Committee on Budget, Appropriations and Finance

The Committee on Budget, Appropriations and Finance will meet on Monday, December 15, 2025, 10:00 A.M. in the Earle B. Ottley Legislative Hall on St. Thomas to receive testimony on the following bills:

BLOCK I

Bill No. 36-0199 An act approving the lease agreement between the Government of the Virgin Islands, acting through the Commissioner of the Department of Property and Procurement, and Accent Property Management, LLC. for Parcel Nos. 123 and 129 Subbase, South Side Quarter, St. Thomas, to develop the premises to operate, establish, and manage a slate of subtenants, pursuant to an approved development plan.

Invited Testifiers:
Honorable Lisa Alejandro, Commissioner, VI Department of Property and Procurement
Ms. Randa DeSouza, Chief Administrative Officer, Accent Property Management, LLC

Bill No. 36-0204 An act approving a multi-year lease agreement between the Government of the Virgin Islands, acting through its Commissioner of the Department of Property and Procurement, and Commercial Investments LLC, for Parcel No. 30 Submarine Base, No. 6 Southside Quarter, St. Thomas, Virgin Islands, for a logistics storage warehouse and other related purposes.

Invited Testifiers:
Honorable Lisa Alejandro, Commissioner, VI Department of Property and Procurement
Mrs. Judy Perez-Ferdinand, General Manager, Commercial Investments, LLC

Bill No. 36-0205 An act approving the lease agreement between the Government of the Virgin Islands, acting through the Commissioner of the Department of Property and Procurement, and Submarine Base Warehouse, LLC. for Parcel Nos. 12 and 12A Submarine Base (Crown Bay Fill), No. 6 Southside Quarter, St. Thomas, and 145 (Consolidated) (Crown Bay Fill) Submarine Base, No. 6 South Side Quarter, St. Thomas, for the purpose of bulk storage, establishing a slate of subtenants on the premises, parking, and other permitted purposes.

Invited Testifiers:
Honorable Lisa Alejandro, Commissioner, VI Department of Property and Procurement
Mr. Enrique Rodriguez, Sole Member, Submarine Base Warehouse, LLC

BLOCK II

Bill No. 36-0209 An act amending title 23 Virgin Islands Code, chapter 10 to establish civil penalties for disregarding marine advisories and to create the Territorial Marine Safety Fund.

Invited Testifiers:
Honorable Jean-Pierre L. Oriol, Commissioner, VI Department of Planning and Natural Resources
Mr. Sean Santos, Assistant Commissioner, VI Department of Police
Mr. Daryl D. Jaschen, Director, VI Territorial Emergency Management Agency

Bill No. 36-0210 An act appropriating the sum of $4,000,000 from the Virgin Islands Insurance Guaranty Fund to the Virgin Islands Water and Power Authority for the repair, replacement, and operation of streetlights throughout the Territory.

Invited Testifiers:
Honorable Derek A. Gabriel, Commissioner, VI Department of Public Works
Mr. Julio Rhymer, Sr., Director, Office of Management and Budget
Mr. Karl Knight, Executive Director & Chief Executive Officer, VI Water and Power Authority

BLOCK III

Bill No. 36-0184 An Act amending title 22 Virgin Islands Code, chapter 14, The Virgin Islands Insurance Holding Company System Regulatory Act to implement revisions that were made to the National Association of Insurance Commissioners.

Invited Testifier:
Suzette Richards, Esq., Legal Counsel, Office of the Lt. Governor, Division of Banking, Insurance and Financial Regulation