GBB: Financial plan on target


District Court Chief Judge Frances Tydingco-Gatewood refused to hear an arguments on several motions to reconsider her decision to extend the federal receivership to June 2018.

Guam – With the receivership near its end, District Court Cheif Judge Frances Tydingco-Gatewood made it clear to all parties “that issues should be tackled not personalities.” This is in reference to two motions for reconsideration which according to Judge Tydingco-Gatewood contained mis-statements of record. She stated, “when I see a mistake I don’t appreciate that. It must be substantiated by accurate statement of facts. I will not hear anything on these motions.”

In light of this, Tydingco-Gatewood urged the parties to go back and review the record to determine if they stand by their motion for reconsideration or if the parties would like to make and amendment to the motions.

She also advised the Guam Solid Waste Board of Directors that the supplemental status report they filed was in violation of civil local rules, further advising the Board that the report would be disregarded by the court.

Judge Tydingco-Gatewood did address the financial report filed by the receiver. The latest report includes the funding of additional projects such as Dero Road, the Resident transfer Stations, Post Closure of Ordot Dump, Landfill Gas mitigation and the closure costs of cells at Layon Landfill. According to the receiver’s principal associate David Manning, the fund balance is healthy and on target with the Financial plan of 2016.

The court was also informed that a Comptroller has been hired to handle the finances, his name is Enrique Binas, and he will be arriving on Guam on January 2, 2017.

The next hearing has been set for February 14, 2018.

SOURCEJolene Toves
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Jolene Toves
Jolene joined the PNC team in 2017, as a producer, co-anchor and investigative reporter covering law enforcement, courts and crimes. Notable coverage includes the Ehlert case, the Mark Torre Jr. trial, the Allan Agababa trial, exclusive pieces on the Life of a Drug Dealer/Addict, and Life behind bars...the story of Honofre Chargualaf and Kevin Cruz. In 2019, she was promoted to Assistant News Director and Lead Anchor. From 2015 to 2017 she served as Public Relations and Promotions Manager, for the Hotel Nikko Guam handling local radio and advertorial promotions, as well as produced and directed tv commercials for the hotel. Prior to this she worked with KUAM for three years as a reporter and segment host. She began her journalism career in 2012, working with Glimpses of Guam contributing to the Guam Business Magazine, R&R magazine, MDM magazine and the Marianas Business Journal.