Port Authority of Guam
   
Action Item: Issues or Concerns presently addressing:

-    Funding/Financing Requirements for proposed projects outlined in Draft Master Plan           
-    Submission for FY 2010 Executive Budget (OMB)
-    Cost negotiations for the Financial Feasibility Plan have been completed, a Notice to Proceed will be issued to PBI upon receipt of the Notice of Grant Award from the Office of the Governor / GEDCA

Specific deliverables

-    Master Plan anticipated to be finalized for submission by April 2008 (Deadline for comments was Wednesday, March 19, 2008.)
-    Management presented the Port Master Plan summary at the recent Guam Hotel and Restaurant Association meeting
-    A draft MOU between the PAG and MARAD is being reviewed, discussions held with the Hawaii Department of Transportation regarding their experiences with MARAD and the types and level of support with Hawaii projects. Broached the possibility of PAG attaining designation as a strategic seaport.

Events / activities your sub-committee is involved with respect to the buildup

-    Next Ports & Customs Subcommittee meeting – March 26, 2008

    Guam International Airport Authority
       Nothing to Report

    Guam Customs & Quarantine Agency
    Nothing to Report