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V.I. Economic Development Authority’s Show Cause Hearing, Public Hearing, Governing Board Decision Meeting scheduled for July 24

CHARLOTTE AMALIE, St. Thomas, U.S. Virgin Islands – July 22, 2013 – Percival E. Clouden, Chief Executive of the V.I. Economic Development Authority, announces that the VIEDA’s Governing Board gives notice that a show cause hearing for the Economic Development Commission will be held on Wednesday, July 24, 2013 at 9:00 a.m. at the William D. Roebuck Industrial Park, Building No. 2, on St. Croix, U.S. Virgin Islands, on applications from two businesses for tax exemptions. Representatives from the businesses will show cause why their tax exemption benefits should not be revoked, suspended or modified for alleged violations of its Economic Development Commission Certificate. All interested persons are hereby notified in accordance with Section 722 Chapter 12 of Title 29, Virgin Islands Code, as amended.

A public hearing for the Economic Development Commission will also be held on Wednesday, July 24, 2013, following the show cause hearing, in the conference room of the William D. Roebuck Industrial Park, on applications submitted by three businesses. All interested persons are hereby notified in accordance with Section 717 Chapter 12 of Title 29, Virgin Islands Code, as amended.

Governing Board Decision Meetings will also be held by the VIEDA, the Economic Development Commission, the Government Development Bank, and the Enterprise Zone Commission, following the public hearing, in the conference room of the William D. Roebuck Industrial Park, on applications and matters which may be brought to the appropriate Board for action. All interested persons are hereby notified in accordance with Section 254 Chapter 15 of Title 1, Virgin Islands Code, as amended.

Please be advised that the EDA Board of Governors, and its subsidiary Boards, may go into executive session with respect to any decision at any time during the meetings as provided in Title 1 Virgin Islands Code Section 254(b).

For more information, contact the Economic Development Commission at No. 116 King St., Frederiksted, St. Croix, USVI 00840. St. Croix Office Tel. No.: 340-773-6499, Facsimile: 340-773-7701; or at 8000 Nisky Shopping Center, Suite 620, St. Thomas, USVI 00802. St. Thomas Office Tel. No.: 340-774-8104, Facsimile: 340-774-8106.

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