80.3 F
Charlotte Amalie
Thursday, August 18, 2022
HomeNewsArchivesWAPA BOARD QUESTIONS LAND ACQUSITION

WAPA BOARD QUESTIONS LAND ACQUSITION

Oct. 31, 2002 – The VI Water and Power Authority board of directors met Thursday morning to discuss concerns over some $2.2 million used – without the board's approval — to buy land on St. Croix two years ago.
Chairwoman Carol Burke said the property, adjacent to the Richmond power plant and commonly referred to as Devcon, is the site of the former VI Cement and Building Products Inc.
WAPA intended to relocate its garage and warehouse to Devcon, which are currently housed in rental buildings. But the utility's administration went ahead with the purchase before consulting the governing board, prompting an investigation by its members.
"What we did today is had individual employees of WAPA who should've been involved, by nature of their job, in the transaction," Burke said of the report, which was given during executive session.
She said the intentions of the authority's administration were justified, but questionable "was the manner in which they carried it out, obligating the authority to $2.2 million without certain controls in place."
She said the results of the internal audit report will be revealed at the board's next meeting Nov. 21.
Board member and Licensing and Consumer Affairs Commissioner Andrew Rutnick called the land purchases "very interesting" and noted that additional actions not out of step with board policy appear to have transpired.
He mentioned environmental liability concerns and WAPA's leasing some areas of the property for as low as $10 per year.
Burke said the board did not discuss rate issues, and utility rates will remain in place for the time being.
Publisher's note : Like the St. Croix Source now? Find out how you can love us twice as much — and show your support for the islands' free and independent news voice… click here.

Print Friendly, PDF & Email
Keeping our community informed is our top priority.
If you have a news tip to share, please call or text us at 340-228-8784.




Support local + independent journalism in the U.S. Virgin Islands

Unlike many news organizations, we haven't put up a paywall – we want to keep our journalism as accessible as we can. Our independent journalism costs time, money and hard work to keep you informed, but we do it because we believe that it matters. We know that informed communities are empowered ones. If you appreciate our reporting and want to help make our future more secure, please consider donating.

FROM FACEBOOK

Comments Box SVG iconsUsed for the like, share, comment, and reaction icons
Load more
Oct. 31, 2002 – The VI Water and Power Authority board of directors met Thursday morning to discuss concerns over some $2.2 million used – without the board's approval -- to buy land on St. Croix two years ago.
Chairwoman Carol Burke said the property, adjacent to the Richmond power plant and commonly referred to as Devcon, is the site of the former VI Cement and Building Products Inc.
WAPA intended to relocate its garage and warehouse to Devcon, which are currently housed in rental buildings. But the utility's administration went ahead with the purchase before consulting the governing board, prompting an investigation by its members.
"What we did today is had individual employees of WAPA who should've been involved, by nature of their job, in the transaction," Burke said of the report, which was given during executive session.
She said the intentions of the authority's administration were justified, but questionable "was the manner in which they carried it out, obligating the authority to $2.2 million without certain controls in place."
She said the results of the internal audit report will be revealed at the board's next meeting Nov. 21.
Board member and Licensing and Consumer Affairs Commissioner Andrew Rutnick called the land purchases "very interesting" and noted that additional actions not out of step with board policy appear to have transpired.
He mentioned environmental liability concerns and WAPA's leasing some areas of the property for as low as $10 per year.
Burke said the board did not discuss rate issues, and utility rates will remain in place for the time being.
Publisher's note : Like the St. Croix Source now? Find out how you can love us twice as much -- and show your support for the islands' free and independent news voice... click here.