Sale of Bonds

Bonds authorized to be issued under this Article shall be sold by the Authority for cash, in accordance with the provisions of a resolution COL1312018 CH. 10 PORT AUTHORITY OF GUAM providing for such sale adopted by the Board. The bonds may be sold at either public or private sale, and upon such terms and conditions as shall be authorized by the Board, which may provide that the bonds may be sold at lesser or greater than their par or face value.