BY RIANNE PEREDO
The Harmon Industrial Park road repair project is ahead of schedule, with the first phase on its way to completion this month instead of the originally scheduled August date.
Thomas G. Shimizu, general manager of Ambros Inc., said the project came in under budget. “We are just asking [the Legislature] to take that money that is budgeted to improve more of the roads inside of the Industrial Park. We’re not asking them to spend more, we’re just asking them to change the scope of work.”
The proposal by Frank S.N. Shimizu, CEO of Ambros Inc. and chairman of the Harmon Industrial Park Association, wants to use business privilege tax or excise tax credits, which would not exceed $1 million and $3 million, respectively.
Businesses within the industrial park that cover the costs associated with the project receive tax credits in exchange. (See “Harmon Industrial Park road repair project set to begin” in the Oct. 28, 2019 issue of the Journal.)
A public hearing regarding the project was held by the 35th Guam Legislature on May 20. Representatives from businesses located in HIP agreed that the road improvements have positively affected employee commutes, as well as reduced the risk of damage to their vehicles due to pot holes.
Some of the testimonies provided were by Monty A. McDowell, CEO/principal broker of Advance Management Inc. and vice chairman of HIPA; Frank G. Shimizu Jr., export manager of Ambros Inc.; Simon A. Sanchez, vice president and general manager of Guam Dry Cleaners; and Steven Carrera, general counsel for IT&E –– all of their companies do business in the industrial park.
According to Mark J. Mamczarz, vice president of finance of Black Construction Corp., tax credits totaling $2.9 million were used, and $1.1 million is left. Fuel excise taxes could be a possibility for funding.
“With the remaining funds, what the association is hopeful of doing is actually to apportion those funds to the adjoining streets. There’s seven main roadways that lead off the main Harmon Industrial strip and we intend to use those funds to mill and pave the balance of those streets,” said Leonard K. Kaae, senior vice president and general manager of Black Construction Corp. Kaae also said resurfacing and maintenance of the roads was necessary to prevent further degradation.
Prior to the public hearing, Shimizu was hopeful about the outcome because of the significance of the roadway. “It’s almost like the lifeline of Guam –– there are a lot of businesses that operate in the park that supply the hotels, restaurants [and] the airlines. The way the road conditions are, it’s becoming so efficient because it would take –– from inside the park to Marine Drive — 45 minutes. Now it’s much better.” mbj