Act No. 8802 — An Act appropriating $2,500,000 for the purchase of Plot Nos. 53A, 53B, 54A & 54B Kronprindsens Gade, Crown Prince Quarter, Charlotte Amalie
ACT NOG 8 02 BILL NO. 35-0210 THIRTY-FIFTH LEGISLATURE OF THE VIRGIN ISLANDS Regular Session 2023 An Act appropriating $2,500,000 for the purchase of Plot Nos. 53A, 53B, 54A & 54B Kronprindsens Gade, Crown Prince Quarter, Charlotte Amalie, St. Thomas, Virgin Islands, by and between the Government of the Virgin Islands, acting through the Department of Property and Procurement, and Conroy H. Watt and Kenneth I. Sweeney ---0--- WHEREAS, since 1984, the Government of the Virgin Islands, acting through its Department of Property and Procurement, on behalf of the Department of Labor, has leased the property located at 53A, 53B, 54A & 54B Kronprindsens Gade, Crown Prince Quarter, Charlotte Amalie, St. Thomas, Virgin Islands, 00802 (the “Property”), for more than $20,000 per month, resulting in rental payments for the last 39 years exceeding $9.3 million, which is a substantial financial burden to the Government; and WHEREAS, there are numerous government agencies that are renting properties in the Territory, incurring significant rental expenses. …
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