5 GCA § 22437: Timing of Municipal Lease Payments.

For the budget act period of Fiscal Year 2018, and for each subsequent budget act period thereafter, executive branch agencies of the government of Guam shall amortize payments for each municipal lease into equal monthly installments throughout the fiscal year; provided, that any such amortization schedule for its respective municipal lease does not contravene the provisions of any indenture such that it would cause default or any other negative impact to the credit rating of the government of Guam.