GOVERNMENT & POLICE NEWS

Elections System to Register Voters at the 45th Annual Ag Food Fair

The members of the Joint Board of Elections and the Office of the Supervisor of Elections invite the public to…

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Half a dozen young people, local artists and music producers have created a peace song for Carnival 2014. To read more about the song, click here.
 

 
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The Bookworm: 'The Golden Lad'

About halfway through, this book turns the story somewhat away from the “old lion” and toward that of his beloved son, becoming a daredevil-adventure tale of a swashbuckling  soldier.

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2016-02-10 21:06:08
UVI Joins AgDiscovery Network of Summer Programs

The University of the Virgin Islands (UVI) has been selected to join the AgDiscovery network of educational institutions that offer a federally funded, residential summer program.

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2016-02-10 04:26:06
UVI Student Gets Name for V.I. Cove Approved

The body of water just south of the Cyril E. King International Airport has a new name: Hawksbill Cove. In 1992, the airport underwent a massive construction process, which extended the runway from 4,200 feet to 7,000 feet, stretching into the Caribbean Sea. The result was an artificial cove that had no name – until now.

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2016-02-10 04:17:47
Local news — St. Croix
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Home Depot Opens New Store on St. Croix

Home Depot will open the big orange doors of its new store on St. Croix Wednesday, but they won't do anything as tame as a ribbon-cutting ceremony to mark the occasion.

Store manager Melissa Ward and other officials will take part in a "board cutting," a ceremony more befitting the latest in Home Depot's chain of 2,245 stores that stretch from its Atlanta headquarters to China.

The first sign that the long-awaited store was ready to open came with little notice or fanfare Tuesday afternoon when the Department of Public Works activated the new traffic signal on Melvin Evans Highway at the entrance to Island Crossing. The signal has been blinking yellow since early August, but now motorists will have to accustom themselves to an extra intersection on the highway.

The grand opening dedication ceremony and Neighborhood Night will take place from 5 to 8 p.m. Wednesday.

Home Depot, with its staff of more than 100 employees, is the centerpiece of the Island Crossing shopping center that has been a subject of discussion and contention for at least four years. Built by the V.I. company Caribbean Development Partners, the shopping center will eventually encompass 250,000 square feet of retail and storage space. The development Island Crossing is the first beneficiary of an economic development tool called tax increment financing (TIF), in which private developers can use public money to help defray the cost of a development, paying for it by pledging projected future gains in tax revenues from the current improvements that will create those future gains.

The theory is that if the public funding makes feasible a project that otherwise would not happen, the increased tax revenues it will bring in can justify and, through TIF, actually finance the upfront public expense, bootstrapping economic development. The developer is liable for the bonds if the tax revenues don't appear, theoretically protecting the government from any risk of losing money on the deal.

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