PUBLIC LANDS TRUST LEASE AGREEMENTPublic Lands Trust Lease Agreement • October 9th, 2009 • Micronesia
This Lease Agreement is entered into this day of , 2007, by and between the Board of Trustees of the Pohnpei Public Lands Trust whose address is P.O. Box 158, Kolonia, Pohnpei FM 96941, hereinafter referred to as “LESSOR”. And the Commission for Conservation and Management of Highly Migratory Fish Stock in the Western and Central Pacific Ocean, hereinafter (Tuna Commission), a Commission established by International Treaty and registered with the United Nations, and whose address is P.O. Box 2356, Kolonia Town, Pohnpei FM 96941, hereinafter referred to as “LESSEE”. This lease agreement (hereinafter “Lease”) is executed pursuant to the authority of Pohnpei State Law (D.L.) No. 4L-153-78, as amended, (Leases and land use agreements on public trust lands), S.L. No. 1L-155-87 (Public Lands Act of 1987), and S.L. No. 5L-82-02, as amended (designating certain public lands trust for lease to the Commission).
