V.I. Economic Development Authority and Subsidiaries to Hold Hearings, Meetings on March 8

The U.S. Virgin Islands Economic Development Authority (USVIEDA) has announced the following:

A Public Hearing for the V.I. Economic Development Commission (VIEDC), a subsidiary of the U.S. Virgin USVIEDA, will be held at 9 a.m., Thursday, March 8, on an application regarding Margaritaville Vacation Club by Wyndham Inc., (Full-Time Employment Waiver), according to a press release from the USVIEDA. The beneficiary of the VIEDC Tax Incentive Program is located on St. Thomas, USVI.  

This public hearing will be conducted at 8000 Nisky Shopping Center, 2nd floor, Suite No. 620, St. Thomas and via video conference feed to the William D. Roebuck Industrial Park at No. 4 Negro Bay, Building No. 2, Frederiksted, St. Croix.

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: Chief Executive Officer of the U.S. Virgin Islands Economic Development Authority, No. 116 King St., Frederiksted, St. Croix 00841 or to 8000 Nisky Shopping Center, Suite No. 620, St. Thomas, USVI 00802. Fax: 774-8106.

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Governing Board Meetings: a decision meeting will immediately follow the public hearing for the VIEDC on compliance matters regarding the following beneficiaries of the VIEDC Tax Incentive Program:

  1. Margaritaville Vacation Club by Wyndham Inc. (Full-Time Employment Waiver);
  2. Pelican Cove Investments LLC (Resolution of Non-Compliance);
  3. Croix Renaissance Group LLP (Resolution of Non-Compliance);

and VIEDC application matters for other businesses.

Other Matters: Decision meetings will also be held for the Economic Development Bank and the Enterprise Zone Commission, according to Wayne L. Biggs Jr., acting chief executive officer of VIEDA.

These meetings will be held at the same locations as the public hearing after 9 a.m., Thursday, March 8.

The USVIEDA Board of Directors and its subsidiary boards may go into executive session with respect to any decision at any time during the meetings.

For more information, contact the USVIEDA office on St. Croix at the address above; call 773-6499 or fax 773-7701. Contact the USVIEDA office on St. Thomas the address above; call 714-1700, or fax 777-1103. 

If there is difficulty in contacting the USVIEDA office on St. Croix, the general public is encouraged to contact the USVIEDA office on St. Thomas.

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