature. (c) The Board shall report to the Governor and to the Legislature concerning the administration of the affairs of the Authority. It shall present an annual report within one hundred twenty (120) days after the end of each fiscal year and, if requested by the Governor or the Legislature, shall present special reports within thirty (30) days after the end of each intervening quarter. The financial information presented in such reports shall be in accordance with the system of accounts adopted by the Board. 8 COL11/29/2022 12 GCA AUTONOMOUS AGENCIES CH. 1 ANTONIO B. WON PAT INTERNATIONAL AIRPORT AUTHORITY, GUAM (d) There is established a fund to be known as the “Antonio B. Won Pat International Airport Authority, Guam Fund” which the Authority shall maintain separate and apart from other funds of the government of Guam, and independent records and accounts shall be maintained in connection therewith. (e) All monies received by the Authority from whatever source derived shall be deposited in said Fund, or in such funds as may be established pursuant to Article 2 of this Chapter, in eligible banks as defined in § 21112 of 5 GCA. (f) All expenditures, except as otherwise provided by law, shall be made from said Antonio B. Won Pat International Airport Authority, Guam Fund. SOURCE: GC § 62010, as enacted by P.L. 13-057. 2022 NOTE: Reference to the “Guam Airport Authority” replaced with “Antonio B. Won Pat International Airport Authority, Guam” pursuant to 12 GCA § 1102 (a). NOTE: Pursuant to the authority granted by 1 GCA § 1606, the statute reference to the Government Code in subsection (e) was altered to the Guam Code Annotated. § 1112. Personnel. (a) The Board, pursuant to 4 GCA §§ 4105 and 4106, shall establish rules and regulations governing the selection, promotion, performance evaluation, demotion, suspension, dismissal and other disciplinary action for employees of the Authority. (b) The Executive Manager, the Treasurer, Comptroller and Attorney of the Authority are not classified employees. No person employed by the Authority on a limited term contract shall be a classified employee. All other employees of the Authority are classified employees. (c) Each employee of the Authority shall be eligible to become a member of the Government of Guam Retirement Fund pursuant to 4 GCA § 8105(d). (d) Each employee of the Authority shall be eligible to participate in any government of Guam health and life insurance plan. 9 COL11/29/2022 12 GCA AUTONOMOUS AGENCIES CH. 1 ANTONIO B. WON PAT INTERNATIONAL AIRPORT AUTHORITY, GUAM (e) Each employee of the Authority shall accumulate leave time in accordance with the provisions of the government of Guam Personnel Rules and Regulations. (f) The employer’s contribution to the Government of Guam Retirement Fund that is assessed by the Fund’s Board of Trustees for the benefit of Authority employees who are members of the Fund shall be paid by the Authority. (g) The employer’s contribution to the Workmen’s Compensation Fund that is assessed by the Workmen’s Compensation Commission for the benefit of Authority employees shall be paid by the Authority. (h) Aviation-related Positions Unique to Airport Operations and Certified, Technical and Professional Positions. (1) Notwithstanding the provisions of Title 4 Guam Code Annotated, § 6103 or other law in conflict with this provision, the Board shall adopt rules and regulations governing selection, compensation, promotion, performance evaluations, disciplinary action and other terms and conditions of employment of personnel occupying aviation– related positions unique to Airport operations and certified technical and professional positions, subject to the provisions of the Administrative Adjudication Act. (2) Such rules and regulations shall provide for the employment and retention of persons on the basis of merit and shall include an orderly and systematic method of recruitment and the establishment of a list of qualified applicants. (3) Aviation–related positions unique to Airport operations and certified, technical and professional positions are defined as and may include, but are not limited to: (A) positions whose qualifications requirements mandate certification and/or licensing requirements, e.g., equipment operators, ramp controllers, etc.; (B) Positions with multi-skill qualification requirements, e.g., preventive maintenance mechanics, specialty equipment mechanics, etc.; 10 COL11/29/2022 12 GCA AUTONOMOUS AGENCIES CH. 1 ANTONIO B. WON PAT INTERNATIONAL AIRPORT AUTHORITY, GUAM (C) positions with specific aviation–related knowledge and skills, e.g., tariff technicians, airport concession agreements, use of airport facilities / property, expertise in federal grant administration, etc.; and (D) other similar technical and professional positions which, by nature of airport operations, are unique and critical to the Airport’s needs and no other government entity which is not a port of entry, including, but not limited to, those jobs listed herein. (4) Compensation for all other positions shall remain consistent with compensation plans and pay scales as determined by law. SOURCE: GC § 62011, as added by P.L. 13-057; Subsection (a) amended by P.L. 16-023. Subsection (h) added by P.L. 29-024:3 (Oct. 24, 2007). § 1112.1. Airport Police. (a) Purposes and Policies. The Underlying purposes and policies of this Act are to acknowledge that the Antonio B. Won Pat International Airport Authority, Guam has the duty to operate and maintain the Guam International Air Terminal and related facilities for civil aviation purposes on Guam and that Airport Police is necessary to provide for the orderly and efficient protection of persons and property and for the enforcement of the laws of Guam and rules and regulations adopted pursuant to this Act. (b) There is hereby established, under the direction of the Antonio B. Won Pat International Airport Authority, Guam Airport Police, which shall be responsible for the protection of persons and property at the Antonio B. Won Pat Guam International Air Terminal and all related facilities, and which shall coordinate its activities with the Guam Police Department. The Board of Directors, pursuant to the Administrative Adjudication Act, shall adopt reasonable rules and regulations regarding security at the Antonio B. Won Pat Guam International Air Terminal to promote the purposes of this Act and rules and regulations regarding personnel, which shall be in accordance 11 COL11/29/2022 12 GCA AUTONOMOUS AGENCIES CH. 1 ANTONIO B. WON PAT INTERNATIONAL AIRPORT AUTHORITY, GUAM with provisions of Title 4 GCA. Any violation of the rules and regulations regarding security shall be a misdemeanor. Notwithstanding any law, rules or regulations to the contrary, members of the Airport Police while on the premises and acting within their official capacity, shall have powers of peace officers, including, but not limited to, the power to arrest, the power to enforce the Airport rules and regulations, the Security Program as required and approved by the Federal Aviation Administration and the Vehicle Code of Guam. SOURCE: Added by P.L. 17-073. Amended by P.L. 23-050:2. 2022 NOTE: References to the “Guam Airport Authority” replaced with “Antonio B. Won Pat International Airport Authority, Guam” pursuant to 12 GCA § 1102 (a). References to the “Guam International Air Terminal” replaced with “Antonio B. Won Pat Guam International Air Terminal” pursuant to 1 GCA § 828. § 1112.2. Training of Officers. All Airport Security officers shall be required to complete training with a minimum of at least 120 hours on the laws of arrest, searches and seizures, the Motor Vehicle Code of Guam, the Criminal and Correctional Code, the use and handling of firearms and such training standards as required to effectively carry out their duties and responsibilities as peace officers. Such training shall be conducted by the Guam Community College applying the standards used in the training of the police officers for the Department of Public Safety. SOURCE: Added by P.L. 17-073. § 1112.3. Civilian Volunteer Airport Police Reserve. There is hereby created within the Airport Police the Civilian Volunteer Airport Police Reserve, which shall be headed by the Chief of Airport Police, hereinafter referred to as the Chief. The Chief, subject to the advice and control of the Airport Executive Manager, shall be responsible for carrying out the purpose of this Chapter, and shall have such additional duties and responsibilities as are authorized herein, or as may be prescribed by the Board of Directors. (a) Functions and Duties. The general functions and duties of the Civilian Volunteer Airport Police Reserve shall 12 COL11/29/2022 12 GCA AUTONOMOUS AGENCIES CH. 1 ANTONIO B. WON PAT INTERNATIONAL AIRPORT AUTHORITY, GUAM be to provide backup manpower for the suppression of crime, preservation of law and order, and to assist in emergencies. The Chief, with the concurrence of the Executive Manager, shall formulate a program whereby the Civilian Volunteer Airport Police Reserve shall adhere to the functions and duties herein prescribed. From time to time, the Chief shall review and revise the functions and duties of the Civilian Volunteer Airport Police Reserve to insure an amicable discharge of responsibilities and duties, recognizing the fact that their roles are the extension of the duties of the regular Airport Police personnel. (b) Recruitment. The Chief of the Airport Police shall recruit, on an entirely voluntary basis, local residents who desire to make available their services to assist the Antonio B. Won Pat International Airport Authority, Guam emergency functions. The Chief of Airport Police shall further promulgate rules and regulations regarding the age, health and other requirements for recruitment purposes, in concurrence with the Executive Manager. (c) Training, Equipping and Maintenance of Records. The Chief of Airport Police shall devise a program whereby the police divisions of the Airport will provide the members of the Civilian Volunteer Airport Police Reserve training in crime prevention control, and operational techniques and procedures for natural and man-made emergencies. The Civilian Volunteer Airport Police Reserve shall maintain a roster of volunteers who have received the training, and no volunteer may remain in the Reserve if he or she is unable to keep up with or otherwise absorb the training. Additionally, basic supplies and equipment shall be provided by the Airport to assure the constant operability of the Civilian Volunteer Airport Police Reserve, including a continuing program for replacement. (d) Volunteer: Authority. Whenever the police unit of the Civilian Volunteer Airport Police Reserve, and the members thereof are rendering assistance to the police or firemen, as the case may be, such volunteers shall have the same powers, duties, rights (including coverage under the 13 COL11/29/2022 12 GCA AUTONOMOUS AGENCIES CH. 1 ANTONIO B. WON PAT INTERNATIONAL AIRPORT AUTHORITY, GUAM Worker’s Compensation Act), privileges and immunities as if they were paid, full-time members of the Airport, except that they shall earn recruitment credit for services performed as volunteers. (e) Same: Allowance. Each member of the Civilian Volunteer Airport Police Reserve who successfully completes probationary requirements as established by the Chief of Airport Police, and who contributes a minimum of forty-two (42) hours or more per month, shall receive an allowance of Five Hundred Dollars ($500) per month, to defray the cost of maintenance of their equipment and uniforms. The Airport shall identify funds for appropriation to satisfy the intent of this Section. (f) Same: Eligibility and Oath. No person shall be a volunteer member of the Civilian Volunteer Airport Police Reserve established under this Chapter who advocates a change by force or violence in the constitutional form of the Government of the United States or in Guam or the overthrow of any government in the United States by force, or who has been convicted of or is under indictment or information charging any subversive act against the United States. Every volunteer shall, entering upon his duties, take an oath, in writing, before a person authorized to administer oaths in Guam, which oath shall be substantially as follows: “I _____________________, do solemnly swear (or affirm) that I will support and defend the Constitution of the United States and the laws of Guam, against all enemies, foreign or domestic; that I will bear true faith and allegiance to the same; that I take this obligation freely, without any mental reservation or purpose of evasion; and that I will well and faithfully discharge the duties upon which I am about to enter and I do further swear (or affirm) that I do not advocate, nor am I a member of any political party or organization that advocates the overthrow of the Government of the United States or of Guam by force or violence; and that during such time as I am a member of the Civilian 14 COL11/29/2022 12 GCA AUTONOMOUS AGENCIES CH. 1 ANTONIO B. WON PAT INTERNATIONAL AIRPORT AUTHORITY, GUAM Volunteer Airport Police Reserve I will not advocate nor become a member of any political party or organization that advocates the overthrow of the Government of the United States or of Guam by force or violence.” (g) Rules and Regulations: Recommendations. The Chief of Airport Police is authorized and empowered to recommend to the Executive Manager for issuance as Airport orders the making, amendment and recession of such orders, rules and regulations as may be necessary to carry out the provisions of this Chapter. SOURCE: Added by P.L. 30-130:2 (Apr. 2, 2010). amended by P.L. 36-054:XII:37 (Sept. 11, 2021). Subsection (e) 2022 NOTE: References to “Territory” removed and/or replaced with “Guam” pursuant to 1 GCA § 420. References to the “Guam Airport Authority” replaced with “Antonio B. Won Pat International Airport Authority, Guam” pursuant to 12 GCA § 1102 (a). § 1113. Liability Limitations. (a) To the extent that any liability of the government of Guam or of the Authority is covered by a policy or policies of insurance, the Government waives the limitation of liability found in 5 GCA §6301; provided, that the Government shall not be liable in damages for tort in any amount which exceeds the coverage of insurance and the limitation of liability contained in §6500.13 of the Government Code. (b) All claims made against any policy of insurance purchased by the Authority shall be made in accordance with the procedures and time limitations set forth in the Government Claims Act, except that all claims not in excess of the face amount of the policy shall be presented to the Executive Manager of the Authority, who shall present the same to the insurance carrier, carriers or to their designated agents for processing. (c) If a claim is in excess of the applicable insurance coverage, then the Executive Manager of the Authority shall also present a copy of the claim to the Attorney General, who shall then coordinate the claim as between the Government and the 15 COL11/29/2022 12 GCA AUTONOMOUS AGENCIES CH. 1 ANTONIO B. WON PAT INTERNATIONAL AIRPORT AUTHORITY, GUAM insurance carriers, and who shall represent the Government in the event of a dispute between the Government and the insurance carriers. In the event of said dispute, the Attorney for the Authority shall represent the interests of the Authority. (d) Each policy of insurance written covering the Authority or its interest shall contain a clause waiving any defense of sovereign immunity which may be raised against the payment of the claim by the carrier. (e) The Executive Manager shall publish, in a newspaper of general circulation in Guam, within ten (10) days after the effective date of any policy of insurance purchased, a statement indicating the existence of any such policy and a notice informing the public where claims may be filed. SOURCE: GC § 62012, as enacted by P.L. 13-057. § 1114. Penalties. (a) Any person who violates any provision of this Article, or any valid rule or regulation promulgated under this Article, or any valid Executive Order issued with respect to the operations of the Authority, or who refuses or neglects to comply with any lawful order given order by the Executive Manager or his delegate concerning the operation of the airports under the control of the Authority is guilty of a petty misdemeanor. (b) (1) Any person who violates any provision of this Article, or any rule, regulation or order issued thereunder, any Executive Order issued with respect to the operation of airports operated by the Authority, or any rule, regulation or order issued thereunder, or any term, condition or limitation of any permit, certificate or operating authority issued by the Authority shall be subject to a civil penalty of not to exceed One Thousand Dollars ($1,000.00) for each violation. If such violation is a continuing one, each day such violation continues shall constitute a separate offense; provided, that this Subsection shall not apply to officers or employees of the United States or of Guam while the same are engaged in official duties. 16 COL11/29/2022 12 GCA AUTONOMOUS AGENCIES CH. 1 ANTONIO B. WON PAT INTERNATIONAL AIRPORT AUTHORITY, GUAM (2) Any civil penalty may be compromised by the Executive Manager, with the written concurrence of the Board. The amount of such penalty, when finally determined, or the amount agreed upon in compromise, may be deducted from any sums owed by the Authority to the person(s) charged. (3) In case an aircraft is involved in a violation and the violation is by the owner or person in command of the aircraft, then liability for such penalty shall devolve upon the person, corporation or other entity which has assumed responsibility for the aircraft while the same is at any airport operated by the Authority. (4) Any person assessed a civil penalty may contest the same. If, for any reason, the person or entity assessed fails to pay upon demand of the Executive Manager, the civil penalty may be collected by the Authority through proceedings in the Superior Court of Guam against the person or entity, brought by the Attorney for the Authority. (c) (1) The Board shall establish rules and regulations governing the assessment of civil penalties. (2) Said Rules and Regulations shall provide for a reasonable time, not less than ten (10) days, during which the person, corporation or other entity assessed may answer the assessment by denying liability, by offering a compromise to the Executive Manager, or by paying the assessment; and for due notice to the person, corporation or other entity assessed of the nature of the violation committed. (3) Said Rules and Regulations shall also provide notice that failure to pay the final civil penalty assessed by the time set in the rules and regulations may result in collection of said penalty through the Superior Court. (d) Any penalty imposed by Subsection (a) of this Section shall be in addition to, and not in lieu of any civil penalty imposed by Subsection (b) of this Section; provided, that no civil penalty shall be assessed if a conviction under this Section has been obtained or a criminal proceeding is pending for the same violation. 17 COL11/29/2022 12 GCA AUTONOMOUS AGENCIES CH. 1 ANTONIO B. WON PAT INTERNATIONAL AIRPORT AUTHORITY, GUAM SOURCE: GC § 62013, as added by P.L. 13-057; Subsection (a) amended by P.L. 13-187. ---------ARTICLE 2 ISSUANCE OF GENERAL AND SPECIAL REVENUE BONDS § 1201. § 1202. § 1203. § 1203.1. § 1204. § 1205. § 1206. § 1207. § 1208. § 1209. § 1210. § 1211. § 1212. § 1213. § 1214. § 1215. § 1216. § 1217. § 1218. § 1219. § 1220. § 1221. § 1222. § 1223. § 1224. § 1225. § 1226. Definitions. Statement of Policy. Authority, Additional Powers. Agreements Between GAA and Concessions, other Businesses, and Service Providers; Agreements Between GAA and Airlines. Specific Authorization for Issuance of Bonds. Construction Fund, Creation. Antonio B. Won Pat International Airport Authority, Guam Revenue Fund, Creation. Revenue Bond Redemption Fund, Establishment. Bond Resolution, Adoption of; Concurrence Required; Contents of. Bond Covenants; Actions to Enforce. Bond Resolution, Adoption of; Concurrence Required; Contents. Bond Covenants; Actions to Enforce. Bonds: Execution of; Validity of; Presumed Regular. Same: Equality. Same: Source of Payment of; Not Full Faith and Credit Instruments. Authority to be Self-sustaining. Refunding Bonds. Director of Administration as Trustee. Negotiability of Bonds. Temporary Bonds Authorized. Replacement Bonds Authorized. Bonds: Tax Exempt. Bonds as Legal Investments. Repayment Responsibility of Government. Other Indebtedness Authorized. Construction of Article. Pledge and Agreement by Government. 18 COL11/29/2022 12 GCA AUTONOMOUS AGENCIES CH. 1 ANTONIO B. WON PAT INTERNATIONAL AIRPORT AUTHORITY, GUAM § 1201. Definitions. (a) Airport purposes means any use which involves the operation of a facility: (1) by the Authority to support or protect the activities of an airport as an air transportation facility, including activities such as the processing of aircraft, passengers, freight, and ground transport vehicles in an efficient and safe manner; (2) by others to provide services that improve the overall effectiveness of an airport as an air transportation facility; and (3) which is dependent upon the proximity to an airport for its effective performance. (b) Airports means the Antonio B. Won Pat Guam International Air Terminal, together with all related facilities owned or operated by the Antonio B. Won Pat International Airport Authority, Guam together with any other airports hereafter owned or operated for civil aviation purposes by the Authority, whether as a replacement for the existing Antonio B. Won Pat Guam International Air Terminal, or otherwise, together with all related facilities, including all betterments, extensions or improvements thereon. (c) Authority means the Antonio B. Won Pat International Airport Authority, Guam or a successor to the rights, powers, functions and duties, with respect to the management, administration and control of the airports which are now or hereafter vested in the Authority. (d) Board means the Board of Directors of the Authority. (e) Bond means a Antonio B. Won Pat International Airport Authority, Guam revenue bond, general or special, authorized to be issued by this Article. (f) Bondholder means a holder or registered owner of any bonds. (g) Bond redemption fund means the Guam Airport Authority bond redemption fund created by this Article, including 19 COL11/29/2022 12 GCA AUTONOMOUS AGENCIES CH. 1 ANTONIO B. WON PAT INTERNATIONAL AIRPORT AUTHORITY, GUAM any accounts which are created in that fund after the effective date of this Article. (h) Bond resolution means the resolution or resolutions authorizing the issuance of the bonds as provided in this Article. (i) Construction fund means the Antonio B. Won Pat International Airport Authority, Guam construction fund created by this Article, including any account created therein. (j) Credit enhancement means insurance against loss due to default on bonds. (k) Director of Administration means the Director of Administration of the government of Guam. (l) General revenue bond means a bond, the repayment of which is assured by the dedication by the Authority of all or part of the revenue of the Authority except any revenue which may be obligated for the payment of a special revenue bond. (m) Government means the Government of Guam. (n) Revenue means all income, howsoever derived, received or collected from the rates, rentals, fees and charges prescribed for the use and services of, and the facilities and commodities furnished by, the Authority, including without limitation all income received from the imposition of any fee or impost for any use, benefit or privilege exercised at the airports by users, tenants, licenses or concessionaires thereof, but shall not include income derived from facilities financed from the proceeds of special revenue bonds except to the extent provided in the bond resolution authorizing the issuance of such special revenue bonds. (o) Revenue fund means the Antonio B. Won Pat International Airport Authority, Guam revenue fund created by this Article. (p) Special revenue bond means a bond, the repayment of which is assured by the dedication by the Authority of a particular source of revenue, which source shall be specified in the resolution authorizing the issuance of such bond. SOURCE: GC § 62100, as reenacted by P.L. 16-093. Amended by P.L. 21-135:4. 20 COL11/29/2022 12 GCA AUTONOMOUS AGENCIES CH. 1 ANTONIO B. WON PAT INTERNATIONAL AIRPORT AUTHORITY, GUAM 2022 NOTE: Reference to “Territory” removed pursuant to 1 GCA § 420. References to the “Guam Airport Authority” replaced with “Antonio B. Won Pat International Airport Authority, Guam” pursuant to 12 GCA § 1102 (a). § 1202. Statement of Policy. It is declared to be the policy of the government of Guam that the Authority, in acquiring, constructing, reconstructing, purchasing, bettering, extending or improving the airports pursuant to this Chapter, shall manage and operate the airports in the most efficient manner consistent with the protection of the bondholders. SOURCE: GC § 62101, as reenacted by P.L. 16-093. 2022 NOTE: Reference to “territory” removed pursuant to 1 GCA § 420. § 1203. Authority, Additional Powers. In addition to the powers that it may otherwise have, with respect to this Article, the Authority shall have the power to: (a) Sue and be sued in all actions and proceedings in all court and tribunals of competent jurisdiction. (b) Adopt a seal and alter it at its pleasure. (c) Provide, develop, expand and maintain airports and landing places for aircraft of any kind and the support facilities it determines to be incidental or necessary to the proper utilization of such airports and landing places. (d) Acquire by purchase, condemnation, donation, lease, or otherwise, real or personal property necessary to the full or convenient exercise of any of its powers of purposes. (e) Operate and maintain the airports, landing places and support facilities under its jurisdiction for public and private use. (f) Improve, construct or reconstruct, lease, furnish or refurnish, use, repair, maintain, control, sell or dispose of its property, including any buildings, structures, lighting equipment and all other equipment and facilities necessary therefor; and notwithstanding any other provision of law, make and enter into contracts, leases and permits for the use of airport facilities and properties for airport purposes, and 21 COL11/29/2022 12 GCA AUTONOMOUS AGENCIES CH. 1 ANTONIO B. WON PAT INTERNATIONAL AIRPORT AUTHORITY, GUAM visitor related activities, and make and enter into airline agreements, without prior approval of I Liheslaturan Guåhan, [Legislature] as long as these agreements are in conformity with the provisions of § 1203.1 of this Title. (g) Issue special revenue or general revenue bonds to finance in whole or in part the cost of acquisition, purchase, construction, reconstruction, improvement, betterment or extension of the airports. (h) Impose, prescribe and collect rates, rentals, fees and charges for the use and services of, and the facilities and commodities furnished by the Authority for public and private use. (i) Pledge for the punctual payment of the general revenue bonds and interest thereon all or part of the revenue of the airports (including improvements, betterments or extension thereto thereafter constructed or acquired), which shall be sufficient to pay the principal of and interest on such bonds as they shall become due and to create and maintain reasonable reserves to pay the principal thereof and interest thereon, and pledge for the punctual payment of special revenue bonds and interest thereon all or part of the income and receipts derived by the Authority from agreements relating to the loan of the proceeds of such bonds or the lease of facilities financed from the proceeds of such bonds and the rights and interest of the Authority in such agreement or lease, which shall be sufficient to pay the principal of and interest on such bonds as they shall become due and to create and maintain reasonable reserves to pay the principal thereof and the interest thereon. (j) Make and enter into agreements with one (1) or more banks or other credit enhancement providers for the issuance of letters of credit or such other banking or credit enhancement arrangements as the Authority deems necessary to improve the security and marketability of general revenue or special revenue bonds; provided, that the terms and provisions of any such letter of credit or other banking or credit enhancement arrangement shall be approved in the bond resolution; and provided, further, that the fees for any 22 COL11/29/2022 12 GCA AUTONOMOUS AGENCIES CH. 1 ANTONIO B. WON PAT INTERNATIONAL AIRPORT AUTHORITY, GUAM such letter of credit or other banking or credit enhancement arrangements may be included as a cost of issuance of such bonds. (k) enter into any contracts in connection with, or incidental to, the issuance of bonds, or the carrying of any investment or program of investment or entering into or maintaining any agreement which secures bonds, which the Authority determines to be necessary or appropriate to place the obligation or investment of the Authority, as represented by the bonds, investment, program of investment or agreement and the contract or contracts, in whole or in part, on the interest rate, currency, cash-flow, or other basis desired by the Authority in furtherance of the purposes of this Chapter, including, without limitation, contracts commonly known as interest rate swap agreements or contracts providing for payments based on levels of, or changes in, interest rates, or contracts to exchange cash flows or a series of payments, or contracts, including, without limitation, interest rate floors or caps, options, put or call to hedge payment, rate, spread, or similar exposure with the parties, selected by the means, and containing the payment, security, default, remedy, and other terms and conditions, determined by the Authority, after giving due consideration for the creditworthiness of the counter parties, where applicable, including any rating by a nationally recognized rating agency or any other criteria as may be appropriate; provided, that any amounts received by the Authority pursuant to any such contract shall constitute Revenues and that any obligation of the Authority under any such contract shall be payable solely from, and secured solely by a pledge of, Revenues; and provided further that for purposes of § 1206 of this Chapter, such obligations shall constitute costs relating to the ownership, use and operation of the Airport. Such contracts may include contracts pursuant to which the Authority receives an up-front payment in exchanges for which the Authority agrees to make payments based upon a fixed rate which is greater than the fixed rate that the counterparty to such agreement would require in order to agree to make payments based upon the variable rate to be 23 COL11/29/2022 12 GCA AUTONOMOUS AGENCIES CH. 1 ANTONIO B. WON PAT INTERNATIONAL AIRPORT AUTHORITY, GUAM used to calculate the payments of such counterparty pursuant to such agreement. SOURCE: GC § 62102, as reenacted by P.L. 16-093. Amended by P.L. 21-135:5. Subsection (f) amended by P.L. 25-139:2. Subsection (k) added by P.L. 25-127:2. Subsection (k) amended by P.L. 26-153:6. NOTE: P.L. 26-127 contains additional, uncodified conditions governing the issuance of the bonds authorized by this subsection. § 1203.1. Agreements Between ABWPGIAA and Concessions, Other Businesses and Service Providers; Agreements Between ABWPGIAA and Airlines. (a) Any agreement between the ABWPGIAA and any other party concerning the operation of a concession, other business or a service provider at ABWPGIAA shall conform to the following: (1) allow for an exclusive right to sell certain goods or provide certain services only after a competitive proposal procedure, according to the General Services Administration rules and regulations, and for a duration of no longer than five (5) years (Any exclusive right for a duration of longer than five (5) years shall be given by the ABWPGIAA to any party only upon subsequent approval by I Liheslaturan Guåhan by statute.); (2) criteria established for the operation of a concession, other business or service provider at the ABWPGIAA, which criteria shall be reviewed at a public hearing held within ninety (90) days of the effective date of this Section, and held in accordance with the Administrative Adjudication Law; (3) not be extended in duration or otherwise modified, unless the extension or other modification conforms to the requirements of this Section (Notwithstanding the forgoing sentence, the exclusive concessionaire agreement between the ABWPGIAA and DFS, in effect on the effective date of this Section, modified by a memorandum of understanding, shall be modified again, but not extended in duration of term, pursuant to the cooperative efforts of the parties to reach a mutual understanding in the best interests of the People of Guam.); and 24 COL11/29/2022 12 GCA AUTONOMOUS AGENCIES CH. 1 ANTONIO B. WON PAT INTERNATIONAL AIRPORT AUTHORITY, GUAM (4) in order to maximize local participation in concession businesses at the ABWPGIAA, the ABWPGIAA shall abide by the competitive bid process, to the extent consistent with good business practice, and make available the maximum number of opportunities for local businesses to provide concession goods and services at the ABWPGIAA. (b) Any agreement between ABWPGIAA and any airline offering service to Guam shall charge the airline using the ABWPGIAA air terminal facilities rates sufficient to cover the operating expenses of the air terminal and debt service coverage of the bonds authorized to be issued by this Section, and be in compliance with the requirement that no one (1) or more airlines shall be unreasonably discriminated against in comparison with any other airline in these charges. (c) Notwithstanding any other provision of law, the ABWPGIAA is authorized to enter into individual leases or agreements with those tenants currently operating food and beverage concessions at the ABWPGIAA as of February 28, 2001, for a period or term not to exceed two (2) years from January 1, 2002 under terms and conditions agreed upon between ABWPGIAA and the tenants; provided, however, this Section does not authorize an extension or renewal of any existing Master Food and Beverage Concession Agreement or lease. (d) Notwithstanding Subsection (a) of this Section, the ABWPGIAA is authorized to enter into an agreement to extend the current exclusive DFS Concession Agreement one (1) time only for a period or term not to exceed two (2) years from January 20, 2002. Any such agreement shall still be subject to approval by I Liheslaturan Guåhan, and shall provide that annual payment during the period of the extension shall be no less than the sum of Eight Million Dollars ($8,000,000), or twenty percent (20%) of gross sales at the ABWPGIAA, whichever is greater, and ten percent (10%) of gross sales at non-ABWPGIAA-owned facilities where passengers are checked in for outgoing airline flights from Guam. The extension of the DFS Concession Agreement shall be submitted to I Liheslaturan Guåhan [Guam Legislature] for approval no later than September 30, 2001. I Liheslaturan 25 COL11/29/2022 12 GCA AUTONOMOUS AGENCIES CH. 1 ANTONIO B. WON PAT INTERNATIONAL AIRPORT AUTHORITY, GUAM Guåhan [Guam Legislature] shall have forty-five (45) days upon receipt of the proposal to act on the approval or disapproval of the concessionaire agreement. Inaction by I Liheslaturan Guåhan [Guam Legislature] within the designated timeframe shall constitute approval. SOURCE: Added by P.L. 21-135:3. Amended by P.L. 24-255:2. Repealed/reenacted by P.L. 26-051:2. 2022 NOTE: According to P.L. 26-051:1 (Oct. 15, 2001), “ABWPGIAA” refers to the A.B. Won Pat Guam International Airport Authority. 2012 NOTE: In maintaining the general codification scheme of the GCA the Compiler changed the hierarchy of subsections beginning with “Lowercase Roman Numerals” to “Numbers” in subsection (a). § 1204. Specific Authorization for Issuance of Bonds. For the purpose of providing money to be used for the cost of the acquisition, purchase, construction, reconstruction, improvement, betterment or extension of the airports, the Board is authorized to issue and sell general revenue and special revenue bonds as hereinafter provided. The principal of and interest on the bonds shall be paid out of and secured by the revenue derived from the ownership, lease, use and operation of the airports and of all the facilities thereof as to the general revenue bonds, and from the sources specified in the bond resolution as to the special revenue bonds. The Board, in determining the foregoing cost, may include all costs and estimated costs of the issuance and sale of the bonds, all engineering, inspection, fiscal and legal expenses and interest which it is estimated will accrue during the construction period and for six (6) months thereafter on the bonds. SOURCE: GC § 62103, as reenacted by P.L. 16-093. § 1205. Construction Fund, Creation. (a) There is created a special fund of the Authority known as the Antonio B. Won Pat International Airport Authority, Guam Construction Fund, into which shall be paid the proceeds of the sale of the general revenue bonds except for the following: 26 COL11/29/2022 12 GCA AUTONOMOUS AGENCIES CH. 1 ANTONIO B. WON PAT INTERNATIONAL AIRPORT AUTHORITY, GUAM (1) Any accrued interest received, which shall be paid into the bond redemption fund established by § 1207 of this Article. (2) Proceeds of such bonds required to be deposited as reserves for such bonds by resolution. (3) Proceeds of any bonds issued to refund any outstanding bonds, which shall be applied as provided in the bond resolution authorizing the issuance of such refunding bonds. (b) The money in the Construction Fund shall be used to pay the costs of acquiring, constructing, reconstructing, purchasing, bettering, expanding, improving or maintaining the airports; and all costs incidental thereto, including the costs of the authorization, issuance and sale of the general revenue bonds. To the extent provided in the bond resolution, money in the Construction fund may also be used for the payment of interest on the general revenue bonds during the period of actual construction and such further period, not to exceed six (6) months, after the period of construction. When all costs required to be paid from the Construction Fund have been paid, or provision for the payment of such costs have been made, money remaining on deposit in the Construction Fund may be applied as provided in the bond resolution authorizing the issuance of such general revenue bonds. (c) The board may provide in the bond resolution that money in the construction Fund may be invested in any investment permitted by the bond resolution. The interest earned upon or any profits derived from the sale of this investment shall be deposited in and become a part of the Construction Fund. (d) The Board may provide in the bond resolution for the establishment of such accounts in the Construction Fund as are necessary SOURCE: GC § 62104, as reenacted by P.L. 16-093. Amended by P.L. 21-135:6. 2022 NOTE: Reference to the “Guam Airport Authority” replaced with “Antonio B. Won Pat International Airport Authority, Guam” pursuant to 12 GCA § 1102 (a). 27 COL11/29/2022 12 GCA AUTONOMOUS AGENCIES CH. 1 ANTONIO B. WON PAT INTERNATIONAL AIRPORT AUTHORITY, GUAM § 1206. Antonio B. Won Pat International Airport Authority, Guam Revenue Fund, Creation. (a) There is created a special fund of the Authority known as the Guam Airport Authority Revenue Fund, which shall be wholly segregated and set apart from all other funds of the Government. The Revenue Fund is and shall be a trust fund for the uses and purposes provided in this Article, and there shall be paid into the Revenue Fund all revenue derived by the Authority from the ownership, lease, use and operation of the airports, facilities and improvements thereof and facilities and improvements used in connection therewith. The money in the Revenue Fund shall be used only to pay or secure the payment of: (1) the principal of and interest on the general revenue bonds. (2) The normal and necessary costs of maintaining and operating the airports and all of the improvements and facilities thereof. (3) The costs of renewals, replacements and extraordinary repairs to the airports and all of the improvements and facilities of the airports. (4) Any other costs relating to the ownership, use and operation of the airports. (b) The Board may establish and use such other funds and accounts as are required to provide for the security of the general revenue bonds. (c) The Board may provide in the bond resolution that money in the Revenue Fund or any other fund or account authorized by the bond resolution may be invested in any investments permitted by the bond resolution. The interest earned upon or any profit derived from the sale of any such investment shall be deposited in and become a part of the Revenue Fund, or, if so provided in the bond resolution, in the Construction Fund. (d) The Board may establish and use such funds and accounts as are required to provide for the security of special revenue bonds, including reserves therefor. The Bond resolution may authorize that money in such funds or accounts may be invested 28 COL11/29/2022 12 GCA AUTONOMOUS AGENCIES CH. 1 ANTONIO B. WON PAT INTERNATIONAL AIRPORT AUTHORITY, GUAM in any investments permitted by the bond resolution. The interest earned upon or any profits derived from the sale of this investment shall be deposited in and become a part of such funds and accounts. SOURCE: GC § 62105, as reenacted by P.L. 16-093. Amended by P.L. 21-135:7. 2022 NOTE: Reference to the “Guam Airport Authority” replaced with “Antonio B. Won Pat International Airport Authority, Guam” pursuant to 12 GCA § 1102 (a). § 1207. Revenue Bond Redemption Fund, Establishment. (a) There is established a special fund of the Authority, to be known as the Antonio B. Won Pat International Airport Authority, Guam Bond Redemption Fund, which is a trust fund for paying and securing the payment of the principal of and interest on and redemption premiums, if any, on the general revenue bonds and which shall be at all times wholly segregated and set apart from all other funds of the Government. As may be provided by the Board in the bond resolution, there shall be set aside and paid into the Bond Redemption Fund an amount of money sufficient to pay the principal of and interest and redemption premiums, if any, on the general revenue bonds as such payments become due and, if so provided by the Board in the bond resolution, sufficient also to maintain reserves for this purpose. The Bond Redemption fund shall be drawn upon for the purposes of paying the principal of and interest and redemption premiums, if any, on the general revenue bonds, or for reimbursing any credit enhancement provider for any such payment. (b) In the event the Authority shall issue general revenue bonds which are payable junior and subordinate to outstanding general revenue bonds, the Board may provide in the bond resolution authorizing such junior and subordinate bonds for the creation and maintenance of such other funds and accounts as are required to provide for the security of such bonds SOURCE: GC § 62106, as reenacted by P.L. 16-093. Amended by P.L. 21-135:8. 2022 NOTE: Reference to the “Guam Airport Authority” replaced with “Antonio B. Won Pat International Airport Authority, Guam” pursuant to 12 GCA § 1102 (a). 29 COL11/29/2022 12 GCA AUTONOMOUS AGENCIES CH. 1 ANTONIO B. WON PAT INTERNATIONAL AIRPORT AUTHORITY, GUAM § 1208. Bond Resolution, Adoption; Concurrence Required; Contents of. (a) No general revenue bonds shall be issued unless authorized by the Board in a bond resolution adopted by it and unless the Legislature by statute approves the terms and conditions of the bonds. Such resolution shall take effect only upon its approval by the Governor in writing. (b) The Board shall specify in the bond resolution the denomination or denominations in which the bonds shall be issued, the interest rate or rates the bonds shall bear or the manner of determining such interest rate or rates and the frequency with which interest payments shall be made upon them. The Board may provide in the bond resolution or any subsequent bond resolution that the bonds may: (1) Bear the same or different dates. (2) Mature at such time or times not exceeding thirtyfive (35) years from their respective dates. (3) Be paid in certain mediums and at certain places. (4) Contain terms of redemption with such premiums as may be fixed (but no general revenue bond may be subject to redemption prior to its fixed maturity date unless such right of redemption is expressly set forth on the face of the general revenue bond). (5) Contain terms, covenants and conditions set by the Authority pursuant to § 1209 of this Article, and be in coupon or registered form. (c) The bond resolution or another resolution adopted by the Board may authorize the sale of the bonds at either public or private sale and at a price not less than such price as is set in the resolution authorizing the sale. If any general revenue bonds are to be sold at public sale, notice of sale with respect thereto shall be published at least once not less than five (5) days prior to the date of sale in a newspaper of general circulation in Guam and in a financial newspaper published in any of the cities of New York, Chicago, Illinois, or San Francisco, California. 30 COL11/29/2022 12 GCA AUTONOMOUS AGENCIES CH. 1 ANTONIO B. WON PAT INTERNATIONAL AIRPORT AUTHORITY, GUAM (d) Any provision authorized by this Article to be included in a bond resolution may be included in an indenture or trust agreement authorized by the bond resolution to be executed on behalf of the Authority and incorporated by reference in the bond resolution in substantially final form. SOURCE: GC § 62107, as reenacted by P.L. 16-093. Amended by P.L. 21-135:9. § 1209. Bond Covenants; Actions to Enforce. (a) The Board may include in any bond resolution authorizing the issuance of general revenue bonds under this Article covenants as to: (1) The purpose or purposes to which the proceeds or sale of the bonds shall be applied and the use and disposition thereof. (2) The use and disposition of the revenue of the airports, including the creation and maintenance of reserves. (3) The issuance of additional general revenue bonds payable from the revenue of the airports. (4) The operation, maintenance and repair of the airports. (5) The insurance to be carried by the Authority and the use and disposition of insurance moneys. (6) Books of account and the inspection and audit thereof. (7) Such other matters as are deemed necessary and required by the Authority in order to properly secure such bonds. (b) The provisions of this Article and any bond resolution authorizing the issuance of general revenue bonds shall be a contract with the bondholders and the duties of the Authority or any person under this Article and the conditions of any bond resolution shall be enforceable by any bondholder by injunction, mandamus, or other appropriate suit, action or proceeding in any court of competent jurisdiction, subject to any limitations set forth in the bond resolution. 31 COL11/29/2022 12 GCA AUTONOMOUS AGENCIES CH. 1 ANTONIO B. WON PAT INTERNATIONAL AIRPORT AUTHORITY, GUAM SOURCE: GC § 62108, as reenacted by P.L. 16-093. Amended by P.L. 21-135:10. § 1210. Bond Resolution, Adoption; Concurrence Required; Contents. (a) No special revenue bonds shall be issued unless authorized by the Board in a bond resolution adopted by it. Such resolution shall take effect only upon its approval by the Governor in writing and the Legislature by statute. (b) The Board shall specify in the bond resolution the denomination or denominations in which the bonds shall be issued, the interest rate or rates the bond shall bear and the frequency with which interest payments shall be made upon them. The Board may provide in the bond resolution or any subsequent bond resolution that the bonds may: (1) Bear the same or different dates. (2) Mature at such time or times not exceeding thirtyfive (35) years from their respective dates. (3) Be paid in certain mediums and at certain places. (4) Contain terms of redemption with such premiums as may be fixed (but no special revenue bonds may be subject to redemption prior to its fixed maturity date unless such right of redemption is expressly set forth on the face of the special revenue bond). (5) Contain terms, covenants and conditions set by the Board pursuant to § 1211 of this Article, and be in coupon or registered form. (c) The bonds shall not be sold until the Board shall have adopted a second resolution authorizing the sale. Such resolution shall take effect only upon its approval by the Governor and the Legislature. The sale may be either public or private and shall be at such price as is set in the resolution authorizing the sale. If any special revenue bonds are to be sold at public sale, a notice of sale with respect thereto shall be published at least once not less than five (5) days prior to the date of sale in a newspaper of general circulation in Guam and in a financial newspaper published in any 32 COL11/29/2022 12 GCA AUTONOMOUS AGENCIES CH. 1 ANTONIO B. WON PAT INTERNATIONAL AIRPORT AUTHORITY, GUAM of the cities of New York, Chicago, Illinois or San Francisco, California. SOURCE: GC § 62109, as reenacted by P.L. 16-093. Amended by P.L. 21-135:11. § 1211. Bond Covenants; Actions to Enforce. (a) The Board may include in any bond resolution authorizing the issuance of special revenue bonds under this Article covenants as to: (1) The purpose or purposes to which the proceeds of sale of the bonds shall be applied and the use and disposition thereof. (2) The use and disposition of the revenue of the airports, including the creation and maintenance. (3) The issuance of additional special revenue bonds payable from the revenue of the airports. (4) The operation, maintenance and repair of the airports. (5) The insurance to be carried by the Authority and the use and disposition of insurance moneys. (6) Books of account and the inspection and audit thereof. (7) Such other matters as are deemed necessary and required by the Board in order to properly secure such bonds. (b) The provisions of this Article and any bond resolution authorizing the issuance of special revenue bonds shall be a contract with the bondholders and the duties of the Authority or any person under this Article and the conditions of any bond resolution shall be enforceable by any bondholder by injunction, mandamus or other appropriate suit, action or proceeding in any court of competent jurisdiction. SOURCE: GC § 62110, as reenacted by P.L. 16-093. § 1212. Bonds: Execution of; Validity of; Presumed Regular. Bonds issued pursuant to this Article shall be executed by the Chairman of the Board and sealed with the seal of the Authority 33 COL11/29/2022 12 GCA AUTONOMOUS AGENCIES CH. 1 ANTONIO B. WON PAT INTERNATIONAL AIRPORT AUTHORITY, GUAM or in lieu thereof shall bear a lithographed or engraved facsimile of the signature of the Chairman or of such seal or both such signature and seal. The bonds shall be countersigned by the Secretary of the Authority, or in lieu thereof, shall bear a lithographed or engraved facsimile of the signature of the secretary. The coupons pertaining to the bonds shall be executed with the lithographed or engraved facsimile signatures of the Chairman of and Secretary of the Authority. The bonds bearing the signature of officers in office in an active or regular capacity on the date of signing thereof shall be valid and binding obligations notwithstanding that before the delivery thereof and payment therefor any or all the persons whose signatures appear thereon shall have ceased to be officers of the Authority. The validity of the bonds shall not depend upon nor be affected by the validity or regularity of any proceedings relating to the acquisition, purchase, construction, reconstruction, improvement, betterment or extension of the airports for which the bonds are issued. The Board may provide in the bond resolution authorizing the bonds that the bonds shall contain a recital that they are issued pursuant to the laws of Guam, which recital shall be conclusive evidence of their validity and of the regularity of their issuance. SOURCE: GC § 62111, as reenacted by P.L. 16-093. § 1213. Same: Equality. All general revenue bonds constituting a part of the same issue shall be equally and ratably secured, without priority by reason of number, date of bonds, date of sale, date of execution or date of delivery, by a lien and charge on the revenue pledged to the payment thereof in accordance with this Article and the bond resolution authorizing the issuance of such bonds; provided, this provision shall not be deemed to prohibit the issuance of general revenue bonds which are payable junior and subordinate to outstanding general revenue bonds. Any additional general revenue bonds which are payable out of the revenue of the airports may be issued on a parity with any general revenue bonds previously issued upon compliance with any conditions which may be prescribed in the bond resolution. SOURCE: GC § 62112, as reenacted by P.L. 16-093. 34 COL11/29/2022 12 GCA AUTONOMOUS AGENCIES CH. 1 ANTONIO B. WON PAT INTERNATIONAL AIRPORT AUTHORITY, GUAM § 1214. Same: Source of Payment of; Not Full Faith and Credit Instruments. All bonds issued under this Article shall be payable solely from and secured solely by the revenue or other security pledged to the payment thereof, and shall not constitute a general obligation of the Government or a charge upon the general fund of Guam, nor shall the full faith and credit of the Government be pledged to the payment of the principal and interest thereof. Each bond issued under this Article shall recite in substance that the issue of which such bond is a part and the interest thereof are payable solely from and secured solely by the revenue or other security pledged to the payment thereof, and that the bond is not a general obligation of the Government and the full faith and credit of the Government are not pledged to the payment of such principal and interest. SOURCE: GC § 62113, as reenacted by P.L. 16-093. § 1215. Authority to be Self-sustaining. The Board shall prescribe, impose and collect rates, rentals, fees or charges for the use and services of and the facilities and commodities furnished by the airports, including landing fees as permitted, and shall revise such rates, rentals, fees, charges and landing fees from time to time whenever necessary to keep the Authority on a self-sustaining basis. The rates, rentals, fees, charges and landing fees imposed and prescribed shall produce revenue which will be at least sufficient to: (a) Make the required payments of the principal and interest of all general revenue bonds issued by the Authority. (b) Pay the cost of operation of the Authority and the maintenance and repair of the airports, including reserves therefor. (c) Carry out the covenants of the bond resolution or bond resolutions authorizing the issuance of bonds. (d) Repay the Government for advances hereafter made for or on account of the Authority, including the allocable portions of principal and interest on rehabilitation loans made 35 COL11/29/2022 12 GCA AUTONOMOUS AGENCIES CH. 1 ANTONIO B. WON PAT INTERNATIONAL AIRPORT AUTHORITY, GUAM for or on account of the Authority, as disclosed by historic annual financial reports of relevant operations. SOURCE: GC § 62114, as reenacted by P.L. 16-093. § 1216. Refunding of Bonds. (a) The Board may authorize the issuance of refunding bonds for the purpose of refunding any or a portion of bonds then outstanding and issued under this Article, whether or not such outstanding bonds have matured or are then subject to redemption. The Board may provide for the issuance of a single issue of bonds for the combined purposes of (1) financing the cost of improvement or expansion of the airport; and (2) refunding bonds which shall therefore have been issued by the Authority and shall then be outstanding, whether or not such outstanding bonds have matured or are then subject to redemption. Nothing in this Section shall require or be deemed to require the Authority to elect to redeem or prepay bonds being refunded, or to redeem or repay bonds being refunded which were issued in the form customarily known as term bonds in accordance with any sinking fund installment schedule specified in the bond resolution authorizing the issuance thereof, or, in the event the Authority elects to redeem or prepay any such bonds, to redeem or prepay as of any particular date or dates. The issuance of such bonds, the maturities and other details thereof, the rights and remedies of the holders thereof, and powers, privileges, duties and obligations of the Authority with respect to the bonds shall be governed by the provisions of this Article insofar as those provisions may be applicable. (b) I Liheslaturan Guåhan, pursuant to § 1208(a) of this Article and 12 GCA § 50103(k) hereby approves the terms and conditions of the issuance of general revenue bonds by the Authority for the purpose of refunding all or a portion of the Authority’s outstanding General Revenue Bonds, 2013 Series C (herein the “2013 C Bonds”) in accordance with the following requirements, limitations, terms and conditions: (1) All obligation of the Authority to pay debt service on, and the redemption price of, the 2013 C Bonds refunded shall be discharged concurrently with the issuance of the refunding bonds. Thereafter, such 2013 C Bonds shall be 36 COL11/29/2022 12 GCA AUTONOMOUS AGENCIES CH. 1 ANTONIO B. WON PAT INTERNATIONAL AIRPORT AUTHORITY, GUAM payable solely from and secured solely by an escrow established for such purpose in accordance with the Authority’s existing bond indenture. (2) Such bonds shall be issued and sold in compliance with the provisions of Article 2 of Chapter 1, Title 12, Guam Code Annotated, including approval of the bond resolution by the Board of Directors of the Authority and by I Maga'hågan Guåhan as provided therein. (3) The sale of the bonds shall be approved by the Board of Directors of GEDA as provided by Chapter 50 of Title 12, Guam Code Annotated. (4) The debt service savings resulting from the issuance of the refunding bonds shall be not less than an amount equal to two percent (2%) of the principal amount of the 2013 C Bonds refunded. Debt service savings is defined for this purpose to be the amount by which the present value of debt service on the 2013 C Bonds exceeds the present value of debt service on the refunding bonds, using the yield on the refunding bonds as the discount rate for purposes of calculating present value. (5) Such refunding bonds shall have a principal amount or principal amounts sufficient to provide funds for the payment of all or a portion of the 2013 C Bonds refunded, and in addition, for the payment of all expenses incident to the calling, retiring, or paying of such 2013 C Bonds and the issuance of such refunding bonds, including: (A) the difference in amount between the par value of the refunding bonds and any amount less than par for which the refunding bonds are sold; (B) any amount necessary to be made available for the payment of interest upon such refunding bonds from the date of sale thereof to the date of payment of the 2013 C Bonds or to the date upon which the 2013 C Bonds will be paid pursuant to the call thereof or agreement with the holders thereof; 37 COL11/29/2022 12 GCA AUTONOMOUS AGENCIES CH. 1 ANTONIO B. WON PAT INTERNATIONAL AIRPORT AUTHORITY, GUAM (C) the premium, if any, necessary to be paid in order to call or retire the 2013 C Bonds and the interest accruing thereon to the date of the call or retirement; and (D) any additional amount needed to provide for a deposit to the debt service reserve in connection with the issuance of the refunding bonds. (c) Reporting Requirements. (1) The Authority shall submit a Notice of Intent to issue and sell such bonds as authorized in this Section to I Liheslaturan Guåhan no less than ten (10) working days before the consideration of the bond resolution by the Board of Directors of the Authority. The notice shall include a determination by the Authority on how the savings, which will be derived upon the issuance of the refunding bonds, will be used and expended. (2) GEDA shall submit a report to I Liheslatura no less than five (5) working days after the issuance and sale of such bonds, which shall include: (A) the debt service savings resulting from the issuance of the refunding bonds; (B) the principal amounts of the refunding bonds; (C) the expenses incident to the calling, retiring, or paying of such prior bonds as enumerated in Subsection (b)(5)(A)-(D) of this Section; (D) a determination by the Authority on how the savings, which will be derived upon the issuance of the refunding bonds, will be used and expended; and (E) an analysis of the use of debt savings to fund additional projects as it relates to the Authority’s total debt outstanding. The analysis shall include the impact the projects will have on the Authority’s financial health. (d) I Liheslaturan Guåhan, pursuant to § 1208(a) of this Article and 12 GCA § 50103(k), hereby approves the terms and conditions of the issuance of one or more series of general revenue 38 COL11/29/2022 12 GCA AUTONOMOUS AGENCIES CH. 1 ANTONIO B. WON PAT INTERNATIONAL AIRPORT AUTHORITY, GUAM bonds by the Authority for the purpose of refunding all or a portion of the Authority’s outstanding General Revenue Bonds, 2013 Series A, General Revenue Bonds, 2013 Series B, General Revenue Bonds, 2013 Series C, General Revenue Bonds, 2019 Series A, and/or General Revenue Bonds, 2019 Series B (Taxable), (hereinafter collectively, “Prior Bonds”), in accordance with the requirements, limitations, terms and conditions: (1) All obligations of the Authority to pay debt service on, and the redemption price of, the Prior Bonds refunded shall be discharged concurrently with the issuance of the refunding bonds. Thereafter, such Prior Bonds shall be payable solely from and secured solely by an escrow established for such purpose in accordance with the Authority’s existing bond indenture or otherwise shall be redeemed on the closing date of the refunding bonds. (2) Such bonds shall be issued and sold in compliance with the provisions of Article 2 of Chapter 1, Title 12, Guam Code Annotated, including approval of the bond resolution by the Board of Directors of the Authority and by I Maga'hågan Guåhan as provided therein. (3) The sale of the bonds shall be approved by the Board of Directors of GEDA as provided by Chapter 50 of Title 12, Guam Code Annotated. (4) The debt service savings resulting from the issuance of the refunding bonds shall be not less than an amount equal to two percent (2%) of the principal amount of the Prior Bonds refunded. Debt service savings is defined for this purpose to be the amount by which the present value of debt service on the Prior Bonds exceeds the present value of debt service on the refunding bonds, using the yield on the refunding bonds as the discount rate for purposes of calculating present value. (5) Such refunding bonds shall have a principal amount or principal amounts sufficient to provide funds for the payment of all or a portion of the Prior Bonds refunded, and in addition, for the payment of all expenses incident to 39 COL11/29/2022 12 GCA AUTONOMOUS AGENCIES CH. 1 ANTONIO B. WON PAT INTERNATIONAL AIRPORT AUTHORITY, GUAM the calling, retiring or paying of such Prior Bonds and the issuance of such refunding bonds, including: (A) the difference in amount between the par value of the refunding bonds and any amount less than par for which the refunding bonds are sold; (B) any amount necessary to be made available for the payment of interest upon such refunding bonds from the date of sale thereof to the date of payment of the Prior Bonds or to the date upon which the Prior Bonds will be paid pursuant to the call thereof or agreement with the holders thereof; (C) the premium, if any, necessary to be paid in order to call or retire the Prior Bonds and the interest accruing thereon to the date of the call or retirement; and (D) any additional amount needed to provide for a deposit to the debt service reserve in connection with the issuance of the refunding bonds. (6) Such refunding bonds may be issued on a federally taxable or tax-exempt basis. (e) I Liheslaturan Guåhan, pursuant to § 1208(a) and § 50103(k) of Title 12, Guam Code Annotated, hereby approves the terms and conditions of the issuance of one or more series of general revenue bonds by the Authority for the purpose of refunding all or a portion of the bonds authorized by Subsection (d) hereof, in accordance with the following requirements, limitations, terms and conditions: (1) All obligations of the Authority to pay debt service on, and the redemption price of, such bonds refunded shall be discharged concurrently with the issuance of the refunding bonds. Thereafter, such bonds shall be payable solely from and secured solely by an escrow established for such purpose in accordance with the Authority’s existing bond indenture or otherwise shall be redeemed on the closing date of the refunding bonds. (2) Such bonds shall be issued and sold in compliance with the provisions of Article 2 of Chapter 1, Title 12, Guam 40 COL11/29/2022 12 GCA AUTONOMOUS AGENCIES CH. 1 ANTONIO B. WON PAT INTERNATIONAL AIRPORT AUTHORITY, GUAM Code Annotated, including approval of the bond resolution by the Board of Directors of the Authority and by I Maga'hågan Guåhan as provided therein. (3) The sale of the bonds shall be approved by the Board of Directors of GEDA as provided by Chapter 50 of Title 12, Guam Code Annotated. (4) The debt service savings resulting from the issuance of the refunding bonds shall be not less than an amount equal to two percent (2%) of the principal amount of such bonds refunded. Debt service savings is defined for this purpose to be the amount by which the present value of debt service on such bonds exceeds the present value of debt service on the refunding bonds, using the yield on the refunding bonds as the discount rate for purposes of calculating present value. (5) Such refunding bonds shall have a principal amount or principal amounts sufficient to provide funds for the payment of all or a portion of such bonds refunded, and in addition, for the payment of all expenses incident to the calling, retiring or paying of such bonds and the issuance of such refunding bonds, including: (A) the difference in amount between the par value of the refunding bonds and any amount less than par for which the refunding bonds are sold; (B) any amount necessary to be made available for the payment of interest upon such refunding bonds from the date of sale thereof to the date of payment of such bonds or to the date upon which such bonds will be paid pursuant to the call thereof or agreement with the holders thereof; (C) the premium, if any, necessary to be paid in order to call or retire such bonds and the interest accruing thereon to the date of the call or retirement; and (D) any additional amount needed to provide for a deposit to the debt service reserve in connection with the issuance of the refunding bonds. 41 COL11/29/2022 12 GCA AUTONOMOUS AGENCIES CH. 1 ANTONIO B. WON PAT INTERNATIONAL AIRPORT AUTHORITY, GUAM (6) Such refunding bonds may be issued on a federally tax-exempt basis. SOURCE: GC § 62115, as reenacted by P.L. 16-093 (June 15, 1982). Amended by P.L. 35-033:2 (Sept. 4, 2019). Subsections (d) and (e) added by P.L. 35-137:2 (Jan. 4, 2021). 2019 NOTE: Pursuant to P.L. 35-033:3 (Sept. 4, 2019): “The debt service savings resulting from the issuance of the refunding bonds, as authorized by this Act, shall be used for capital improvement projects only and shall not be used toward salary increases or adjustments of any kind.” NOTE: Pursuant to the authority granted by 1 GCA § 1606, numbers and/or letters were altered to adhere to the Compiler’s alpha-numeric scheme. § 1217. Director of Administration as Trustee. The Director of Administration or any fiscal agent designated by him shall act as trustee for the Authority and the holders of bonds issued hereunder if such provision is specifically contained within the bond resolution authorizing such bonds and the bond resolution may authorize the trustee to act on behalf of the bondholders or any stated percentage thereof, and to exercise and prosecute on behalf of the bondholders such rights and remedies as may be available to the bondholders. Notwithstanding any law to the contrary, a trustee designated pursuant to this Section or a paying agent designated for the bonds may in good faith buy, sell, own, hold and deal in the bonds and coupons or any other indebtedness of the Authority or the Government provided, that such a trustee or paying agent shall not receive with respect to a transaction involving the bonds any other compensation except that received for its service as trustee or paying agent. Within thirty (30) days of any transaction whereby the trustee or paying agent buys, sells, owns, holds or deals in the bonds or coupons the trustee or paying agent shall report to the Guam Legislature as to the transaction and its involvement in it. When acting as a trustee, the Director of Administration shall cause to be established suitable accounts for the deposit of all revenue and other moneys, and for the payment of the bonds and the interest thereon and for all other payments provided or required by this Article. SOURCE: GC § 62116, as reenacted by P.L. 16-093. § 1218. Negotiability of Bonds. 42 COL11/29/2022 12 GCA AUTONOMOUS AGENCIES CH. 1 ANTONIO B. WON PAT INTERNATIONAL AIRPORT AUTHORITY, GUAM The bonds and the coupons attached to them are negotiable instruments. SOURCE: GC § 62117, as reenacted by P.L. 16-093. § 1219. Temporary Bonds Authorized. The Board may provide in a bond resolution that, pending the actual issuance or delivery of definitive bonds, the Authority may issue temporary or interim bonds, to be exchanged for definitive bonds, when ready for delivery. SOURCE: GC § 62118, as reenacted by P.L. 16-093. § 1220. Replacement Bonds Authorized. The Board may provide in a bond resolution that lost, destroyed or mutilated bonds or coupons may be replaced. SOURCE: GC § 62119, as reenacted by P.L. 16-093. § 1221. Bonds Tax Exempt. [Repealed.] SOURCE: GC § 62120, as reenacted by P.L. 16-093. Repealed by P.L. 21-135:12. § 1222. Bonds as Legal Investments. Notwithstanding any other provisions of this Article, all general revenue bonds are legal investments for all trust funds and for the funds of all banks, both commercial and savings, and may be deposited as security for the performance of any act whenever any evidence of indebtedness of the Government may be so deposited, and may also be used as security for the deposit of public moneys in banks in Guam. SOURCE: GC § 62121, as reenacted by P.L. 16-093. 2022 NOTE: Reference to “territory” removed pursuant to 1 GCA § 420. § 1223. Repayment responsibility of Government. The Government and not the Authority shall continue to make all payments for principal and interest due on the rehabilitation loans applicable to the airports. SOURCE: GC § 62122, as reenacted by P.L. 16-093. § 1224. Other Indebtedness Authorized. 43 COL11/29/2022 12 GCA AUTONOMOUS AGENCIES CH. 1 ANTONIO B. WON PAT INTERNATIONAL AIRPORT AUTHORITY, GUAM The Board may at any time, or from time to time, by resolution adopted by a majority of all the members of the Board and approved by the Governor, incur indebtedness for any lawful purpose for any period not exceeding five (5) years evidenced by a contract with any person or by one or more promissory notes executed as provided in this Article and delivered to any person. Any such indebtedness incurred shall be subject and subordinate to any contractual obligations of the Authority to the holders of any bonds and the principal thereof and interest thereon may be repaid either from revenue or, if incurred for a purpose for which bonus may be issued, from revenue or from the proceeds of sale of bonds. SOURCE: GC § 62123, as reenacted by P.L. 16-093. § 1225. Construction of Article. The powers conferred by this Article shall be in addition and supplemental to the powers conferred by any other law. The Authority may acquire, purchase, construct, reconstruct, improve, better and extend airports and support facilities and equipment, and bonds may be issued under this Article for these purposes, notwithstanding that any other law may provide for the acquisition, purchase, construction, reconstruction, improvement, betterment and extension of the airports, and without regard to the requirements, restrictions, limitations or other provisions contained in any other law. This Article shall be liberally construed in order to carry out the purposes for which it was enacted, and insofar as the provisions of this Article are in conflict with the provisions of any other laws, the provisions of this Article shall be controlling, and all existing laws in conflict with any provisions of this Article are superseded insofar as necessary to accomplish the purposes of and carry out the provisions of this Article. SOURCE: GC § 62124, as reenacted by P.L. 16-093. § 1226. Pledge and Agreement by Government. The Government hereby pledges to and agrees with the holders of any bonds issued under this Article that the Government will not: 44 COL11/29/2022 12 GCA AUTONOMOUS AGENCIES CH. 1 ANTONIO B. WON PAT INTERNATIONAL AIRPORT AUTHORITY, GUAM (a) Limit or alter the rights hereby vested in the Authority to fulfill the terms of any agreements made with the bondholders, (b) in any way impair the rights and remedies of the bondholders, (c) acquire, operate or maintain or permit any instrumentality of the Government or any other public or private agency, entity or person to acquire, operate or maintain within Guam an airport facility competitive with the airports, or (d) transfer any additional non-airport operating responsibilities to the Authority without providing for the payment of the costs of such additional responsibilities. The Authority is authorized to include this pledge and agreement of the Government in an agreement with the holders of bonds. SOURCE: Added by P.L. 21-135:13. 2022 NOTE: Reference to “territory” replaced with “Guam” pursuant to 1 GCA § 420. 2015 NOTE: In prior publications of the GCA, the Compiler of Laws recognized that P.L. 21-135:13 indicated this provision was “amended”; however, he found no indication that it had been added before P.L. 21-135. ---------ARTICLE 3 ANTONIO B. WON PAT INTERNATIONAL AIRPORT AUTHORITY, GUAM AIRCRAFT RESCUE AND FIRE FIGHTING UNIT SOURCE: This Article 3 was added by P.L. 24-005:2. 2022 NOTE: Chapter title renamed pursuant to 12 GCA § 1102 (a). § 1301. § 1302. § 1303. § 1304. Establishment. Powers and Duties. Officer in Charge at Scene of Fire. Penalty, Obstruction of Operations. 45 COL11/29/2022 12 GCA AUTONOMOUS AGENCIES CH. 1 ANTONIO B. WON PAT INTERNATIONAL AIRPORT AUTHORITY, GUAM § 1301. Establishment. There is hereby established within, and as a division of the Antonio B. Won Pat International Airport Authority, Guam, an Aircraft Rescue and Fire Fighting Unit. The underlying purposes and policies of the Act are to acknowledge that the GIAA has the duty to operate and maintain the Antonio B. Won Pat Guam International Air Terminal and related facilities for civil aviation purposes on Guam, and that an Aircraft Rescue and Fire Fighting Unit is required to provide for: rescue and lifesaving; safety of persons, equipment and facilities; and firefighting and salvage of equipment and cargo. 2022 NOTE: Reference to the “A.B. Won Pat Guam International Airport Authority” replaced with “Antonio B. Won Pat International Airport Authority, Guam” pursuant to 12 GCA § 1102 (a). Reference to the A.B. Won Pat Guam International air terminal” replaced with “Antonio B. Won Pat Guam International Air Terminal” pursuant to 1 GCA § 828. § 1302. Powers and Duties. The Aircraft Rescue and Fire Fighting Unit shall have the power and duty to conduct and extinguish injurious or dangerous fires, and to remove that which is liable to cause such fires, assume complete charge of fire suppression, perform rescue operations and to enforce all laws relating to the preventing or spreading of fires and all laws pertaining to fire control and fire hazards within the Air Operations Area, as defined in GIAA’s Master Plan. The GIAA Board of Directors, or its designee, with the assistance of the Chief of the Aircraft Rescue and Fire Fighting Unit, pursuant to the Administrative Adjudication Law, shall adopt reasonable rules and regulations to promote the purpose of this Act. Any violation of the rules and regulations regarding the Aircraft Rescue and Fire Fighting Unit shall be deemed a misdemeanor. § 1303. Officer in Charge at Scene of Fire. The Officer of the Aircraft Rescue and Fire Fighting Unit at the scene of any fire shall have full power and authority to direct the operation of extinguishing the same and to take the necessary precautions to prevent the spread thereof. In the course of such operations he may prohibit approach to such fire by any person, vehicle, aircraft or thing, and may remove or cause to be removed and kept away from such fire any vehicle, aircraft or thing, and all 46 COL11/29/2022 12 GCA AUTONOMOUS AGENCIES CH. 1 ANTONIO B. WON PAT INTERNATIONAL AIRPORT AUTHORITY, GUAM persons not actually and usefully employed, in the judgment of said Officer, in the extinguishing of such fire or the preservation of property in the vicinity thereof. § 1304. Penalty, Obstruction of Operations. Any person who shall in any way obstruct the operations of the Aircraft Rescue and Fire Fighting Unit in connection with any such fire, or who shall disobey any lawful command of the Officer of the Unit in charge at the scene of such fire, or of the Guam Fire Department or the Guam Police Department in cooperating with them, shall be guilty of a misdemeanor. ---------ARTICLE 4 “MADE IN GUAM” INCUBATOR PROGRAM SOURCE: Article 4 added by P.L. 32-068:XII:28 (Sept. 11, 2013). § 1401. § 1402. § 1403. § 1404. § 1405. § 1406. § 1407. Establishment. Description. Program Rules and Regulations Product Mix. Incentives. Grant Program. Other Funding Sources. § 1401. Establishment. There is hereby established within the Antonio B. Won Pat International Airport Authority, Guam (Authority), the “Made in Guam” Business Incubator Program (Program). The Program shall be under the overall supervision of the Executive Manager who shall execute the intent of this Program. SOURCE: Added by P.L. 32-068:XII:28 (Sept. 11, 2013). § 1402. Description. The Program is intended to serve as a business incubator for those businesses offering products that are made on Guam and which display the Guam Product Seal. Products that are not made 47 COL11/29/2022 12 GCA AUTONOMOUS AGENCIES CH. 1 ANTONIO B. WON PAT INTERNATIONAL AIRPORT AUTHORITY, GUAM on Guam are not eligible for this Program. The Executive Manager shall ensure that the products being offered by Program participants do not infringe on the master concessionaire agreement for exclusive products, and that the master concessionaire does not infringe on products being offered by businesses in the Program. The Program is designed to provide incentives to participate including, but not limited to, up to two (2) years of reduced business licensing fees as an incentive to participating businesses. In addition, the Executive Manager shall designate floor space within the Antonio B. Won Pat Guam International Air Terminal for use by Program participants and, to the extent allowable, shall charge the lowest possible percentage of gross sales for up to two (2) years and may charge a graduated rate as a percentage of gross sales after the two (2) year period, not to exceed ten percent (10%), in lieu of a charge per square foot, for lease or use of space. The Executive Manager may reduce or waive any other charges that may be imposed on each participating business. The Authority is urged to make available to each vendor a kiosk display area that showcases the Chamorro culture, such as a kiosk designed in the form of the karetan carabao, and the use of indigenous materials in the branding of each vendor’s display area. The Authority shall collaborate with the Department of Chamorro Affairs and shall collaborate with the Guam Visitors Bureau to assist with the branding of the vendors’ display areas, and to ensure a quality image is portrayed to both visitors and residents utilizing the terminal facilities. The Authority may seek financial assistance from the Guam Visitors Bureau in the procurement of the display areas and the materials to be used in the branding of these areas. The Authority and the Guam Economic Development Authority shall establish a grant program for businesses participating in the incubator program. SOURCE: Added by P.L. 32-068:XII:28 (Sept. 11, 2013). § 1403. Program Rules and Regulations. The Program shall be under the overall supervision of the Executive Manager, and shall conform to all applicable local and federal government laws, rules and regulations, including the Individuals with Significant Disabilities Vending Act. Program 48 COL11/29/2022 12 GCA AUTONOMOUS AGENCIES CH. 1 ANTONIO B. WON PAT INTERNATIONAL AIRPORT AUTHORITY, GUAM participants will be allowed to participate in the Program for a maximum of five (5) years and upon completion may be allowed to continue to operate, but not under this Program, and will be subject to the terms and conditions established by the Authority. The Authority is authorized to promulgate rules and regulations specific to the Program in conformance with Article 3 of Chapter 9, Title 5, Guam Code Annotated, which shall include an adjudication process to address appeals to the GIAA Board relative to determination made by the Executive Manager in the administration of this Program, no later than 180 days after enactment. The Program shall not start until said rules and regulations are promulgated. SOURCE: Added by P.L. 32-068:XII:28 (Sept. 11, 2013). § 1404. Product Mix. (a) The mix of products shall be determined by the Executive Manager, but generally the Program participants shall not provide products that directly compete with products offered by other Program participants unless substantially separated as to allow for each participant to succeed, or by the holder of the master concessionaire agreement. The master concessionaire shall not offer products that directly compete with the Program participants. (b) Advisory Board. An Advisory Board is created herein that shall assist the Executive Manager in creating and maintaining a quality image that will ensure consistency in the representation of our island culture and the branding consistent with GVB’s initiative among all the participants in the Program. The Board shall consist of: the Authority’s Executive Manager, or his designee, who shall chair the Advisory Board; the General Manager of the Guam Visitors Bureau, or his designee; a member designated by the master concessionaire; the Administrator of the Guam Economic Development Authority, or his designee; and the President of the Department of Chamorro Affairs or his designee. The Board shall develop its procedures for carrying out this function. SOURCE: Added by P.L. 32-068:XII:28 (Sept. 11, 2013). § 1405. Incentive(s). 49 COL11/29/2022 12 GCA AUTONOMOUS AGENCIES CH. 1 ANTONIO B. WON PAT INTERNATIONAL AIRPORT AUTHORITY, GUAM (a) Each business participating in the “Made in Guam” Incubator Program shall only pay one-half (1/2) of the total amount payable for the business license needed to transact business at the Antonio B. Won Pat Guam International Air Terminal. This partial payment shall be made available for a period of two (2) tax years from the date of entry into the program. Thereafter, the licensee will pay the full cost of the business license. (b) Each participant, to the extent the Authority is allowed, shall be charged the lowest possible percentage of gross sales for up to two (2) years and may be charged a graduated rate as a percentage of gross sales after the two (2) year period, not to exceed ten percent (10%), in lieu of a charge per square foot, for lease or use of space. The Executive Manager may reduce or waive any other charges that may be imposed on each participating business. SOURCE: Added by P.L. 32-068:XII:28 (Sept. 11, 2013). § 1406. Grant Program. The Authority and the Guam Economic Development Authority shall jointly develop a grant program for businesses participating in the "Made in Guam" Business Incubator Program. Grants may be made available to participating businesses and qualified participants of the “Individuals with Significant Disabilities Vending Act.” as described in Section 2. Article 7 of Chapter 41, Division 5 of Title 17 Guam Code Annotated, with the proceeds being used to defray the startup costs of product development, marketing and sale of the item(s) that meet the definition for products that may display the Guam Product Seal. The maximum grant award shall not exceed Ten Thousand Dollars ($10,000.00). The terms and conditions for the grant program shall be developed by the Guam Economic Development Authority, who shall be responsible for the screening of each business’s grant application, making a determination on the amount of the grant award, and ensuring the proceeds from each grant are spent in accordance with the approved terms and conditions. The Guam Economic Development Authority may receive up to five percent (5%) of the total amount appropriated to fund administrative costs for the grant program. Grant funds 50 COL11/29/2022 12 GCA AUTONOMOUS AGENCIES CH. 1 ANTONIO B. WON PAT INTERNATIONAL AIRPORT AUTHORITY, GUAM shall come from GEDA’s operating budget and shall not exceed One Hundred Thousand Dollars ($100,000), throughout the inception of this Act. Twenty Thousand Dollars ($20,000) in grants will be awarded to persons with disabilities. SOURCE: Added by P.L. 32-068:XII:28 (Sept. 11, 2013). § 1407. Other Funding Sources. The Authority may request financial assistance from the Guam Visitors Bureau in the procurement of display areas and the indigenous materials to be used to brand the display areas. Participating businesses will also be directed to apply for funding under the State Trade and Export Promotion (STEP) Grant Program administered by the Guam Economic Development Authority. The Authority may also request financial assistance from the Economic Development Administration, U.S. Department of Commerce, in securing grants related to the establishment and operation of the proposed incubator program. SOURCE: Added by P.L. 32-068:XII:28 (Sept. 11, 2013). --------- 51 COL11/29/2022
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