Leased Government Land

If the government of Guam or the Guam Power Authority leases any land belonging to the government of Guam or the Guam Power Authority for alternate energy to private alternate energy suppliers for alternate energy related purposes, such lease shall be for the full fair market rental value of the land (based upon the value at the highest and best use) and contain provisions canceling the lease and reverting the land to the government of Guam or the Guam Power Authority if not developed for alternate energy purposes within CH. 8 GUAM POWER AUTHORITY three

(3)years, and canceling the lease and reverting the land to the government of Guam or the Guam Power Authority whenever the land is no longer being primarily utilized for alternate energy purposes.