Aguon legislation finances GMH labor & delivery ward - KUAM.com-KUAM News: On Air. Online. On Demand.

Aguon legislation finances GMH labor & delivery ward

Posted: Updated:

The longstanding delay to renovate the labor and delivery ward at the Guam Memorial Hospital has forced one senator to introduce legislation that would get the project going.

Sen. Frank Aguon's Bill 355 would create an interest free, financing mechanism that will help renovate the long awaited Labor and Delivery Ward at GMH. This is a similar program that has been used in the past for such projects as the repairs of the Harmon Industrial Park Roadway, among others, which allows the private sector to front the monies in lieu of various forms of tax credits over several years.

Because the local government has not been able to secure the bridge financing to pursue the $9.2M in funds approved in 2016 by the United States Department of Agriculture for this project, the Guam Legislature must seek alternative measures to secure the funding.

The legislation will cap the government's tax credits at no more than $2.3M annually, up to four years, interest free.

  • NEWS HEADLINESMore>>

  • UOG organizers say only ballot candidates may debate

    UOG organizers say only ballot candidates may debate

    It's a no-go for the Aguon Limtiaco Team hoping to be able to participate in next week's Great Debate. This morning Senator Frank Aguon Jr. wrote a letter to UOG President Thomas Krise officially requesting that he and his running mate Alicia Limtiaco be More >>
    It's a no-go for the Aguon Limtiaco Team hoping to be able to participate in next week's Great Debate. This morning Senator Frank Aguon Jr. wrote a letter to UOG President Thomas Krise officially requesting that he and his running mate Alicia Limtiaco be More >>
  • Deceased Capuchin priest named in clergy sexual abuse lawsuit

    Deceased Capuchin priest named in clergy sexual abuse lawsuit

    A recently deceased Capuchin priest is named in the latest lawsuit filed in the District Court of Guam. Father George Maddock passed away late last month at the age of 81. The plaintiff, identified only by his initials L.J.A. to protect his privacy, allegMore >>
    A recently deceased Capuchin priest is named in the latest lawsuit filed in the District Court of Guam. Father George Maddock passed away late last month at the age of 81. The plaintiff, identified only by his initials L.J.A. to protect his privacy, allegMore >>
  • Should Frank Aguon be allowed to debate?

    Should Frank Aguon be allowed to debate?

    Senator Frank Aguon, Jr. has written a letter to UOG President Dr. Thomas Krise, officially requesting for him and Alicia Limtiaco to be allowed to participate in next Tuesday's Great Debate. The two have officially announced their write in candidacy for More >>
    Senator Frank Aguon, Jr. has written a letter to UOG President Dr. Thomas Krise, officially requesting for him and Alicia Limtiaco to be allowed to participate in next Tuesday's Great Debate. The two have officially announced their write in candidacy for More >>
Powered by Frankly