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SENATOR NOVELLE E. FRANCIS, JR. 36TH LEGISLATURE OF THE VIRGIN ISLANDS Chairman, Committee on Budget, Appropriations and Finance REVISED Memorandum No. 25-0058 To: Committee on Budget, Appropriations and Finance Members The Honorable Marvin A. Blyden, Vice-Chairman The Honorable Dwayne M. DeGraff The Honorable Ray Fonseca The Honorable Hubert L. Frederick The Honorable Marise C. James The Honorable Kurt A. Vialet From: The Honorable Novelle E. Francis, Jr. Chairman, Committee on Budget, Appropriations and Finance Date: November 6, 2025 Re: November 17, 2025 Committee on Budget, Appropriations and Finance Meeting The Committee on Budget, Appropriations and Finance will meet on Monday, November 17, 2025, 10:00 A.M. in the Earle B. Ottley Legislative Hall on St. Thomas to receive testimony on the following bills: Block I Bill No. 36-0030 An Act amending title 24 Virgin Islands Code, chapter 1, section 4, increasing the Virgin Islands minimum wage Sponsored by Senator Franklin D. Johnson Invited Testifiers: Honorable Gary Molloy, Commissioner, VI Department of Labor Mr. Haldane Davies, Executive Director, VI Bureau of Economic Research Akeel St. Jean, Esq., Chairman, St. Croix Chamber of Commerce Mr. John Woods, President, St. Thomas/St. John Chamber of Commerce Block II Bill No. 36-0089 An act approving the lease agreement between the Government of the Virgin Islands and PEO Productions, LLC d/b/a WSTA Radio, for Parcel No. 121 Submarine Base, No. 6, Southside Quarter, St. Thomas, Virgin Islands, Parcel No. 167 Sub Base, No. 6, Southside Quarter, St. Thomas and Parcel No. 171 Sub Base, No. 6, Southside Quarter, St. Thomas Sponsored by Senator Milton E. Potter by Request of the Governor Invited Testifiers: Honorable Lisa Alejandro, Commissioner, VI Department of Property and Procurement Mr. Peter Ottley, President, WSTA Radio Bill No. 36-0199 An act approving the lease agreement between the Government of the Virgin Islands, acting through the Commissioner of the Department of Property and Procurement, and Accent Property Management, LLC, for Parcel Nos. 123 and 129 Sub Base, South Side Quarter, St. Thomas, to develop the premises to operate, establish, and manage a slate of subtenants, pursuant to an approved development plan Sponsored by Senator Milton E. Potter by Request of the Governor Committee on Budget, Appropriations and Finance Monday, November 17, 2025 Invited Testifiers: Honorable Lisa Alejandro, Commissioner, VI Department of Property and Procurement Randa DeSouza, Chief Administrative Officer, Accent Property Management, LLC Bill Request Number 25-0692 An act approving a multi-year lease agreement between the Government of the Virgin Islands, acting through its Commissioner of the Department of Property and Procurement, and Commercial Investments LLC, for Parcel No. 30 Submarine Base, No. 6 Southside Quarter, St. Thomas, Virgin Islands, for a logistics storage warehouse and other related purposes Sponsored by Senator Milton E. Potter by Request of the Governor Invited Testifiers: Honorable Lisa Alejandro, Commissioner, VI Department of Property and Procurement Covey Charles, Authorized Representative, Commercial Investments LLC Bill Request Number 25-0757 An act approving the lease agreement between the Government of the Virgin Islands, acting through the Commissioner of the Department of Property and Procurement, and Submarine Base Warehouse, LLC for Parcel Nos. 12 and 12A Submarine Base (Crown Bay Fill), No. 6 Southside Quarter, St. Thomas, and 145 (Consolidated) (Crown bay Fill) Submarine base, No. 6 South Side Quarter, St. Thomas, for the purpose of bulk storage, establishing a slate of subtenants on the premises, parking, and other permitted purposes Sponsored by Senator Milton E. Potter by Request of the Governor Invited Testifiers: Honorable Lisa Alejandro, Commissioner, VI Department of Property and Procurement Enrique Rodriguez, Sole Member, Submarine Base Warehouse, LLC