GOVERNMENT OF THE VIRGIN ISLANDS OF THE UNITED STATES ----0---- Department of Property and Procurement Lease No.: C36-455 Dated: March 1, 2024 EXERCISE OF RENEW AL OPTION No. 1 LESSOR Virgin Islands Housing Authority 9900 Oswald Harris Court St. Thomas, U.S. Virgin Islands 00802 DESCRIPTION OF PROPERTY Plot No. 11-E Penitentiary Land, Company Quarter Christiansted, St. Croix, U.S. Virgin Islands consisting of 1.56 U.S. acres, more or less and Plot No. 11-F Penitentiary Land, Company Quarter Christiansted, St. Croix, U.S. Virgin Islands consisting of 0.68 U.S. acres, more or less MONTHLY RENT: ANNUAL RENT: $892.64 $10,711.69 Pursuant to Paragraph 2 of Lease Agreement No. C36-455 and subject to the appropriation and allotment of necessary funds, the Government of the Virgin Islands acting through its Department of Property and Procurement on behalf of the Department of Health, hereby notifies Virgin Islands Housing Authority, of the Government's exercise of its option to renew the aforementioned Lease Agreement for the period of March 1, 2025 to February 28, 2026. All the terms, covenants, and conditions of the Lease Agreement shall continue in full force and effect. Please acknowledge receipt and acceptance hereby by signing and returning the one (1) original Exercise of Renewal Option to: Department of Prope and Procurement, 3274 Estate Richmond, Christiansted, St. Croix, Virgin Islands 00820 DGMENT & ACCEPTANCE Date: THE GOVERNMENT OF THE VIRGIN ISLANDS: Lisa M. Alejandro, Commissioner Department of Property and Procurement Witness: ________ _ Account Code: cc: Department of Health Date: 02/20/2025