Bill No. 35-0323 - An Act amending sections 8 and 9 of Act No. 7267 by changing the authorized use of Matricula 22-a Estate Mars Hill, West End Quarter, St. Croix, Virgin
COMMITTEE OF THE WHOLE/SESSION BILL NO. 35-0323 Thirty-Fifth Legislature of the Virgin Islands August 30, 2024 An Act amending sections 8 and 9 of Act No. 7267 by changing the authorized use of Matricula 22-a Estate Mars Hill, West End Quarter, St. Croix, Virgin Islands, and by reprogramming the $2,000,000 appropriation PROPOSED BY: Senator Novelle E. Francis, Jr. Be it enacted by the Legislature of the Virgin Islands: 1 SECTION 1. (a) Act No. 7267 is amended by striking section 9 in its entirety and 2 inserting the following new language: 3 “The Department of Property and Procurement shall transfer title and ownership of 4 Matricula 22-a Estate Mars Hill, West End Quarter, St. Croix, Virgin Islands, consisting 5 of approximately 44.503 U.S. acres, as more fully described in OLG No. 5123, dated 6 October 29, 1998, to the Virgin Islands Housing Finance Authority for the purpose of 7 constructing mixed-income affordable housing.” 8 (b) The $2,000,000 appropriated to the Virgin Islands Housing Finance Authority 9 (“VIHFA”) in section 8 of Act No. …
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COMMITTEE OF THE WHOLE/SESSION BILL NO. 35-0323 Thirty-Fifth Legislature of the Virgin Islands August 30, 2024 An Act amending sections 8 and 9 of Act No. 7267 by changing the authorized use of Matricula 22-a Estate Mars Hill, West End Quarter, St. Croix, Virgin Islands, and by reprogramming the $2,000,000 appropriation PROPOSED BY: Senator Novelle E. Francis, Jr. Be it enacted by the Legislature of the Virgin Islands: 1 SECTION 1. (a) Act No. 7267 is amended by striking section 9 in its entirety and 2 inserting the following new language: 3 “The Department of Property and Procurement shall transfer title and ownership of 4 Matricula 22-a Estate Mars Hill, West End Quarter, St. Croix, Virgin Islands, consisting 5 of approximately 44.503 U.S. acres, as more fully described in OLG No. 5123, dated 6 October 29, 1998, to the Virgin Islands Housing Finance Authority for the purpose of 7 constructing mixed-income affordable housing.” 8 (b) The $2,000,000 appropriated to the Virgin Islands Housing Finance Authority 9 (“VIHFA”) in section 8 of Act No. 7267 to be used for architectural and engineering services 10 and infrastructure work for a Multipurpose Indoor Complex is reprogrammed for the VIHFA 11 2 to use for the construction of mixed-income affordable housing at Matricula 22-a Estate Mars 1 Hill, West End Quarter, St. Croix, Virgin Islands. 2 BILL SUMMARY 3 This bill amends sections 8 and 9 of Act No. 7267 by changing the authorized use of 4 Matricula 22-a Estate Mars Hill, West End Quarter, St. Croix, Virgin Islands from a 5 Multipurpose Indoor Complex to mixed-income affordable housing, and reprogramming the 6 $2,000,000 appropriated to the Virgin Islands Housing Finance Authority (“VIHFA”) for the 7 architectural and engineering services, and infrastructure work for the Multipurpose Indoor 8 Complex for the VIHFA to you use for the construction of mixed-income affordable housing. 9 BR24-1191/August 12, 2024/GC 10