THE UNITED STATES VIRGIN ISLANDS



OFFICE OF THE GOVERNOR

RCUD SEN. PRESIDENT

GOVERNMENT HOUSE So ES andes?



Charlotte Amalie, V.I. 00802

340-774-0001



December 18, 2025

VIA HAND DELIVERY



The Honorable Milton E. Potter



Senate President



Thirty-Sixth Legislature of the Virgin Islands

Capital Building



St. Thomas, Virgin Islands 00802



Re: Lease Agreement for Ratification by the Thirty-Sixth Legislature of

the U.S Virgin Islands



Dear Senate President Potter:



Transmitted herewith in accordance are the provisions of Title 31, Section 205, subsection (c),

Virgin Islands Code is the following Lease Agreement submitted for ratification by the Thirty-

Sixth Legislature:



Department of Property and Procurement and DM Hospitality, LLC (OLC No. 0051-2026).



Under the proposed Lease Agreement, the Government will lease Parcel No. 2C Crystal Gade,

Queen’s Quarter, St. Thomas, consisting of a 2-story building; and a portion of Parcel No. 3 Crystal

Gade, consisting of a 2-story building to DM Hospitality to operate a food and beverage

management company with a bakery and deli, jewelry business management company, and other

related purposes. The initial lease term is 30 years with the option to renew for two additional 10-

year periods. This lease will provide much needed revenue for the Territory and foster continued

economic growth.



I thank you and the members of the Thirty-Sixth Legislature for your prompt action on this

measure.



Sincerely,



Albert Bryan Jr.

Governor