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Guam senators debate floor substitute to expand financing and predevelopment uses for Simon A. Sanchez High School
Summary
Senator Duane moved to substitute Bill 23538 to clarify that a portion of the FY2025 net unobligated general fund revenue balance may fund leaseback and predevelopment costs for Simon A. Sanchez High School and to explicitly align the project with federal financing mechanisms; several senators objected, citing open‑government and procurement concerns, and the presiding officer recessed the session for further review.
Sen. Duane moved on the floor to accept a substituted version of Bill 23538 that would amend existing financing language to allow use of a portion of the FY2025 net unobligated general fund revenue balance for leaseback payments and related predevelopment expenses for the Simon A. Sanchez High School project.
"This substitute bill is about making sure that we are not leaving financing options off the table," Sen. Duane said, arguing the change would make the legislature's intent clearer to outside partners and federal financing programs such as "EB‑5 and other recognized federal financing mechanisms" and would help secure the best possible financing deal while keeping the project moving.
Duane told colleagues the amendment would let the government use funds not only…
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