Licensing Agreement for Tiyan Gymnasium to Guam Basketball Confederation

The Department of Parks and Recreation and the Guam Basketball Confederation shall enter into a license agreement for the improvement, rehabilitation and maintenance of the Tiyan Gymnasium for a period of ten

(10)years, in accordance with the provisions of the Memorandum of Understanding entered into by the Guam Basketball Confederation and the Department of Parks and Recreation on November 21, 2013. If at any time the Guam Basketball Confederation does not comply with any provision of the Memorandum of Understanding, the license shall be null and void, and management of the property shall revert solely to the Department of Parks and Recreation.