Fed mgmt team unopposed to payment extension - KUAM.com-KUAM News: On Air. Online. On Demand.

Fed mgmt team unopposed to payment extension

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by Mindy Aguon

Guam - The federal management team is not opposed to a 90-day extension to all court-ordered payments for the amended permanent injunction. James Casey noted that the bulk of the $3.2 million that was supposed to be paid by the government on August 1 was to underwrite the construction costs for new residential settings.

The federal management team however has been working with the Guam Housing and Urban Renewal Authority to offset the need for that money by entering into long term leases at low-income housing and utilizing compact impact funding. The government has requested a reprieve in coming up with the court ordered payments or a modification of the amounts that will be paid over the next several months because of the government's cash crisis.

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