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EDC Show Cause Hearing to be held on December 10

CHARLOTTE AMALIE, St. Thomas, U.S. Virgin Islands – December 7, 2015 – The V.I. Economic Development Authority (VIEDA) announces that a public hearing to show cause by the Economic Development Commission is scheduled for Thursday, December 10, 2015 at 9AM in the boardroom of the VIEDA’s office at 8000 Nisky Shopping Center, Suite 620, St. Thomas, USVI; and via video conference feed at the William D. Roebuck Economic Development Park, No. 4 Negro Bay, Building No. 2, in Frederiksted, St. Croix, USVI.

The following businesses are scheduled for the Show Cause Hearing on their certificate regarding tax exemption benefits: Intrepid Investment, LLC and QT Investment Managers, LLLP. Representatives of these companies will show cause why their tax exemption benefits should not be revoked, suspended, or modified for alleged violations of their Economic Development Commission Certificate (formerly the Industrial Development Commission or IDC).

Any interested person(s) may appear and be heard provided that a written statement is submitted to the Chief Executive Officer of the V.I. Economic Development Authority at least one (1) day prior to the hearing at the office of the U.S. Virgin Islands Economic Development Authority, No. 116 King St., Frederiksted, St. Croix, USVI. St. Croix Office Tel. No. 340-773-6499; Facsimile No.: 340-773-7701.

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