These funds, which are a part of the American Recovery and Reinvestment Act of 2009, will go toward the closure of the Ordot dump and the opening of a new landfill in Layon.
Joseph Diego, area director for USDA Rural Development, will submit these documents to Washington, D.C. for review.
The USDA will determine the amount to be awarded to Guam in a grant and loan combination.
“I have worked very closely with Mr. Diego as well as [Guam Economic Development Authority] Administrator Tony Blaz,” said Gov. Felix P. Camacho. “We are doing all we can to secure a funding source to solve a long-standing problem.”
In addition, the governor has asked the secretary of agriculture to designate Guam as a Substantially Underserved Trust Area, which would increase Guam’s chances of receiving the loan at a lower interest rate.
“Other applications are being submitted to the USDA,” said Camacho. “GWA will submit a multi-phase loan application in an amount totaling $29 million and the Port Authority of Guam will submit an application for the amount of $50 million. This brings the total amount requested to $249 million.”
