CHARLOTTE AMALIE, St. Thomas, U.S. Virgin Islands – February 23, 2024 — Wayne L. Biggs, Jr., chief executive officer of the Virgin Islands Economic Development Authority (VIEDA), announces that a Public Hearing is scheduled for the Virgin Islands Economic Development Commission (VIEDC), a subsidiary of the VIEDA, at 9:00 a.m. on Tuesday, February 27, 2024.
During the Public Hearing, the Board of Directors will hear testimonies from two (2) new companies seeking VIEDC tax incentives on the island of St. Thomas, listed below:
Achilles Consulting, LLC, operating as a Category IV Designated Services Business for management and consulting services; and
Smith Fancy, LLC, pursuing benefits as a Category III hotel/guesthouse for the construction and development of a boutique hotel.
Following the Public Hearing, Decision Meetings will be held for VIEDA, VIEDC application matters, and the Enterprise Zone Commission (EZC).
The Board of Directors may enter executive session regarding any decision during the meetings, as stipulated in 1 V.I.C. § 254.
This meeting will be conducted via Zoom, a software-based platform for video and audio communications.
Registration is required to participate in the Board meeting. Interested individuals are invited to register in advance and join the meeting, via Zoom, through the following link:
https://us02web.zoom.us/meeting/register/tZAldeihrj4rEtzED3oWE21L8kDvw09...
Upon registration, individuals will receive a confirmation email containing meeting access details. Registrants are reminded not to share their access link, as each participant must register individually.
For updates on Board meeting agendas, please refer to the VIEDA website at www.usvieda.org/about-usvieda/board-directors/board-meeting-agenda
After the meeting, summaries of the Board's decisions will be made available to the public on the VIEDA website at https://usvieda.org/about-usvieda/board-directors/board-meeting-summarie...
“The Bryan-Roach Administration is investing in the Territory’s people, infrastructure and future through transparency, stabilizing the economy, restoring trust in the government and ensuring that recovery projects are completed as quickly as possible. Visit http://transparency.vi.gov .”