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VIEDA’s Show Cause Hearing, Governing Board Decision Meeting scheduled for August 22

CHARLOTTE AMALIE, St. Thomas, U.S. Virgin Islands – August 20, 2014 – Percival E. Clouden, chief executive officer of the V.I. Economic Development Authority, announces the following: Show Cause Hearing: A show cause hearing for the Economic Development Commission will be held on Friday, August 22, 2014 at 9:00 a.m. at the VIEDA’s offices at the William D. Roebuck Industrial Park, No. 4 Estate Negro Bay, Building No. 2, Frederiksted, St. Croix, USVI; and via video conference feed at 8000 Nisky Shopping Center, Suite 620, St. Thomas, USVI, for two businesses.

Representatives of these businesses will appear to 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.

Governing Board Decision Meeting: Following the show cause hearing, a Governing Board Decision Meeting will also be held by the VIEDA’s Economic Development Commission, Economic Development Bank, and the Industrial Park Development Corporation at the aforesaid locations 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 VIEDA Board of Directors, and its subsidiary Boards, may go into executive session with respect to any decision at any time during the meeting as provided in Title 1 Virgin Islands Code Section 254(b).

For more information, contact the V.I. Economic Development Authority 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) 714-1700, Facsimile: (340) 774-1103.

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