Definitions

For purposes of this Chapter and unless otherwise specified, the following words and phrases are defined to mean:

(a)Contract shall mean the design, construction and financing contract entered into by and between the Education Agency and the Contractor.

(b)Contractor shall mean the contractor to the government of Guam on Okkodo High School, or a separate non-profit affiliated entity of the Contractor, which shall be the signatory on the Contract and shall be fully responsible for carrying out the design, construction, financing and maintenance of the Education Facility. The Contractor may cooperate with another entity or entities in any manner the Contractor deems appropriate to provide for the financing, design, construction or maintenance of the public school facilities envisioned by this Act. COL372014 CH. 58B – EXPANSION OF OKKODO HIGH SCHOOL

(c)Education Agency shall mean the Guam Department of Education.

(d)Education Facility as used in this Act shall mean the additions and improvements to be located at Okkodo High School on Tract No. 11406 as prescribed in Section 3 of Public Law 30178, with the total cost of such project not to exceed Twenty-One Million Eight Hundred Eighteen Thousand Dollars ($21,818,000).

(e)Lease shall mean a lease from an Education Agency to the Contractor entered into at the time of the Contract for the Property.

(f)Lease-Back shall mean the lease from the Contractor to the Education Agency.

(g)Lease-Back Period shall mean the term of the lease from the Contractor to the Education Agency.

(h)Property shall mean any property on which an Education Facility is located.