5 GCA § 221413: Creation of the ‘Capital Infrastructure and Maintenance Fund’.

There is hereby established, separate and apart from other funds of the government of Guam, a fund known as the ‘Capital Infrastructure and Maintenance Fund’ (hereinafter ‘Fund’). The Fund shall not be commingled with the General Fund or any other fund of the government of Guam. The Fund shall be held in an account or accounts at a Guam financial institution or institutions separate and apart from all other accounts and funds of the government of Guam. The Fund shall not be subject to I Maga’lahi’s transfer authority. All proceeds of the Compact Impact Grant Anticipation Bonds shall be deposited into this Fund and are hereby appropriated for the purposes of financing the projects enumerated in § 221404 of this Article.