Landowners being compensated
<span style="font-family: Arial, sans-serif; font-size: 12.222222328186px; line-height: 13.7999992370605px;">Original land owners and their heirs will finally be getting compensated for land that was taken for use by the Government of Guam. </span>
June 27, 2014Updated: June 27, 2014
By KUAM News
By KUAM News by Ken Quintanilla
Guam - Original land owners and their heirs will finally be getting compensated for land that was taken for use by the Government of Guam. The announcement follows the completion of an inventory of Guam Ancestral Lands Commission and Chamorro Land Trust Commission leased properties. The assessment resulted in a valuation of $400 million. According to the Governor's Office land owners and their heirs will basically receive rent from businesses leasing land from the Ancestral Lands Commission deemed "Spanish Crown Lands". These are properties that were ceded to the United States by Spain in the 1898 treaty of Paris. Lease from these lands have been placed into a savings account which now totals about $3.2 million. Before payments can be made however, rules and regulations must be approved through a legal process. The recipients will be the heirs of original landowners, whose land was taken by the Government of Guam for public use. This includes land taken for roads, parks, and the airport.
Guam - Original land owners and their heirs will finally be getting compensated for land that was taken for use by the Government of Guam. The announcement follows the completion of an inventory of Guam Ancestral Lands Commission and Chamorro Land Trust Commission leased properties. The assessment resulted in a valuation of $400 million. According to the Governor's Office land owners and their heirs will basically receive rent from businesses leasing land from the Ancestral Lands Commission deemed "Spanish Crown Lands". These are properties that were ceded to the United States by Spain in the 1898 treaty of Paris. Lease from these lands have been placed into a savings account which now totals about $3.2 million. Before payments can be made however, rules and regulations must be approved through a legal process. The recipients will be the heirs of original landowners, whose land was taken by the Government of Guam for public use. This includes land taken for roads, parks, and the airport.