Act No. 8787 — An Act appropriating the sum of $17,000,000, or so much of that sum as is necessary, in the fiscal year ending September 30, 2024, from the
ACTNO8787— BILL NO. 35-0191 THIRTY-FIFTH LEGISLATURE OF THE VIRGIN ISLANDS Regular Session 2023 An Act appropriating the sum of $17,000,000, or so much of that sum as is necessary, in the fiscal year ending September 30, 2024, from the excess of funds contained in the Debt Service Reserve Fund for the Gross Receipts Taxes Revenue Bonds to the Virgin Islands Port Authority for the dredging of the Charlotte Amalie Harbor and establishing reporting requirements for the expended funds ---0--- WHEREAS, the Virgin Islands Public Finance Authority (the "Authority") has issued, on behalf of the Government of the Virgin Islands (the "Government"), its (i) Virgin Islands Public Finance Authority Revenue Bonds (Virgin Islands Gross Receipts Taxes Loan Note), Series 2006; (ii) Virgin Islands Public Finance Authority Revenue Refunding Bonds (Virgin Islands Gross Receipts Taxes Loan Note), Series 2012A, (Working Capital Refinancing/Tax-Exempt); (iii) Virgin Islands Public Finance Authority Revenue Refunding Bonds (Virgin Islands Gross Receipts Taxes Loan), Series 2012B, (Broadband Project Refinanc …
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