Old legislature building renovations progress - KUAM.com-KUAM News: On Air. Online. On Demand.

Old legislature building renovations progress

Posted: Updated:
by Ken Quintanilla

Guam - Efforts to finalize the loan for the renovation and refurbishment of the old Guam Legislature building is another step closer to reality. GEDA's financial service manager Lester Carlson tells KUAM that the loan documents between the Government of Guam and the Bank of Guam were recently signed off by Governor Eddie Calvo on behalf of the Government of Guam. He adds today it was transmitted to the attorney general for signature before being sent to the speaker's office and then to the governor one last time before being finalized.

Once the loan documents are finalized, the legislature will enter into a memorandum of understanding with the Guam Preservation Trust who will then take the lead on the project. While the loan is for $4 million, the Guam Preservation Trust will be putting up an additional $3.5 million. As for why the loan process has taken some time, the legislature's executive director Vince Arriola tells KUAM that this is the first time the legislature has taken on a loan of this venture.
  • NEWS HEADLINESMore>>

  • Crash on Agat-Umatac Road sends motorcyclist to hospital

    Crash on Agat-Umatac Road sends motorcyclist to hospital

    A man is rushed the hospital after a serious motorcycle crash along Agat/Umatac road Sunday afternoon. GFD spokesperson Kevin Reilly says it happened around 2:47 pm by the water reservoir. Medics performed CPR, as they rushed him to Naval Hospital. His coMore >>
    A man is rushed the hospital after a serious motorcycle crash along Agat/Umatac road Sunday afternoon. GFD spokesperson Kevin Reilly says it happened around 2:47 pm by the water reservoir. Medics performed CPR, as they rushed him to Naval Hospital. His coMore >>
  • Hormel issues recall after metal objects found inside canned products

    Hormel issues recall after metal objects found inside canned products

    Consumers may want to double check before opening another can of Spam. Hormel Food Corporation, based in Fremont, Nebraska, is recalling more than 228 thousand pounds of canned pork and chicken products they say could be contaminated with pieces of metal.More >>
    Consumers may want to double check before opening another can of Spam. Hormel Food Corporation, based in Fremont, Nebraska, is recalling more than 228 thousand pounds of canned pork and chicken products they say could be contaminated with pieces of metal.More >>
  • Islanders feel 4.9 earthquake

    Islanders feel 4.9 earthquake

    At 10:21 a.m. on Sunday, The U.S. Geological Survey recorded an earthquake with a preliminary magnitude of 4.9 that struck 54 km ESE of Inarajan village, with a depth of 35.5 km.There were no reports made to Guam E911 dispatch of damages or injuries from the earthquake.

    More >>

    At 1021 a.m. on Sunday, The U.S. Geological Survey recorded an earthquake with a preliminary magnitude of 4.9 that struck 54 km ESE of Inarajan village, with a depth of 35.5 km.There were no reports made to Guam E911 dispatch of damages or injuries from the earthquake.

    More >>
Powered by Frankly