Obligations of the beneficiary

29 V.I.C. § 746 — under Economic Development and Incentives.

29 V.I.C. § 746

(a) A beneficiary shall be required to promote the sport and/or recreation activity to young people within the territory by sponsoring and/or co-sponsoring youth leagues, which may include inter-island competitions between high schools.

(b) A beneficiary shall hire and train individual employees pursuant to the provisions of Title 29, chapter 12, section 710, Virgin Islands Code.

(c) A beneficiary shall hire and train at least one local resident for a management position for every three managers on staff, with no limitation on the number of residents who may become managers.