Liberation Day Carnival

(a)Whenever the Guam Island Fair is to be held in a location other than the Hagåtña Paseo grounds, then any Civic Organization, as provided herein, may sponsor a Liberation Day Carnival for the same duration as the Guam Island Fair. In this instance, the Mayors’ Council shall appoint a Liberation Day Carnival committee to plan and make appropriate arrangements for the celebration of this Carnival. The Committee shall be composed of members of patriotic, religious, or other civic organizations.

(b)In the event the Guam Island Fair is not held at the Hagåtña Paseo grounds, then the sponsoring organization may utilize the Hagåtña Paseo grounds to sponsor its own Liberation Day Carnival as provided herein. The responsible governmental agency or agencies shall issue a permit to the sponsoring organization to conduct the Liberation Day Carnival at the Hagåtña Paseo grounds. The provisions of law contained in CH. 10 HOLIDAYS, FESTIVITIES, TIME, ETC. §§ 64.62 and 64.70 of Title 9 of the Guam Code Annotated shall be applicable to the Liberation Day Carnival held at the Hagåtña Paseo grounds as provided herein.

(c)The net proceeds from the Liberation Day Carnival shall be divided in the following manner:

(1)The Mayors’ Council of Guam shall be entitled to retain fifty percent (50%) of the net proceeds and may convey any interest or portion thereof to any charitable organization; and

(2)Fifty percent (50%) of the net proceeds shall be held in trust by the Council and monies in this trust shall be donated to a charity or worthy public cause as the First Lady shall solely determine.

(3)The Mayors’ Council of Guam shall be subjected to an audit by the Public Auditor in calculating the net proceeds.

(d)Whenever the Guam Island Fair is to be held at the Hagåtña Paseo grounds, then such Fair will be consolidated with the Liberation Day Carnival as provided herein, and the sections pertaining to the Guam Island Fair shall apply.