THE UNITED STATES VIRGIN ISLANDS OFFICE OF THE LIEUTENANT GOVERNOR Tregenza A. Roach, Esq. Commissioner of Insurance Lieutenant Governor Chairman, V.I. Banking Board January 23, 2026 Honorable Senator Milton E. Potter Senate President 36" Legislature of the Virgin Islands P. O. Box 1690 St. Thomas, VI 00804 Re: Road Plot 1-1 Spanish Town, Road Plot 2-1 Estate Annaberg and Shannon Grove, Road Plot 5-1, Road Plot 10-1 and Road Plot 11-1 Estate Blessing, St. Croix, US Vingin Islands Dear Honorable Senate President Potter: This request 1s being forwarded to you as the Senate President for distribution to the proper Committee for approval based on the following reasons. On November 4, 2025, the Office of the Lieutenant Governor submitted a letter dated November 3, 2025 and supporting documents to the Chairman of the Committee on Culture, Youth, Aging, Sports and Parks, Honorable Senator Angel L. Bolques, Jr. in conformance with Title 33 of the Virgin Islands Code, section 2494a to approve the Government’s acceptance of real property in lieu of payment of real property taxes. The letter and supporting documents were received on behalf of the Honorable Senator Bolques, Jr., as evidenced in a document entitled “Acknowledgement of Receipt” signed by Glenn Freeman on November 4, 2025 at 9:57. As a kind reminder, on December 12, 2025, the Office of Legal Counsel, Office of the Lieutenant Governor sent an email to Senator Bolques, Jr., stating that “if the Committee on Housing, Parks, and Recreation (Committee on Culture, Youth, Aging, Sports, and Parks) does not take action to approve or disapprove the matter within thirty (30) days of receipt, the acceptance will be considered approved and ratified” and attached the “Acknowledgement of Receipt” evidencing that Senator Bolqucs’ Chambers received the letter and supporting documentation on November 4, 2025. Accordingly, based on this timeline, if the request was not approved by the Committee on Culture, 5049 Kongens Gade ¢ Charlotte Amalie, St. Thomas, V.I. 00802 * Tel 340-774-2991 » Fax: 340-774-6953 315 Prince Street © Frederiksted, St. Croix, V.!. 00840 ¢ Tel: 340-773-6449 © Fax: 340-773-0330 Letter to the Honorable Senate President, Milton E:. Potter Re: Road Plot 1-1 Spanish Town, Road Plot 2-1 Estate Annaberg and Shannan Grove, Road Plot 5-1, Road Plot 10-1 and Road Plot tf 1 Exstate Blessing, St. Croix, US Virgen Islands Page 2 of 4 Youth, Aging, Sports, and Parks by December 19, 2025, it would be deemed approved and ratified. On December 20, 2025, we received a letter from Senator Bolques, Jr., stating that “(pursuant to guidance from the Office of the Legislative I.egal Counsel, the proper successor committee with justification over this mater ts the Committee on Housing, Transportation and Telecommunications” and recommended that the materials be formally resubmitted to the aforementioned Committee. The St. Croix Renaissance Group, LLLP (“SCRG”) owns Road Plots 1-1 Spanish ‘own (consisung of approximately 2.130 acres), 2-1 [state Annaberg & Shannon Grove (consisting of approximatcly 1.074 acres}, 5-1 Estate Blessing (consisting of approximately 0.334 acres), 11-1 Mstate Blessing (consisting of approximatcly 0.166 acres), and 10 -1 [state Blessing (consisting of approximately 0.206 acres), St. Croix, US Virgin Islands (hereinafter “the Roadway Plots”) and desires to convey the aforesaid Roadway Plots to the Lieutenant Governor, on behalf of the Government of the Virgin Islands' in lieu of paying real property taxes owed in the amount of live Hundred ‘Thirty-one Thousand Six Hundred Light Dollars and Six cents ($531,608.06) for 2016 — 2019 tax years. Pursuant to Title 33 of the Virgin Islands Code, section 2494a(2)’, the ‘lax Assessor conducted an actual view of the Roadway Plots and valued and appraised the real property at Five Hundred Thiry-Five Thousand Four Hundred Dollars ($535,400.00). Title 33 of the Virgin Islands code, section 2494a(3) states in pertinent part that “No real property shall be accepted for a less amount than the outstanding taxes, plus penalties and costs.” ‘Therefore, because the ‘lax Assessor appraised the roadway plots at Five Hundred Thiry-Five Thousand Four Hundred Dollars ($535,400.00), which exceeds the real property taxes owed by SCRG in the amount of Vive Hundred ‘Thirty- ' Title 33 of the Virgin Islands Code, section 2494a(1) states that “The Licutenant Governor, on behalbof the Goveriunent of the United States Virgin Islands, is authorized ta accept real property in lew of the payment of. or to sansiv a delet resulung from the non-payment of real property taxes owed to the Government,” ? Title 33 of the Virgin Islands Code, section 2494a(2) states that “L pon written request by a taxpayer, the Pax Assessor shall, upon actual view, value and appraise Gach property offered ta the Government under subscetion (a) of this sectian. Phe ‘Vax Assessor shall have access to the records of the Recorder of Deeds, the Commissioner of Public Works, er aim other officer of the Government of the United States Virgin Eskinds for purposes of appraising the property. Che method of appraisal and factors to be considered shall be pursuant to sections 2403 and 2404 of this tie. (pon completion of each appraisal, the Tax Assessor shall prepare a written statement of the marker value of the real property, including a isting of all alicnation of the property subject to taxation and all liens against the property, aceompanicd by it comprehensive statement of the unit prices or factors included or the method used in the compubiuent ot the total value, and promptly transmif it to the Lieutenant Governor. The taxpayer shall bear all costs associated with the appriusal.” Letter to the Honorable Senate President, Milton 15, Potter Re: Road Plot 1-1 Spanish Town, Road Plot 2-1 tistate Alnnaberg and Shannon Grove, Road Plot 3-1, Road Plot 10-4 and Road Plot 11- ! Estate Blessing, St. Cratx, US \ tres Islands Page 3 of 4 one ‘lhousand Six Hundred Hight Dollars and Six cents ($531,608.06) for 2016 — 2019 tax years, we respectfully recommend your approval. Pursuant to ‘litle 33 of the Virgin Islands Code, section 2494a(6)°, the Government of the Virgin Islands, Department of Sports, Parks & Recreation intends to utilize the Roadway Plots for the “Uston Cornclius Bike Coasting Park”, as evidenced in a letter dated October 21, 2025 from the Department of Sports, Parks & Recreation attached herein. Notwithstanding that ‘litle 33 of the Virgin Islands Code, section 2494a(4) states that “Injo acceptance of real property under this section shall be effective unless first approved by the Legislature’s Committee on Housing Parks and Recreation; provided, however, if the Legislature’s Committee on Housing Parks and Recreation has not acted to disapprove such acceptance within thirty (30) working days after receipt thercof, the acceptance shall be deemed approved and ratified”, because the proposed road plots will be used for a bike coasting park, we forwarded this proposal to the Chairman of the Committce on Culture, Youth, Aging, Sports and Parks according to the mandates of the Committee.* However, based on recommendation from the Honorable Senator Bolques, Jr., as memorialized in his letter dated December 20, 2025, we are forwarding this request and supporting documentation to you, as the Senate President for distribution to the proper Committee. 3 file 33 of the Virgin Islinds Code, section 2494a(6) states that: “Any real property accepted by the Government pursuant to this secnon shall be conveved and used by the Housing Mimainee urhenn to provide affordable housing and heme ownership, as provided under title 2b, of this Code or by the Department of Housing, Parks and Recreation for development of recreational facilities, including car racing tracks.” iinphasts added. * Committee on Culture, Youth, Aging, Sports and Parks shall: “1} receive, consider, and make recommendations on all bills relating to youth; youth training schools, the Legislative Youth Advisory Council, youth apprenticeship programs, youth protective services, the Virgin Islands Commission on Youth, and other youth programs; and matters related to youth; (2) receive, consider and make recommendations on all bills relating to sports, facilities and complexes, recreation centers, and physical fitness; (3} receive, consider and make recommendations on all bills relating to public recreation, sports facilities and complexes, horse racing, parks, sports faciliues and complexes, recreation centers, parks, horse racing, parks, game rooms, and other sports and recreational facilines; (4) receive and consider bills on other sports and activities; (5) receive, consider and make recommendations on bills relating to any matter that is relevant to the operation of the Committee on Culture, Youth, Aging, Sports and Parks; (6) all other bills related to youth programs; and fT) receive, consider, and make recommendations on all hills relating to antiquities and historic preservation, including bills relating to museums, cultural centers, government collections and depositories housed in the Territory and other depositories outside of the Territory.” See, Legislature of the United States Virgin Islands. Letter fo the Honorable Senate President, Milton EF. Potter Re: Road Plot 1-1 Spanish Town, Road Plot 2-1 Estate Annaberg and Shannon Grove, Road Plot 5-1, Road Plot 10-1 and Road Plot 11- t Estate Blessing, St. Croix, US Virgin Islands Page 4 of 4 We have also copied the Honorable Marvin \. Blyden, Chairman of the Committee on Housing, ‘Transportation and ‘Velecommunications herein. We request the proper Committee’s favorable approval. Tregépza “Roach, Esq. - Lieenant Governor of the U.S. Virgin Islands cc: Honorable Marvin A. Blyden, Chairman of the Committee on Housing, Transportation and ‘Telecommunications Encls: Letter from the Honorable Senator Angel L. Bolques, Jr. to the Office of the Lieutenant Governor dated December 20, 2025 “Acknowledgement of Receipf’ dated November 4, 2025 signed by Glenn Freeman at 9:57 on behalf of the Honorable Senator Angel L. Bolques, Jr. Letter from the Office of the Lieutenant Governor to the Honorable Senator Angel L. Bolques, Jr. dated November 3, 2025 Letter of Transmittal of Real Property Tax Assessment/Final Valuation from the Office of the Tax Assessor P.W. Drawing No. 3270-A D.P.N.R. DWG No. 4541 D.P.N.R. DWG No. 4541-C O.L.G. Drawing No. A9-113-C016 O.L.G. Drawing No. A9-115-C016 New OLG DWG#: D9-6721-C021 New OLG DWG#: D9-6724-C021 Property Record Card Real Property Tax Status Report Quitclaim Deed dated May 9, 2002 between St. Croix Alumina, 1.L.C and St. Crotx Renaissance Group L.L.L.P. conveying inter alia, Plot No. 1 Estate Spanish Town, Kings, Quarter, Plot No. 2 Estate Annaberg and Shannon Grove, Remainder Plot No. 5 Estate Blessing, King’s Quarter, Plot No. 10 Estate Blessing, King’s Quarter and Plot No. 11 Estate Blessing, King’s Quarter Letter from the Department of Sports, Parks and Recreation dated October 21, 2025 33 VLC. § 24940 — “Government leceptance of Real Property in Liew of Payment of Real Property Vanes” Legislature of the Virgin Sslands P.O. BOX 1690 ST. THOMAS, U.S. VIRGIN ISLANDS 00802 CHAIRMAN (340) 693-3571 Committee on Culture, Youth, Aging, Sports & Parks The Honorable VICE-CHAIRMAN Committee on Economic Development & Agriculture Angel Bolques, Jr. sg Committee on Rutes & Judiciary Senator- At-Large Committee on Homeland Security, Justice & Public Safety th r CL. Committee on Disaster Recovery, infrastructure & Planning 36 Legislature of the Virgin Islands — Sub-Committee on Energy & Infrastructure Development December 20, 2025 Honorable Tregenza A. Roach, Esq. Lieutenant Governor Government of the Virgin Islands 5049 Kongens Gade St. Thomas, Virgin Islands 00802 Re: BR25-0949 — Submission of Materials to Incorrect Legislative Committee Dear Lieutenant Governor Roach, I write in my capacity as Chairman of the Committee on Culture, Youth, Aging, Sports and Parks of the Thirty- Sixth Legislature of the Virgin Islands regarding the submission of materials pertaining to the Government’s acceptance of real property in lieu of payment of real property taxes under Title 33, Virgin Islands Code, section 2494a. It has come to my attention that the referenced materials were transmitted to the Committee on Culture, Youth, Aging, Sports and Parks. However, that committee is not the appropriate successor committee to the former Committee on Housing, Parks and Recreation for purposes of review under the statute. Pursuant to guidance from the Office of Legislative Legal Counsel, the proper successor committee with jurisdiction over this matter is the Committee on Housing, Transportation, and Telecommunications. As such, the submission should be transmitted to that committee for review and disposition in accordance with applicable law. Accordingly, please be advised that the materials should be formally re-submitted to the Committee on Housing, Transportation, and Telecommunications so that the statutory process may proceed properly. Should you have any questions or require further clarification, please do not hesitate to contact my office. Respectfully, ( r. The Hbnorabfe Ange? Boldues, Jr. Chair, Committee on Culture, Youth, Aging, and Parks Senator At Large, 36th Legislature of the Virgin Islands CC: Marvin A. Blyden THE UNITED STATES VIRGIN ISLANDS OFFICE OF THE LIEUTENANT GOVERNOR Tregenza A. Roach, Esq. Commissioner of Insurance Lieutenant Governor Chairman, V.I. Banking Board Acknowledgment of Receipt To: Honorable Angel L. Bolques, Jr. 36th Legislature of the Virgin Islands From: Nadja Harrigan, Esq. Legal Counsel Date: November 4, 2025 Please sign and date below to acknowledge receipt of the enclosed document. — — Name Date Esk Signature §049 Kongens Gade * Charlotte Amalie, St. Thomas, V.1. 00802 » Tel 340-774-2991 ¢ Fax. 340-774-6953 315 Prince Street © Frederiksted, St. Croix, V.I. 00840 © Tel: 340-773-6449 * Fax: 340-773-0330 THE UNITED STATES VIRGIN ISLANDS OFFICE OF THE LIEUTENANT GOVERNOR Tregenza A. Roach, Esq. Commissioner of Insurance Lieutenant Governor Chairman, V.!. Banking Board November 3, 2025 Honorable Angel L. Bolques, Jr. Chairman Committee on Culture, Youth, Aging, Sports and Parks 36" Legislature of the Virgin Islands P. O. Box 1690 St. Thomas, VI 00804 Re: Road Plot 1-1 Spanish Town, Road Plot 2.1 Estate Annaberg and Shannon Grove, Road Plot $-1, Road Plot 10-1 and Road Plot 11-1 Estate Blessing, St. Croix, US Virgin Islands Dear Honorable Chairman Bolques, Jr: This request is being forwarded to the Committee on Culture, Youth, Aging, Sports and Parks' in conformance with Title 33 of the Virgin Islands Code, section 2494a for the Committee’s approval? to approve the Government’s acceptance of real property in lieu of payment of real property taxes. ' Committee on Culture, Youth, Aging, Sports and Parks shall: “(1) receive, consider, and make recommendatons on all bills relating to youth; youth training schools, the Legislanve Youth Advisory Council, youth apprenticeship programs, youth protechve services, the Virgin Islands Commussion on Youth, and other youth programs; and matters related to youth, (2) receive, consider and make recommendations on all bills relating to sports, factlines and complexes, recreation centers, and physical fitness; (3) receive, consider and make recommendations on all bills relating to public recreation, sports facalitics and complexes, horse racing, parks, sports faciliues and complexes, recreation centers, parks, horse racing, parks, game ryoms, and other sports and recreational facilines; (4) receive and consider bills on other sports and activities; (5) receive, consider and make recommendations on bills cclating to any matter that ts relevant to the operation of the Committee on Culture, Youth, Aging, Sports and Parks; (6) all other bills related to youth programs, and (7) receive, consider, and make recommendations on all bills relating to anuquines and historic preservation, including hills relating to museums, cultural centers, government collections and depositones housed in the ‘Tertory and other depositories outside of the Terrttory.” See, Legislature of the United States Virgin Islands 2 Notwithstanding that Title 33 of the Virgin Island Code, section 2494a(4) states that “Ne acceptance of real proper uader this sccoon shall he effective unless Grse approved by the | egishinuec’s Committee on | lousiag Parks and Recreanos, provided, however. if the Leysslarare’s Committce on Housing Parks and Reereiton has not acted! to disapprove such 5049 Kongens Gade * Charlotte Amatie, St. Thomas, V.1. 00802 « Tel 340-774-2991 « Fax: 340-774-6953 315 Prince Street * Frederiksted, St. Croix, V.!. 00840 » Tel: 340-773-6449 « Fax: 340-773-0330 Letter to the Committee on Culture, Youth, Aging, Sports and Parks Re: Road Plot 1-1 Spanish Town, Road Plot 2-1 Estate elunabere and Shannon Grove, Road Plot 5 1, Road Plat 10 1 and Road Plot 1! 1 Estate Blessing, St. Croix, US Virgen Istands Page 2 of 4 The St. Croix Renaissance Group, LLLP (“SCRG”) owns Road Plots 1-1 Spanish ‘Lown (consisting of approximately 2.130 acres), 2-1 Estate Annaberg & Shannon Grove (consisting of approximately 1.074 acres), 5-1 Estate Blessing (consisting of approximately 0.334 acres), 11-1 Estate Blessing (consisting of approximatcly 0.166 acres), and 10 -1 Estate Blessing (consisting of approximately 0.206 acres), St. Croix, US Virgin Islands (hereinafter “the Roadway Plots”) and desires to convey the aforcsaid Roadway Plots to the Lieutenant Governor, on behalf of the Government of the Virgin Islands* in lieu of paying real property taxcs owed in the amount of ive Hundred ‘Thirty-one Thousand Six Hundred Eight Dollars and Six cents ($531,608.06) for 2016 — 2019 tax years. Pursuant to Title 33 of the Virgin Islands Code, section 2494a(2)', the ‘Tax Assessor conducted an actual view of the Roadway Plots and valued and appraised the real property at Five Hundred Thiry-Five Thousand Four Hundred Dollars ($535,400.00). Title 33 of the Virgin Islands code, section 2494a(3) states in pertinent part that “No real property shall be accepted for a less amount than the ourstanding taxcs, plus penaltics and costs.” Therefore, because the ‘Tax Assessor appraised the roadway plots at Five Hundred Thiry-Five Thousand Four Hundred Dollars ($535,400.00), which exceeds the real property taxes owed by SCRG in the amount of Five Hundred ‘Thirty- one ‘lhousand Six Hundred Eight Dollars and Six cents ($531,608.06) for 2016 — 2019 tax years, we respectfully recommend your approval. Because the property can only be accepted for affordable housing and home ownership or recreational facilities, pursuant to ‘litle 33 of the Virgin Islands Codec, section 2494a(6)°, the Government of the Virgin Islands, Department of Sports, Parks & acceptance within thirty (30) working days after cecerpr thiceof, the accephidce shall be deemed tpproved and cantiod” because the proposed reat property will be used fora bike coasting pach, we ton arded this propos to Che Committee on Culture, Youth, Aging, Sports and Parks according to the mandates of the Committee. ‘Title 33 of the Virgin Islands Code, section 2494a(1) states that “he J icutenant Governor on behal: of the Cavern of the Gnited States Virgin Ishinds, ts wathored to accept real property in hea of the payment of, or te sansty tide resulting Hom the now parment of real property taxes owed to the Govemmaient” ’ Title 33 of the Virgin Islands Code, section 2494a(2) states that “\ pon watten request by a Gixpaver, the Tay Assessor shall, upon actual view, value and appease cach property offered tothe Gov enimcut under subsce tian Qi) of this section the ‘Sax Assessor shall have access to the records of the Recorder of Deeds, the Cammussioner of Public Works, or any other ofticer of the Goverument of the Gained saates Virgin (slands for parposes of appraising the propery. Phe method of appraisal and factors to be considered shall he pursuant to sccnons 2403 and 2404 of this nile, Gpoa completion ot each appraisal, the ‘Tax Assessor shall prepare a written sneement of the marker value of the real proper, meluding a hsting of all alienation of the property subject to taxation and: all hens agains: the property accompanted iy a comprehensive stitement of the untt prices or factors included or the metho used in the con rpuranen of the total valos and promptly tansmit it to the Licutemant Gosvemnor, ‘The aspayer shall bear all costs associated with the apprtsal” 5“Vitle 33 of the Virgin Islands Cade, section 2494a(6) states that" Any teal property accepted by the Government puiesttnt 106 this scetion shall be conveved and used by the Housing Pmance Suthont to provide affordable boosie and hos Letter to the Committee on Culture, Youth, Aging, Sports and Parks Re: Road Plot 1-1 Spanish Town, Road Plot 2-1 Estate Annaberg and Shannon Grove, Road Plot 5-1, Rod Plot 10:1 and Road Piot tt ! Estate Blessing, St, Croix, US Virgin Islands Page 3 of 4 Recreation intends to utilize the Roadway Plots for the “Uston Cornelius Bike Coasting Park.” We request your approval.° Sincerely a hs : ean Governor ai the U.S. Virgin Islands APPROVED DISAPPROVED Honorable Angel L. Bolques, Jr. Honorable Angel 1. Bolques, Jr. Chairman Chairman Committee on Culture, Youth, Committee on Culture, Youth, Aging, Sports and Parks Aging, Sports and Parks ownership, as provided unler tile 2b, of thts Code or by the Pkeparmeet ol Flousine, Parks and Recieiion fon development of recreational tactics, mcludiny Gar niciag tricks.” Stile 33 of the Virgin Islands Code, secuon 244a(4) states thar “Ne acceptance of real property: wader this secu shell be effective unless first approved by the Legislature's Committee on Housing Parks and Reereanon: provided, however, if the Lepishituce’s Commutee on Housing Parks and Recrestion bas oocacied to disapprove such acceptance wilt thirt: (0) worktng days after cccespt thereof, the acceptance shall be deemed approved and raatied.” Nonwithstanding that ‘Title 33 of the Virgin Island Code, section 2494a(4) states that “No acceptince of rou! property andce this section shall Tie effecnve unless first approved by the Legishtsure’s Comimintce on Housing Parks and Receeauon, proviled, bowever, the Legislature's Commietice on Housing Parks and Recreation bas net acted to disapprove such aceephinee within hares (30) workmy dhas attee ceceipt thereof, the acceptance shall be deemed approved and canted, becuse the proposed reat peopeuy will be used tora bike coasting path, we forwarded this propasal to ihe Committee on Culture, Youth, .\ging, Sports and Parks according to the mandates of the Committee Letter to the Committee on Culture, Youth, Aging, Sporty and Parks Re: Road Plot 1-1 Spanish Town, Road Plot 2.1 Estate. tanaberg and Shannon Grove. Road Plot 3 1, Road Piot 10-1 and Read Plot It t Estate Blessing. St. Crowx, US Virgin Islands Page 4 of 4 Encls: Letter of Transmuttal of Real Property ‘fax Assessment) Final Valuatyon from the Office of the ‘Tax Assessor P.W. Drawing No. 3270-A D.P.N.R. DWG No. 4541 D.P.N.R. DWG No. 4541-C O.L.G. Drawing No. A9-113 COG O.L.G. Drawing No. A9 115 C016 New OLG DWG#: 19-6721-C€021 New OLG DWG#: D9-6724 C021 Property Record Card Real Property Tax Status Report Quitclaim Deed dated May 9, 2002 between St. Croix \lumina, L.J.C and Se Crosx Renaissance Group L.L.L.P. conveying inter alia, Plot No. t Estate Spanish Town, Kings, Quarter, Plot No. 2 Estate Annaberg and Shannon Grove, Remainder Plot No. 5 Estate Blessing, King’s Quarter, Plot No. 10 Estate Blessing, King’s Quarter and Plot No. 11 [state Blessing, King’s Quarter Letter from the Department of Sports, Parks and Recreation dated October 21, 2025 33 VLC. 2 2494a “Gorernarn) beeptans of Real Properiy i bce of Payereut of Real Property bainos” Office of the Tax Assessor Office of the Lieutenant Governor 1131 King Street, Suite 101 Christiansted, Se. Croix 00820 TO: Committee of Housing, Parks and Recreation 36" Legislature of the Virgin tslands Charlotte Amalie, St. Thomas, V1 00802 RE: Real Property described as Road Plot 1-! Spanish Town, Road Plot 2-1 Annaberg and Shannon Grove, Road Plot 5-1, Road Plot 10-1, and Road Plot 11-1 Blessing St. Croix, US Virgin Islands PROPOSED PARCEL NUMBER: 2-08200-0301-LB DESCRIPTION OF SALIENT FEATURES: Zoning: I-] Heavy Industrial Topography: Gentle Slope Property Type: Road Property Use: Industrial Developed Land PROPERTY OWNER: St. Croix Renaissance, LLC SCOPE OF WORK: To form an opinion of value for presentation to the Legislature for review of subject road plots and their intended use. The opinion of value is to assist in determining value of roads to be accepted by the Government of the US Virgin Islands as Real Property in Licu of Taxes per Title 33 V.LLC. Section 2494a, Government acceptance of real property in lieu of payment of real property taxes. The subject parcels are adjacent to the existing public road plots leading to the container port and are heavily traversed with average pavement on a portion of the roads. The Value was prepared in conformance with guidelines and recommendations set forth in the Uniform Standard of Appraisal Practice (USPAP) and the International Association of Assessing Officers. ((AAQ). The method of value determination was completed pursuant to Title 33 V.ILC Section 2403, method of making assessments. DATE OF REPORT: October 31, 2025 DATE OF INSPECTION: October 6", October 8", and October 29", 2025 METHOD OF VALUATION: Cost Approach Road is heavily traversed with portion of the road having pavement. The subject parcels are 3.91 acres or 170,320 square feet. Asphalt paving is found on Road Plots I-] and 2-1 and is joined to existing public road plots 4-AB, 4-ABB and 4-ABC. Road Plots |-1 and 2-1 are 30 feet wide, but per site inspection, determination was made that only 17 of the 30 feet is paved. Paving accounts for 1.81 acres or 78,897 square fect. Land: $333,800 (3.91 acre or 170,320 square feet) Improvement: $201,600 Asphalt Paving (17 x 4641 feet or 78,897 square feet) Final Value. $535,400 MAP REFERENCES: 3270-A 4354\ 4541-C A9-113-CO16 A9-115-CO16 D9-6721-C021 D9-6724-C021 Other supporting documentation contained within digital work file SIGNATURE: “eho Ere DQ Pedi Toy Assen " I i — — = cE = ee ete She an = a = ere eee Tr La Tete crahiete: + ¢ © bo B fdett ss tort ag: dite 300% 3.7552 POT ST eT vse he” ser y Deas Met we we vente, phe & Pont OF Su einto G_ eSetetis Bee R Ss 9d MN StH © ge iol id “ye © wes Eomregr ee Te ae ors Verge eal woh ages otit) ° pectire guns | 22500 oS eta ac TRO pee dre TL o wmDe i eeseteo O* nis e aa8ree Mapas neOue + fes° 000 sonra eneaeoe eretue Teter he Cid adeeve att Se walese gaeh Nemaee TS STH aus? beord 64% De. od Bea ee Tem Teeatee Me ,pcomertine sh rian. sosve gate sco ee x vdse ted tf erat, 28 dzpvbees + He we wm ke tue gee 8 Bde Pre Pep sles De PEE S oF NIE SEE © Vooseetyer eeyee 2 Bees EF vaxene lr erOe Go te 84s OS DI~HECIES BeerrO Fy Tet ase eat Ye, st 2559 7, -sme 5. 9 oats wade e Ba reetined 4 3352 == fe ewe Oe bass Ushesvee #7 Pn et ee CL Se he wos ded Te pee Fe oe we rr soe Umaseaes IS, ADdwrebe | Dee VATel ¥ Fawars + ange By FEDase 2s BIST HE 8 wine. 26 sOgs te. t=hT 1 wae dee SD, sere Bore ee a Giseeee oF eRe ecnes ote GOK s se BIeTHE EF Seubert cc, suede GO. te wed oem ees 4 piste. 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B-B & Rem # Patete Coste Contry inte Costts Coakiry Land fuser Quarter Conpatitaton af Piet Ho ', § ¢. 5 and & 3 LMETREE B47 into eee Pini No ¢ LIMSTRED BAY “Reclaimed Land” Spurery DPryerores (He feland af Si Creds, Eniled Statae Yiegin Jolande Pee me os Tf =e Nyeeerr my i ASTRERRBEASD iy a " THere Mee Tree Pate on PTT yyy yr re DUDRMEDDERDD: 1209- \ZW%6a ~~ | ZELKOZ “gs eel et ~ eee “a: | ame Ur ary Spues uaa OID Wes “ZAVRNYH Bury HOU UTUUEYS Pye aqeuuy 9 UMNO] UsUeds Sa;t Ty sAQUD VOUUEYS pue Sageuuy z Id | WO) [-7 10tg PLOY 'g } WIAD] YBUEDS J WIg | ___ Y T- F tig peoy 40 vorspupgns | Z 40 7 yoays | dew sysodwo} penal raed hater s Vee lame OL \ / a ee oa ——————— WM) hiss UE pe Pie at Br amd ote er 2a 1 TIGE FNAL ONY G2OE ¥IEPTIDIO MH SOOM TN 14 BAND AUAIIWO B ALOU I | 408T 'S Vad | DCRR DORK, ON TENG ALINTUNINCD ALYY Deerensen Ooo RAL OS SOBCMOOOW _¥ FNOZ, MLL 371 0) Serle hut iy Or Caan 7S Chg MIL ACR HLeOre Cit NOLL eROS9C ANVOMNOS 1 ‘SALON od s Uelaats 2 LARA « Kiam PasunAa] « Bude Bete Uae BL: ‘ ____WAIGSOG S98 | ye AMEDD SRO ELITE Yeas — = = j | 2075. | | Se ee i ; =z 4 j ! } | [ { | dapenpiny Log | _ | aig | | emniaty en53 | le —— lew ow | tS @AOJD UOULEYS { g Geqeuuy 912153 a 7 Wid OU toed ER = a, su3necd — ove We AEN VV LY x 135 Shtid NOW! ee fo ye sn 947 H 9 'ON Wig OULD, E-Z Wid peay | | 4 i Gev-> ond PRONG, ee Wn we | ee al m. 1 BAGH DOLUBYS | 19 eqruuy anis3 1 MBO UZ 1S | eo nee mo ata | umoy ysqueds 232353 | T Wid I San, Be peoy syang “f+ DW SA ETT wwe i CV- 304g peow TT WOld PEO gt ert 3 31 phox a | : Bert 70 415 | —eneews tt i Ruyssagg 030353 { @-¥ 304g Sursnoy 1nd { WOE ON “nie © sur 1 ht Gowen Cane Drgerapcing + baer Bond Mt oe desig a | Te Moar ue [ ] =H Arerst Sama Refinery Plot No. 2 1 Cs elon fee ay ow _ ay Terminal Pot No. 1 ie Reto Nis OF 217W 31 Road Plot 5-1 aa on Fw e Plot 2 0.334 US AC 4/- ee m7 N. i NOTES: Inar ve Soate' sslerere SS a \ SQUNDARY DESCRTION AND NOITH ARROW REFTR TO OLG Sa Road Plot 10-1 us — ; 7 = 0.206 US AC +/- » NOOD NCLBANECE BATE Mane COnanIMETY POOL OO ye0000 O08 6 3 pee A790. 16. 1007 1 if 65 CLRENTLY TONED & 0.166 US AC a4 “ SACTHOOS &4 OLCTAABER BOD At SOME 20017 Pip? S — Ptot 11 ‘pate aaa LEGEND: "OT PROP Let Ularty Poa i? ON OER PROPERTY unt PON PW FOLD ite sieve: Best & oH On ST ler) Sheet 2 of 2 Subdivision of Road Piot S-1 from Plot 5 & Road Plot 11-1 from Plot 11 & Road Plot 10-1 from Piot 10 Estate Blessing King & Queen Quarter, Saint Croix, Virgin Islands Ow 1 400m 302: hee ie Ds 2 Ce ¢ © mM mony