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CDA affirms suspension of CUC payments

Understanding the cash-flow situation of the Commonwealth Utilities Corp., coupled with the potential ripple effects of continued power rate hikes, the Commonwealth Development Authority agreed to suspend any payments from CUC relating to the millions of preferred stocks and...
Posted On Mar 27 2014 14:10
, By Moneth G. Deposa

Arctic Circle, CDA finally ink 1-year repayment deal

After months of negotiations, a memorandum of agreement was finally hammered out between the Commonwealth Development Authority and Arctic Circle Air Co. CDA executive director Manuel Sablan disclosed yesterday that both parties recently inked an agreement stipulating a one-year...
Posted On Mar 27 2014 14:09
, By Moneth G. Deposa

Judge: OAG need not produce door taken from La Fiesta

Superior Court Associate Judge Joseph N. Camacho allowed yesterday the Office of the Attorney General not to produce during the trial of Joseph A. Crisostomo the actual metal door that was collected from the former La Fiesta Mall and sent to the Federal Bureau of Investigation....
Posted On Mar 27 2014 14:09
, By Ferdie De La Torre

Agulto thanks Tebuteb for support on funds for Kagman road repairs

Precinct 5 Rep. Antonio R. Agulto (Ind-Saipan) wrote yesterday to Rep. Ramon Tebuteb (Ind-Saipan), indicating his support for House Local Bill 18-51, which the latter introduced. HLB 18-51 seeks the appropriation of $2.72 million, including $600,000 in bond funds, for several...
Posted On Mar 27 2014 14:09
, By Jayson Camacho
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//March 27, 2014

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