Funding; Reports and Budget Requests

(a)[No text]

(1)The Task Force shall develop a budget for the Task Force work, which shall be forwarded to I Maga’hågan/Maga’låhen Guåhan and I Liheslaturan Guåhan for consideration.

(2)The Task Force shall also consider pursuing federal grants that may be available to support the completion of the Southern Development Master Plan, and that are consistent with the provisions of this Article.

(3)Nothing in this Article shall prohibit the Task Force from sharing the costs associated with the development of the Southern Development Master Plan with entities of the government of Guam, the U.S. military, or the U.S. federal government.

(b)The Chairperson of the Task Force shall be responsible for developing a set of written guidelines to control the expenditure of said budget.

(1)A report, detailing expenditure, shall be appended to the final Southern Development Master Plan of the Task Force.

(2)Said report shall be audited and approved by the Bureau of Budget and Management Research.

(3)No later than

(6)six months following the enactment of this Act, the Task Force shall submit, together with the budget required herein, a preliminary Action Plan that must include, but not be limited to, a project schedule and the identification of funding options, if any.

(4)A status report summarizing the actions of the Task Force shall be submitted to I Maga’hågan/Maga’låhen Guåhan and I Liheslaturan Guåhan every three

(3)months following the submission of the preliminary Action Plan and proposed budget, until such time the Southern Development Master Plan is submitted to I Liheslaturan Guåhan pursuant to § 68604 of this Article.