* Kellerhals Ferguson Kroblin PLLC
Royal Palms Professional Building, 9053 Estate Thomas, Suite 101, St. Thomas, V.1. 00802
340.779.2564 Telephone
I 1.888.316.9269 Fax
I www.kelller.com
December 11, 2019
Via Electronic & Hand Delivery
Mr. Kamal Latham
Chief Executive Officer
US Virgin Islands Economic Development Authority
8000 Nisky Center, Suite 620
St. Thomas, U.S.V.1. 00802
Hathamusvieda.org
Re:
Termination of Benefits
Dear Mr. Latham:
We are counsel to Southern Trust Company, Inc. (“STC”). STC was granted benefits by the Economic
Development Commission (“EDC”) on February 5, 2014 and requested a commencement date of February 1,
2013. STC was granted benefits for a period of ten (10) years.
As provided for in 29 V.T.C. §719, STC is requesting an early termination of its benefits effective December
31, 2019. STC will remain in existence following the termination date and is not being dissolved at this time.
We ask that you schedule the appropriate compliance review so that this request can be addressed expeditiously.
Please do not hesitate to contact me if you have any questions or need additional informanon.
Very truly yours,
Erika Kellerhals
iECEiV2
Time:/
R
DEC11 2019
By: .S2—zfC----_
EcoU&c1c Development Authority!STT