Public Hearing for Virgin Islands Economic Development Commission set for October 16

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VIEDC Board to hear presentations on tax incentive applications from two businesses, one compliance matter

CHARLOTTE AMALIE, St. Thomas, U.S. Virgin Islands – St. Thomas, U.S. Virgin Islands – October 12, 2018 – Kamal I. Latham, chief executive officer of the U.S. Virgin Islands Economic Development Authority (USVIEDA), announces the following:

Public Hearing:  A public hearing for the Virgin Islands Economic Development Commission (“VIEDC”), a subsidiary entity of the U.S. Virgin Islands Economic Development Authority (“USVIEDA”), will be held at 9 A.M. on Tuesday, October 16, 2018.  

This hearing will be conducted via video conference feed between 8000 Nisky Shopping Center, 2nd Fl., Suite No. 620, St. Thomas, USVI; and the William D. Roebuck Industrial Park at No. 4 Negro Bay, Building No. 2, Frederiksted, St. Croix, USVI, on application and compliance matters for the following businesses:

APPLICATION MATTERS:

NO.

NAME:

TYPE  OF APPLICATION:

BUSINESS  LOCATION:

1.

Tropico Management, LP

 Extension Application

St. Thomas

2.

YHG Hotel, LLC

New Application

St. Thomas

COMPLIANCE MATTERS:

No.

NAME:

TYPE  OF PETITION:

BUSINESS  LOCATION:

1.

Westin St. John Hotel Company, Inc.

Full-Time Employment Waiver; Standard Conditions and Charitable Contributions

St. John

 

Any person, firm or corporation interested in the approval or disapproval of an application may appear and be heard provided that a written statement is submitted at least one (1) day prior to the hearing to the Chief Executive Officer of the U.S. Virgin Islands Economic Development Authority at 8000 Nisky Shopping Center, 2nd Fl., Suite No. 620, St. Thomas, USVI; or at No. 116 King St., Frederiksted, St. Croix 00841 or at 8000 Nisky Shopping Center, Suite No. 620, St. Thomas, USVI 00802; or via facsimile to 340-773-7701; or via facsimile at 340-774-8106.

For more information, contact the VIEDC on St. Thomas on 340-714-1700; or on St. Croix at 340-773-6499.

 

About the U.S. Virgin Islands Economic Development Authority.   The U.S. Virgin Islands Economic Development Authority (USVIEDA) is a semi-autonomous governmental instrumentality [of the Government of the Virgin Islands] that was created on February 1, 2001.  It is responsible for the promotion and enhancement of economic development of the United States Virgin Islands. The USVIEDA assumes, integrates and unifies the functions of these four entities:  Economic Development Commission, Virgin Islands Economic Development Park Corporation, Economic Development Bank and the Enterprise Zone Commission.  The USVIEDA accomplishes its mission by attracting multi-national investors to the Territory to establish or relocate their business in the U.S. Virgin Islands.  It also provides financial assistance for new and existing small to medium-sized businesses in the Territory and assists V.I. residents and business owners with rehabilitating their properties located in blighted and distressed areas that were once vibrant economic centers of activity in the Territory.  Learn more about the USVIEDA at www.usvieda.org; or send an email to info@usvieda.org .

 

 

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