EDA Boards Close Out Year With Removals, Incentive Approvals, and Compliance Actions

The agencies under the umbrella of the Economic Development Authority held their usual back-to-back session on Thursday, issuing a number of decisions on pending applications in the last meeting of the year.  The Enterprise Zone Commission convened first and approved two applications by property owners to be removed from the list of tax benefit recipients. The owner of the first property, 11 B General Gade on St. Thomas, had become unresponsive to compliance requests and failed to attend a scheduled meeting to determine the way forward, said Grants and Compliance Officer Sheila Anthony. As such, EZC staff recommended that they be struck off the list.  The second property owner had sent an email requesting to be withdrawn from the program, due to “timing conflicts,” Ms. Anthony said. However, this was after they too failed to submit the necessary compliance documents required to maintain access to tax benefits for the property on 50 2B Company Street, Christiansted.  Ms. Anthony info...