{"data":{"id":"us-gu/5-gca-221404","jurisdiction":"us-gu","citation":"5 GCA § 221404","heading":"Bond Proceeds.","body":"All proceeds from the issuance of the Compact Impact Grant Anticipation Bonds in accordance with the provisions of this Article shall be credited to the Capital Infrastructure and Maintenance Fund to be used for the following purposes:\n(a) Construction of public schools and\ncollateral equipment $88,000,000.00\n[(1) two (2) high schools not\nto exceed $56,000,000.00;\n(2) one (1) middle school not\nto exceed $16,000,000.00; and\n(3) two (2) elementary schools\nnot to exceed $16,000,000.00]\n(b) Repairs \u0026 refurbishments $10,000,000.00\n[payments for the repairs and\nrefurbishments of existing public\nschools.]\n(c) Upgrade of DOC ACF $ 5,000,000.00\n[construction of a new eighty-five (85)\nbed facility and upgrades required to\nmeet the U.S. Department of Justice\nmandates towards resolution of the\nConsent Decree.]\n(d) replacement of CT Scan System $ 1,000,000.00\n[as established in the Guam Memorial\nHospital Authority Ten-Year Capital\nImprovements Plan.]\n(e) redesign and expansion of the\nemergency medical department $ 3,000,000.00 [as established in the Guam Memorial\nHospital Authority Ten-Year\nCapital Improvements Plan.]\n(f) establishment of an endoscopy suite $ 500,000.00 [as established in the Guam Memorial\nHospital Authority Ten-Year Capital\nImprovements Plan.]\n(g) expansion or construction of health\nclinics $ 2,000,000.00 [Department of Public Health and\nSocial Services regional community\nhealth clinics.]\n(h) and any expenses relating to the authorization, sale and issuance of the bonds, including, without limitation, printing costs, costs of reproducing documents, credit enhancement fees, underwriting, legal, financial advisory and accounting fees and charges, fees paid to banks or other financial institutions providing credit enhancement, costs of credit ratings and other costs, charges and fees in connection with the issuance, sale and delivery of the bonds.","path":["Title 5: Government Operations","Division 2 - Administration of the Government","Chapter 22: General Fiscal Policies and Controls","ARTICLE 14: COMPACT IMPACT GRANT ANTICIPATION BONDS"],"source_url":"https://col.guamcourts.gov/sites/default/files/5gc022.pdf","current_through":"P.L. 38-133 (June 4, 2026)","vintage":"","retrieved_at":"2026-09-27T02:19:48Z","sha256":"a0bfd62bf8618c10aab6f5db5035bfb11c7c20c85609e569c0aebca7eb7e0b03","source_id":"us-gu","stale":false,"prev":"us-gu/5-gca-221403","next":"us-gu/5-gca-221405"},"notice":"GroundRules: Original legal text. Not legal advice."}