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Summary – EDPC Decision Meeting 20251118

Collection
Executive Agency Records
Sub-shelf
VIEDA
Kind
Government Report
Island
St. Croix
Date
2025-11-18
Pages
1
Text
Native Text

1 Economic Development Park Corporation (EDPC) Governing Board Decision Meeting Tuesday, November 18, 2025 Summary Report During the Economic Development Park Corporation (“EDPC”) Decision Meeting on Tuesday, November 18, 2025, the Governing Board heard from staff regarding one (1) lease matter and voted as follows: Regular Session: ❖ Action Items: ➢ Land Lease, William D. Roebuck Industrial Park, St. Croix – Change of Lessee At its Governing Board (“Board”) meeting on Thursday, October 19, 2023, the Board unanimously voted to authorize the Chief Executive Officer and staff to negotiate a lease for approximately Forty-Eight Thousand (48,000) square feet, more or less, of Vacant Land in the southern half of the adjacent field east of Building 2 at the William D. Roebuck Industrial Park, Building 3 on St. Croix for the Solar Micro-Grid Power System Project with Leatherback Brewing Company, LLC (“Leatherback”) at terms and conditions to be agreed upon by the parties. …

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1 Economic Development Park Corporation (EDPC) Governing Board Decision Meeting Tuesday, November 18, 2025 Summary Report During the Economic Development Park Corporation (“EDPC”) Decision Meeting on Tuesday, November 18, 2025, the Governing Board heard from staff regarding one (1) lease matter and voted as follows: Regular Session: ❖ Action Items: ➢ Land Lease, William D. Roebuck Industrial Park, St. Croix – Change of Lessee At its Governing Board (“Board”) meeting on Thursday, October 19, 2023, the Board unanimously voted to authorize the Chief Executive Officer and staff to negotiate a lease for approximately Forty-Eight Thousand (48,000) square feet, more or less, of Vacant Land in the southern half of the adjacent field east of Building 2 at the William D. Roebuck Industrial Park, Building 3 on St. Croix for the Solar Micro-Grid Power System Project with Leatherback Brewing Company, LLC (“Leatherback”) at terms and conditions to be agreed upon by the parties. The EDPC request to the Board is to change the lease authorization from Leatherback to West Indies Power, LLP and/or another renewable energy provider. The Board voted (6 – 0) to: • Authorize the Chief Executive Officer and staff to negotiate and enter into a lease agreement between the VIRGIN ISLANDS ECONOMIC DEVELOPMENT AUTHORITY, through the ECONOMIC DEVELOPMENT PARK CORPORATION, and West Indies Power, LLP and/or another renewable energy provider at terms and conditions to be agreed upon by the parties.