Chapter 31

COL12010611GCA FINANCE &TAXATION CH.31DISTRICT IMPROVEMENT FUND 1CHAPTER 31 DISTRICT IMPROVEMENT FUND § 31101. Definitions. § 31102. Fund. § 31103. Subaccounts. § 31104. Revenue Reports. § 31105. Annual Deposits. § 31106. Use. § 31107. Injunction. § 31108. Fund Report. § 31109. Funds Unexpended. § 31110. Alternate Fundi ng. § 31111. Severability . § 31112. Effective Date. SOURCE: Chapter 31 was added by P .L. 20 -183:1. § 31101. Definitions. The definitions set forth herein shall govern the construction and interpretation of this Chapter: (a) Director means the Director of Administration. (b) District means the municipal districts as defined in and established by Title 1, Guam Code Annotated. (c) Fund means the separate account estab lished and maintained by the Director . (d) Improvement includes, but is not limited to, capi tal improvement projects, (roads, side walks, parks), services (street - lights, fire hy drants, equipment purchase, supplies), and other beautification projects (trees, plants). (e) Revenue means taxes collected from the Real Estate Property Tax levied in C hapter 24 of this Title. § 31102. Fund.

uipment purchase, supplies), and other beautification projects (trees, plants). (e) Revenue means taxes collected from the Real Estate Property Tax levied in C hapter 24 of this Title. § 31102. Fund. Ther e is established the District Improve ment Fund (the Fund ) which shall be maintained separate and apart from any other funds of the government of Guam and indepen dent records shall be kept in connection therewi th. § 31103. Subaccounts. COL12010611GCA FINANCE &TAXATION CH.31DISTRICT IMPROVEMENT FUND 2The Director is here by dir ected to establish and maintain the Fund which shall include sub accounts for each of the districts. § 31104. Revenue Reports. The Director of Revenue and Taxation shall provide the Director and the Le gislature with a quarterly report of all revenue collected from each of the districts. § 31105. Annual Deposits. The Director shall deposit Two Million One Hundred Seventy -Five Thousand Dollars ($2,175,000) from the revenue collected annually in the follo wing subaccounts of the Fund: Dededo $150,000 Tamuning-Tumon $150,000 Barrigada $150,000 Yigo $150,000 Mangilao $105,000 Agat $105,000 Mongmong -Toto-Maite $105,000 Sinajana $105,000 Santa Rita $105,000

g subaccounts of the Fund: Dededo $150,000 Tamuning-Tumon $150,000 Barrigada $150,000 Yigo $150,000 Mangilao $105,000 Agat $105,000 Mongmong -Toto-Maite $105,000 Sinajana $105,000 Santa Rita $105,000 Yona $105,000 Agana Height s $105,000 Agana $105,000 Chalan Pago -Ordot $105,000 Piti $105,000 Inarajan $105,000 Talofofo $105,000 Asan -Maina $105,000 Merizo $105,000 Umatac $105,000 § 31106. Use. COL12010611GCA FINANCE &TAXATION CH.31DISTRICT IMPROVEMENT FUND 3Appropriations for improve ments within a district may be made from the subaccount of the Fund for such district upon request to the Legislature by resolution of the Municipal Planning Council of such district but expenditures of such funds shall be governed by the procurement laws and regulations of the government o f Guam . § 31107. Injunction. The Director is enjoined from transfer ring or expending funds from any of the district subaccounts except as authorized by resolution of such district’ s Municipal Plan ning Council. § 31108. Fund Report. The Dir ector shall p rovide the Legislature with a quarterly report of the balances of such district subaccounts. § 31109. Funds Unexpended.

ict’ s Municipal Plan ning Council. § 31108. Fund Report. The Dir ector shall p rovide the Legislature with a quarterly report of the balances of such district subaccounts. § 31109. Funds Unexpended. Unexpended funds remain ing in the Fund after the end of each Fiscal Y ear shall remain in the Fund and shall become a part of the curre nt Fiscal Y ear balance. § 31110. Alternate Funding. Any improve ment that cannot be funded under this Chapter because of unavailability of funds may be funded from the unappropriated surplus of the General Fund. § 31111. Severability . If any of the provi sions of this Chapter or the application thereof to any person or circum stances are held invalid, such invalidity shall not affect any other provi sion or application of this Chapter which can b e given effect without the invalid provision or application, and to this end the provisions of this Chapter are severable. § 31112. Effective Date. The provisions of this Chapter shall take effect upon enactment, except that capital improve ment projects which have received appropriations prior to the effec tive d ate of this Chapter will remain appropriat ed pursuant to the prior acts in which they were

ent, except that capital improve ment projects which have received appropriations prior to the effec tive d ate of this Chapter will remain appropriat ed pursuant to the prior acts in which they were appropriated. ----------