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VIEDA, subsidiaries Governing Board Decision Meeting; EDC Public Hearing scheduled for May 30

CHARLOTTE AMALIE, St. Thomas, U.S. Virgin Islands – May 23, 2014 -- Percival E. Clouden, chief executive officer of the V.I. Economic Development Authority (VIEDA), announces the following:

Public Hearing:   A public hearing for the Economic Development Commission is scheduled for Friday, May 30, 2014 at 9:00 a.m. at 8000 Nisky Shopping Center, Suite 620, St. Thomas, USVI; and via video conference feed to the William D. Roebuck Industrial Park at No. 4 Negro Bay in Frederiksted, St. Croix, USVI, on applications from two businesses with new applications for tax exemptions.

All interested persons are notified in accordance with Section 717 Chapter 12 of Title 29, Virgin Islands Code, as amended.

Any person, firm, or corporation that is interested in the approval or disapproval of the applications may appear and be heard provided that a written statement is submitted at least one (1) day prior to the hearing to the Chief Executive Officer of the V.I. Economic Development Authority at No. 116 King St., Frederiksted, St. Croix, USVI 00840; or via facsimile to (340) 773-7701; or at 8000 Nisky Shopping Center, Suite 620, St. Thomas, USVI 00802; or via facsimile at (340) 774.8106.

Governing Board Decision Meetings:  The VIEDA and its subsidiaries, the Economic Development Commission, Small Business Development Agency, Government Development Bank, and the Enterprise Zone Commission, will each be holding Governing Board Decision Meetings on applications and matters which may be brought to the appropriate Board for action. The decision meetings will be held immediately following the public hearing at the aforesaid locations. All interested persons are 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 meetings as provided in Title 1 Virgin Islands Code Section 254(b).

For more information, contact the Virgin Islands Economic Development Authority at No. 116 King St., Frederiksted, St. Croix, USVI 00840. St. Croix Office Tel. No.: (340)773-6499 Facsimile No.: (340) 773-7701; or at 8000 Nisky Shopping Center, Suite 620, St. Thomas, USVI 00802. St. Thomas Office Tel. No.: (340) 714.1700 Facsimile No: (340) 777.1103.

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