COMMITTEE ON BUDGET, APPROPRIATONS AND FINANCE 03/20/2024-REPORTED OUT TO THE FLOOR 03/19/2024-REPORTED OUT TO THE COMMITTEE ON RULES AND JUDICIARY BILL NO. 35-0246 Thirty-Fifth Legislature of the Virgin Islands March 18, 2024 An Act approving the Lease Agreement between the Government of the Virgin Islands and Pro Mar Services, Inc. for Parcels No. 149-2, 159A and 159-1 Submarine Base, No. 6 Southside Quarter, St. Thomas, Virgin Islands, and Parcel No. 159 Remainder, Southside Quarter, St. Thomas, Virgin Islands PROPOSED BY: Senator Novelle E. Francis, Jr., by Request of the Governor WHEREAS, the Governor of the Virgin Islands, executed a lease between the 1 Government of the Virgin Islands, through the Virgin Islands Department of Property and 2 Procurement and Pro Mar Services, Inc. for Parcels No. 149-2, 159A, and 159-1 Submarine 3 Base, No. 6 Southside Quarter, St. Thomas, Virgin Islands, and Parcel No. 159 Remainder, 4 Southside Quarter, St. Thomas, Virgin Islands, collectively consisting of approximately 30,161 5 sq. ft. or 0.3567 U.S. acres, as shown on O.L.G. Maps No. A9-770-T012, D9-8689-T012, D9- 6 8689-T012 and D9-8689-T012, respectively; 7 WHEREAS, the premises are leased for an initial term of 10 years with an option to 8 renew for two additional five-years terms; 9 WHEREAS, the leased premises are to be used to operate a marine surveyor and 10 consulting business and for no other purpose whatsoever; 11 2 WHEREAS, title 31 Virgin Islands Code, section 205, subsection (c) requires all leases 1 of government real estate for a term exceeding one year in addition to being approved by the 2 Governor, must be submitted to and approved by the Legislature of the Virgin Islands; 3 WHEREAS, the Legislature intends to approve the lease between the Government of 4 the Virgin Islands and Pro Mar Services, Inc.; Now Therefore, 5 Be it enacted by the Legislature of the Virgin Islands: 6 SECTION 1. Pursuant to title 31 Virgin Islands Code, section 205, subsection (c), the 7 Legislature of the Virgin Islands approves the lease agreement between the Government of the 8 Virgin Islands, and Pro Mar Services, Inc. for Parcels No. 149-2, 159A and 159-1 Submarine 9 Base, No. 6 Southside Quarter, St. Thomas, Virgin Islands and Parcel No. 159 Remainder, 10 Southside Quarter, St. Thomas, Virgin Islands, collectively consisting of approximately 30,161 11 sq. ft. or 0.3567 U.S. acres, more or less, as shown on O.L.G. Maps No. A9-770-T012, D9- 12 8689-T012, D9-8689-T012 and D9-8689-T012, respectively, for an initial term of 10 years 13 with the option to renew the lease for two additional five-years terms. The premises is to be 14 used to operate a marine surveyor and consulting business and for no other purpose whatsoever. 15 BILL SUMMARY 16 This bill approves a lease between the Government and Pro Mar Services, Inc. for Parcels 17 No. 149-2, 59A 159-1 Submarine Base, No. 6 Southside Quarter, St. Thomas, Virgin Islands, 18 and 159 Remainder, Southside Quarter, St. Thomas, Virgin Islands. 19 BR24-1020/March 6, 2024/AA 20 G35-049 21