Second Notice GEDA Regular Board Meeting 08.21.2014
First Notice GEDA Regular Board Meeting 08.21.2014
Bloomberg Article: Puerto Rico Woes Lift Tax-Free Guam to Best Returns: Muni Credit
The biggest returns in the municipal market are coming from Guam, the Pacific island that gives U.S. investors tax-free interest without the default speculation enveloping securities from beleaguered Puerto Rico.
Read the article on bloomberg.com.
DETERMINATION OF NEED FOR EXCEPTIONAL TERM CONTRACT: Lot 1, Block 5, Tract 259 Tamuning, Guam
The Guam Economic Development Authority (hereinafter referred to as “GEDA”) intends to issue a Request for Proposals (“RFP”) for the lease availability of Lot Number Lot 1, Block 5, Tract 259, ET, Calvo Memorial Industrial Park, Tamuning, Guam consisting of approximately 3,702 square meters of undeveloped land (The Property).
The Property is located off Route 1 and adjacent to the ITC Building’s rear parking lot and Kontenda’s Gym. GEDA intends to negotiate a sublease agreement for the Property that allows a prospective developer to implement its proposed and approved development plans. The Property has potential for commercial or industrial use as it is located within the E. T. Calvo Memorial Industrial Park. GEDA intends to negotiate a lease agreement for the Property that allows a prospective lessee to utilize the Property for land uses consistent with the M-1 Light Industrial Zone designation.
RFP 14-003 2014 EVENT COORDINATOR