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HomeNewsLocal governmentGoverning Board Decision Meetings for VIEDC, EDB, EZC Scheduled

Governing Board Decision Meetings for VIEDC, EDB, EZC Scheduled

U.S. Virgin Islands Economic Development Authority

The U.S. Virgin Islands Economic Development Authority (USVIEDA) has announced that a public hearing for the Virgin Islands Economic Development Commission (VIEDC), a subsidiary entity of USVIEDA, will be held at 9 a.m., Thursday, Jan. 25.

It will be conducted at 8000 Nisky Shopping Center, 2nd floor, Suite No. 620, St. Thomas, via video conference feed to the William D. Roebuck Industrial Park at No. 4 Negro Bay, Building No. 2, Frederiksted, St. Croix, on applications from the following businesses:

    Tecoma Asset Management LLC (Employment Waiver)

    Professional Holding Company VI LLC (Employment/Charitable Contribution Waiver).  

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All interested persons are notified in accordance with Virgin Islands law.

Any person, firm or corporation interested in the approval or disapproval of the application may appear and be heard provided that a written statement is submitted at least one day prior to the hearing to the Chief Executive Officer of the U.S. Virgin Islands Economic Development Authority at No. 116 King St., Frederiksted, St. Croix, USVI 00840; or via fax to 773-7701; or at 8000 Nisky Shopping Center, Suite No. 620, St. Thomas, USVI 00802; or via fax at 774-8106.

A governing board decision meeting will immediately follow the public hearing for the Virgin Islands Economic Development Commission (VIEDC) on compliance matters for:

    Impact Technologies VI, Inc. (Charitable Contribution Extension)

    Professional Holding Company VI, LLC (Employment/Charitable Contribution Waiver)

    St. Thomas Health Care Management, Inc. (Resolution of Non-Compliance)

    Tecoma Asset Management, LLC (Employment Waiver).

The VIEDC Applications Division will present legal and other administrative matters for discussion with the board.

Other Matters: Representatives from the Economic Development Bank (EDB) will also be reporting to the board on actions taken on accounts.  The annual meeting for the Enterprise Zone Commission (EZC) will also be held as required by law.

These meetings will be held at the same locations as the public hearing after 9 a.m. on Jan. 25, 2018.

Be advised that the USVIEDA Board of Directors and its subsidiary board(s) may go into executive session with respect to any decision at any time during the meetings.

For more information, contact the USVIEDA at: No. 116 King St., Frederiksted, St. Croix, VI 00840; Tel. No.: 773-6499, fax: 773-7701; or 8000 Nisky Shopping Center, Suite No. 620, St. Thomas, VI 00802; Tel. No.:  714-1700, fax: 777-1103.

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