/S/ Pesae Gr esnsr des ' tides Vacpeoty Perron pedtanss tag eobabaggand ternan Cinta Mawes Authority, iM ea Zh 4 - ‘. - : o - © : he > . of the Virgin IMacds (8 H5.C. Phtshn, as amended, is furthes wincnded by numbering the existing pargeaph SOY and by the iihdition Chercto of the following: new paaageaph: "W2) Subject to valid esatiog sights. ile to all propeaty inthe Virpin bshonds which inay have been acquired by the United States See 40) da Subsection (bt of seetien 4 of the Revised Ocpganic Act TITLE IN) -VERGIN ISLANDS bomdsorathes obligations he guarantees... a: of the Guam Power Authority issued to redinance the principal pmaunt of the obligations gusranteed andes the filth sentence of this section ‘The obligations that refinance such principal inertial shall mature eet later than December J), 1990, nad shall bear interest at a rate determined in accordance with section & of the Federal Finanejay: Hank Act l2 US2284) Should the Guam Power Autharily tail to pay in full any iustaliment of interest ox principal whea dar on the fonds ov other obligations ganranteed under Uhis section, the Seccetary of the Terasury, upon aatice Comthe Secretary shatl deduct and pory to the Fedak Financed * Bank or the Secactary, according ta (hei sespective intevests, such unpaid amounts from sums collected and payable pursuant to section JO of this Act (IK WSC, 2h Notwithstanding any other provision of law, Acts making apprapetations may provide for the withholding: uf any payments fron the United States to the gavesamwent of Guam which may be ar ma become due pursuant fa any bow aml offset Ihe amount af euch withheld payments aggaiost any Cain the United States may Nee against dhe government of Guan os the Guan Power Authority pursund to this gua santee For the purpose of this Act, wader section HOG af (he Hevised Statutes CHOU S ©. lp the tevin ‘pecson’ inchides the governinerd of Girny ond the Guam Power Authority. ‘the by the Federal Finawing Bank ander the fifth sentence of this section by December 31, 1880, nny, with the concurrence of the Secactary of the Treasury, gaarantee for purchase by the Federal Finwnciag: Dank; and such bank is authorized lo purchase, obligations “The Secretary, upon determining that the Guam Pawer Authavily in unable tovefinance on ceasonable (evms the oldigations purchased the word: “Pecember 3b, (O80, and sulstituding the following Rinsuge ansageer. She 103 Section Hoof the Organic Act of Guam (i) Stat ty, 48 SC) (tad, as amended, is hereby amended by deleting all after trol advanced bey dhe Podted States andes this Act”. available to the povernment of Gaiam purssint to this Act shalt be credited as selnbucseieent payments by Guana on the geincigal nection Abad dhe said Ooganic Act as interest on the amounts made “United States” and delete (he words “with interest as sed footh below." and (2) alter paurageaph toh of section |b, delete the fist paragraph belore section 4 and insert in lieu thereol: “AM amounts heretofore withhedd frome saacollected pursuant a (1) ia the first sentence of section 38, delete the comma after sre 102 The Act of November 4, HMEE(TT Stat. 402), to provide for the rehabitiostion of Guam, and for other purposes, is hereby amended ns follows: PUERCO LAW si 205 - MARL Pe, THKG aie Denmack andes the Couvcation enfeced into Adgust $6, 1916, oekerved on eetaived by the United States im aceerdance with the o 4 OPT BR MATE PA, Poko Woardere deAsssced precge ety Q4TPAT. RY ‘Moms, Virgin Istands, to the gat wk . * . . + ‘ panecacnQupase esibpal dhe Revised Oa yuimie Actol the Virgin Petia.” , “™ wise he paid to the povesmment of the Viopia fstanidds cdea section requisite amaunts fram maneys andes his canteol that would othed- powers sonsvernad of Uae: Vin geian Ustienals tes he bendess with the ageeed pon infrecs? Shoudd there be any delay in the government of the Virgin the Islands’ snaking: such repayment, the Secactary shill deduct onds or other oblipations issued by the goverment of the Virgin Istnuts pursoant to this section shall be repait imunediately Loy dee f October 1, MEE After October 1, PYRE, mony cred abated pacedo thereat the fallowing bangwage: “Ne comaaitawnt lo guarantee aiey be issued by the Secelary and ne puarantecd bat anobdigated lands any he ahligated hy the goverment of the Virgin b istedds colder Ro nithorize the povernment of the Virgin Istoads to issssenes Gocnenebss boa anticipation of pevenue receipts aml to nuthorvize Che guarantee of euch bends by the United States under ¢pecified conditions, and tos Ebb os eet dawn prise poses” 0 Stat PEI: Public Lae Ob 092, 4H US CEST hie a Act to Sree 407 Subsection Daf eection 2 of the Act entitled “An Government of the Virgin Islands is located), 42 OH Nore Gade, St United States in and da the property known as the former District Court Hoilding Ginchediag the parcel of tand apon whieh subd Laahadonnyg this Act, the Adininistratar of the General Sepvices Achasievistssdaon of the shall convey, without consideration, all vight, title, and interest commodities subject ta said tas are brought into the Virgin Ustiands Cee di Not bates than two yenrs after Che date of enactaveid of saad Istaads say dlicret as soon as Uhe onfiches, poods, merchandise, Sie. 401. Subsection dd) of section 4 of Public daw 95 20H 2 Stad AKT, (dis heachy cegeated. Ger 405 Any excise taxes levied by the Legislature af the Virgin Isdneeds nay be bevied and coflected ag the Legistature of the Virgin 1979, is heveby repealed cost af collecting such duties, daxes and feer as may ber dineeddy a ulleibutable (as cectified by the Canptroltes of the Viegin besdasnachs) 962. Via. the importation of petroleum products until Famuary 0, purse: raided, That any other selained costs not hesctofore sennitdedd to semitled ely imunediat be shall 1978, EB, August of Act nat ta the praviathe wny indiogg ayatwithist Estands the Vreasury af dhe Viegein sian of baw.” the (hd The parageaph entitled “US Castanss Service” bnvabving 25, duly of Act the in bslands Viegin inthe collection of customs duties Jt Vi dike? bspsesbn, bstpensansae: Op eeenda-e pouprety. Ghrde det Conael Phesibebiany: nek Esciee tanen an ues’ o674 anarle 1 Saat 122 qh Ud’ 1G42a GR G64: badd He pral #2 Hana 47 “anal posatanneeli- SH UENO $042 Virgin Islands is amended dy inserting aftes (he wasds “thess the following: the bias.” Virgin ration fees collected te the Ser AEE dad Subsection 28a) of (he Revised Orgame Act at the by Act of extension, renewal, o@ ecnepatiation 1s apace ically approved Congress. tien ad the proposed Saint Croix ansuany sagon piryenucest by the goverment ol the Virgin tstiands af the conpbe-DcunncDsang gre dene bgoced buscons such len aces Sere 402 Noextonsion, seaewal, os renegaticl ion sd Che lease of peal waperty on Water Island inthe Vierin bliads to which the United States is a party may he entered tito belo Lith! wales: seach the thortpope dated January 26, Pee, piven bs the freemen afl Virgin Intends to the Adimiisisteatos of the Coecseea cab Sere wae arn Achenstanes: tae: hration, approxteately ten acces of sich anes tye spread Vinee doe conte (ob) The General Services Administeation shatl release from the Har thee Viagtin Estands gover nanent provisions of Public Law G1 445 (FR Stat Preis heeeby Consens PUBEAC LAW Go Zon