Bill No. 35-0205 - An Act appropriating $900,000 to the Virgin Islands Department of Sports, Parks and Recreation to build an equestrian training facility in Estate Body
COMMITTEE ON BUDGET, APPROPRIATIONS AND FINANCE 11/20/2024-SPECIAL ORDERED BILL NO. 35-0205 Thirty-Fifth Legislature of the Virgin Islands December 11, 2023 An Act appropriating $900,000 to the Virgin Islands Department of Sports, Parks and Recreation to build an equestrian training facility in Estate Body Slob, St. Croix, Virgin Islands PROPOSED BY: Senators Javan E. James, Sr., and Angel L. Bolques, Jr. WHEREAS, Article VII of the agreement executed by and between Diageo USVI, Inc., 1 and the Government of the Virgin Islands, dated June 17, 2008, and ratified by Act No. 7012, 2 in pertinent part provides that money deposited into the Communities Facilities Trust shall be 3 administered by the Virgin Islands Public Finance Authority to be used for “community and/or 4 sports facilities or urban redevelopment projects . . . …
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COMMITTEE ON BUDGET, APPROPRIATIONS AND FINANCE 11/20/2024-SPECIAL ORDERED BILL NO. 35-0205 Thirty-Fifth Legislature of the Virgin Islands December 11, 2023 An Act appropriating $900,000 to the Virgin Islands Department of Sports, Parks and Recreation to build an equestrian training facility in Estate Body Slob, St. Croix, Virgin Islands PROPOSED BY: Senators Javan E. James, Sr., and Angel L. Bolques, Jr. WHEREAS, Article VII of the agreement executed by and between Diageo USVI, Inc., 1 and the Government of the Virgin Islands, dated June 17, 2008, and ratified by Act No. 7012, 2 in pertinent part provides that money deposited into the Communities Facilities Trust shall be 3 administered by the Virgin Islands Public Finance Authority to be used for “community and/or 4 sports facilities or urban redevelopment projects . . . which projects shall be recommended by 5 the Governor and subject to approval by the Legislature[]”; 6 WHEREAS, pursuant to Article VII of the agreement executed by and between Diageo 7 USVI, Inc., and the Government of the Virgin Islands, dated June 17, 2008, and ratified by Act 8 No. 7012, the Legislature of the Virgin Islands does not have the authority to appropriate money 9 from this account unless it is upon the written recommendation of the Governor; 10 WHEREAS, by letter dated November 7, 2023, the Governor of the Virgin Islands 11 endorsed the appropriation of $900,000 from the Community Facilities Trust Fund to construct 12 an equestrian training facility in Estate Body Slob, St. Croix, Virgin Islands; Now, Therefore 13 2 Be it enacted by the Legislature of the Virgin Islands: 1 SECTION 1. The sum of $900,000 is appropriated to the Virgin Islands Department of 2 Sports, Parks and Recreation in the fiscal year ending September 30, 2024, from the 3 Community Facilities Trust Fund to construct an equestrian training facility in Estate Body 4 Slob, St. Croix, Virgin Islands. 5 BILL SUMMARY 6 This bill provides for the appropriation of $900,000 from the Community Facilities Trust 7 Fund to the Virgin Islands Department of Sports, Parks and Recreation for the construction of 8 an equestrian training facility in Estate Body Slob, St. Croix, Virgin Islands. 9 BR23-0503/November 20, 2023/SLR 10