General Provisions

Upon the enactment of this Article, the Guam Economic Development Authority (>Corporation=) is hereby constituted as the Reuse Planning Committee and as the Local Redevelopment Authority to carry out both planning for the reuse of closed military bases, which are made available as a result of the BRAC >95 closures, and to act as the legal authority to implement the reuse plans, and thus shall have the powers set forth herein over any property it shall acquire by lease or deed, or to authorize other public entities to acquire title to the military base property,. subject to approval by I Liheslaturan Guåhan.