Establishment of Recycling Enterprise Zone

There is established a “Recycling Enterprise Zone” at the Jose D. Leon Guerrero Commercial Port for use by recycling companies for the processing of automobiles, trucks and tires for recycling purposes, and the transshipment of recyclable materials.

(a)The size of the zone and its site on the JLGCP property shall be designated by the Board of Directors of the Port Authority of Guam and guided by the provisions of Section 7.1.4 of the Integrated Solid Waste Management Plan.

(b)Such designation shall be made within sixty

(60)days of the enactment hereof and the site shall be made available for lease to eligible recycling companies.

(c)The Board of Directors of the Port Authority of Guam shall determine and charge a reasonable rate for the lease of said property.