COL 041309
The site for the construction of the slaughterhouse is designated as Lot 7150-R4-NEW-1-1, Municipality of Yigo, as shown on Land Management Drawing No. CC-8925Y, Certificate of Title 76418, registered on March 19, 1984, containing an area of 8,094 square meters (the “Property”), and belonging to the government of Guam. Lot No. 7150-R-4-NEW-1-1 is hereby transferred from the Chamorro Land Trust Commission to the Corporation for the purpose of implementing this Act. Notwithstanding any other law, rule or regulation, the Corporation shall be granted a fifty (50) year lease on the property designated for the slaughterhouse as authorized herein, at a rent of One Dollar ($1.00) per year; provided, that if the property is employed for purposes other than as a slaughterhouse or other auxiliary purpose as authorized by this Act, the property shall be reverted to the Chamorro Land Trust Commission immediately.