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Enterprise Zone Commission (EZC) 
Governing Board Meeting 
Thursday, September 12, 2024 
Summary Report 
 
During the Virgin Islands Economic Development Authority (“USVIEDA”) Governing Board 
Meeting on Thursday, September 12, 2024, the Governing Board considered one (1) Action Item 
from the USVIEDA Team as follows: 
 
Regular Session 
 
A. Action Item: 
 
• Ratification of Poll Vote – JPMorgan Chase & Co. and J.P. Morgan Investment 
Management, Inc. Accounts 
 
An emergency meeting was held via Zoom on September 3, 2024 by the Economic Development Park Corporation 
(“EDPC”) Governing Board to: 
 
1) Ratify the Hurricanes Harvey, Irma, and Maria Emergency Supplemental Historic Preservation Fund 
Subgrant Agreement (“Subgrant”) between the Virgin Islands Economic Development Authority 
through the Enterprise Zone Commission and the Department of Planning and Natural Resources, Virgin 
Islands State Historic Preservation Office; and 
 
2) Authorized the Chief Executive Officer to execute contracts and make payments to Enterprise Zone 
Master Contractors for services in excess of One Hundred Thousand Dollars ($100,000.00) per fiscal year 
under said Subgrant. 
 
The Governing Board voted (5 – 0) to: 
 
o Ratify the poll vote taken during the emergency meeting held via Zoom on 
September 3, 20243. The purpose of said meeting was to: 
 
1) Ratify the Hurricanes Harvey, Irma, and Maria Emergency Supplemental 
Historic Preservation Fund Subgrant Agreement (“Subgrant”) between the 
Virgin Islands Economic Development Authority through the Enterprise 
Zone Commission and the Department of Planning and Natural Resources, 
Virgin Islands State Historic Preservation Office; and 
 
2) Authorized the Chief Executive Officer to execute contracts and make 
payments to Enterprise Zone Master Contractors for services in excess of 
One Hundred Thousand Dollars ($100,000.00) per fiscal year under said 
Subgrant.