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Bill

Bill

36-0089

An act approving the lease agreement between the Government of the Virgin Islands and PEO Productions, LLC d/b/a WSTA Radio, for Parcel No. 121 Submarine Base, No. 6, Southside Quarter, St. Thomas, Virgin Islands, Parcel No. 167 Sub Base, No. 6, Southside Quarter, St. Thomas and Parcel No. 171 Sub Base, No. 6, Southside Quarter, St. Thomas

2025-2026 Regular Session

Bill approves lease of three Submarine Base parcels to WSTA Radio, authorizing government property use by private broadcaster without disclosing financial or operational terms.

Introduced
0
WeVote Research Nonpartisan
Bill Summary · 36-0089

Legislative bill overview

This bill approves a lease agreement between the Virgin Islands government and PEO Productions, LLC (operating as WSTA Radio) for three parcels of land at the former Submarine Base property on St. Thomas. The lease allows the radio station to operate from these government-owned properties.

Why is this important

The bill authorizes the use of valuable public real estate and establishes the terms under which a media broadcaster can operate from government facilities. This affects both the government's revenue from lease payments and the radio station's ability to continue broadcasting services to the community.

Potential points of contention

  • Lease terms transparency: The bill text doesn't specify the financial terms (rent amount, duration, escalation clauses), which makes it difficult to assess whether the government is receiving fair market value for public property
  • Public property use: Questions may arise about whether leasing former military property to a private broadcaster represents the best use of government real estate, particularly given the specific parcels involved
  • Competitive bidding: No information is provided about whether this was an open competitive process or a negotiated agreement, raising concerns about procurement fairness

Compiled from official sources — confirm details with the bill’s official record.

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