VI Legislature Division of Post Audit: BR-25-0757 LEASE Submarine Base Warehouse LLC Post Audit Analysis
Legislature of the Virgin Islands P.O. Box 1690, Emancipation Garden Station St. Thomas, U.S. Virgin Islands 00804 ——○—— POST AUDIT DIVISION TEL: (340) 774-2478 November 13, 2025 MEMORANDUM: TO: Honorable Novelle E. Francis, Jr. Chairperson, Committee on Budget, Appropriations and Finance 36th Legislature of the Virgin Islands FROM: Post Audit Division SUBJECT: Lease Agreement LESSOR: Department of Property & Procurement LESSEE: Submarine Base Warehouse, LLC. PREMISES: Parcel No. 12 and 12A Submarine Base, Crown Bay Fill No. 6 Southside Quarter, St. Thomas, United States Virgin Islands, consisting of a combined 20,423 U.S. sq. ft. or 0.469 U.S. acre(s) of land more-or-less; and Parcel No. 145 (Consolidated) (Crown Bay Fill) Submarine Base No.6 Southside Quarter, St. Thomas, U.S. Virgin Islands, consisting of approximately 39,756 U.S. sq. Ft. or 0.91 U.S. acre of improved land. TERM: Thirty (30) year period, with an option to renew for three (3) additional terms of ten (10) years commencing on the first day of the month following approval by the Legislature of the Virgin Islands. …
Download the original document · Browse the archive · How this archive works
Archive identifier LF-0886ad7650ce