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Act No. 8984 — An act approving the lease agreement between the Government of the Virgin Islands and Charles M. Kim V.I. Foundation, Inc. d/b/a Virgin Isla

Collection
Acts & Legislation
Entity
Legislature
Date
2025
Type
Act
Identifiers
Act 8984, Bill 36-0040

ACTNO.8 984 BILL NO. 36-0040 THIRTY-SIXTH LEGISLATURE OF THE VIRGIN ISLANDS Regular Session 2025 An act approving the lease agreement between the Government of the Virgin Islands and Charles M. Kim V.I. Foundation, Inc. d/b/a Virgin Islands Museum of Art, for a portion of Lot No. 48b Norre Gade, Kings Quarter, St. Thomas, Virgin Islands ---0--- WHEREAS, on February 7, 2025, the Government of the Virgin Islands, acting through the Commissioner of the Virgin Islands Department of Property and Procurement, and Charles M. Kim V.I. Foundation, Inc. d/b/a Virgin Islands Museum of Art, entered into a lease agreement for a portion of Lot No. 48b Norre Gade, Kings Quarter, St. Thomas, Virgin Islands, consisting of a multi-story building of 12,300 U.S. sq. ft. residing on 10,006 U.S. sq. ft. or 0.229 U.S. acres, more-or-less, of improved property zoned “P” (Public), as shown on P.W.D. Drawing No. D3-265-T65; WHEREAS, on February 13, 2025, the Governor of the Virgin Islands approved the lease agreement between the Government of the Virgin Islands and Charles M. Kim V.I. Foundation, Inc. …

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