Same: Use of Fund Moneys

The moneys in the Fund are to be used by the Guam Economic Development Authority as part of a joint program with the Department of Agriculture to aid in the development or subsidization of poultry, pork COL120106 CH. 52 AGRICULTURAL DEVELOPMENT FUND and beef production, agricultural products, processing plants and equipment loans. This development will be wholly on the basis of a private enterprise, and government land will be used only when it is readily available and suitable, privately owned land to be utilized wherever possible.