7 chapters · 136 sections in this title.
30 V.I.C. § 101 Declarations of findings and policy
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(a) An adequate supply of water and electric power is essential to the public welfare and the economic health of the Virgin Islands. (b) Acute, severe and chronic water and electric power supply problems afflict the Virgin Islands. (c) The inadequacy of existing water and electri…
30 V.I.C. § 102 Definitions
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(a) The term “Authority” shall mean the Virgin Islands Water and Power Authority created by this chapter. (b) The term “Board” shall mean the Governing Board of the Authority. (c) The term “facility” shall mean any one or a combination of two or more of the following for supplyin…
30 V.I.C. § 103 Creation of Virgin Islands Water and Power Authority
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(a) There is hereby created a body corporate and politic constituting a public corporation and autonomous governmental instrumentality of the Government of the Virgin Islands, by the name of the “Virgin Islands Water and Power Authority”, which shall be governed by a board consis…
30 V.I.C. § 104 Governing Board and other personnel of Authority
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(a) The powers of the Authority shall be exercised by a Governing Board consisting of the members of the Authority acting as a board. The Board shall meet and organize and, as soon as practicable, shall elect a Chairman and Vice Chairman from among its members, and appoint an Exe…
30 V.I.C. § 105 Powers of Authority
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(1) The Authority is created for the purpose of developing and utilizing and aiding in the development and utilization of adequate water and electric power systems for the people of the Virgin Islands, and any other service or facilities incidental or appropriate thereto, includi…
30 V.I.C. § 106 Authorization of issuance; security, tax exemption; terms and conditions; etc
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(a) By authority of the Government of the Virgin Islands under section 8(b)(i) of the Revised Organic Act of the Virgin Islands, as amended, which is hereby granted, the Authority may issue and sell bonds from time to time and have outstanding at any one time, exclusive of bonds …
30 V.I.C. § 107 Powers of Authority with respect to bonds
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(a) In any resolution or resolutions authorizing the issuance of bonds, the Authority may contract with the holders of the bonds to undertake and obligate itself of such commitments, as long as the bonds are outstanding and unpaid, as are deemed by the Board to be necessary and a…
30 V.I.C. § 108 Right to receivership upon default
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(a) The Authority is authorized to covenant for the right to receivership upon default as hereinafter set forth in subsections (b) to (f) of this section inclusive, or to limit such right by definition of default or otherwise, in its agreement with the bondholders. (b) In the eve…
30 V.I.C. § 109 Remedies of bondholders
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(a) Subject to any contractual limitations binding upon the holders of any issue of bonds, or trustees therefor, including but not limited to the restriction of the exercise of any remedy to a specified proportion or percentage of such holders, any holder of bonds, or trustee the…
30 V.I.C. § 110 Bonds of Authority legal investments for public or private funds
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The bonds of the Authority shall be lawful investment, and may be accepted as security, for all fiduciary, trust and public funds, the investment or deposit of which shall be under the authority or control of the Government of the Virgin Islands or any officer or officers thereof…
30 V.I.C. § 111 Exemption of Authority from judicial process and taxes
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(a) All property including funds of the Authority shall be exempt from levy and sale by virtue of an execution, and no execution or other judicial process shall issue against the same nor shall any judgment against the Authority be a charge or lien upon its property; provided, ho…
30 V.I.C. § 112 Financial assistance; guarantees and purchases of bonds of Authority; loans and grants
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(a) For the purpose of assisting the Authority with its financing, the Government of the Virgin Islands, to the extent permitted by the Revised Organic Act of the Virgin Islands, as amended, or any other applicable Federal law, may—(1) guarantee payment of the bonds of the Author…
30 V.I.C. § 113 Authorization of issuance of bonds of the Government of the Virgin Islands
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In pursuance of section 8(b)(ii) of the Revised Organic Act of the Virgin Islands, as amended, the issuance of general obligation bonds or other obligations by the Government of the Virgin Islands, not in excess of five million five hundred thousand dollars ($5,500,000) in aggreg…
30 V.I.C. § 114 Other assistance of Government of the United States Virgin Islands
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(a) For the purpose of further aiding the Authority in developing and maintaining the Virgin Islands Water and Power Systems, the Government of the Virgin Islands or any political subdivision thereof, may at the request of the Authority and upon such terms, with or without consid…
30 V.I.C. § 115 Moneys and accounts of Authority
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(a) All moneys of the Authority shall be deposited in qualified depositories for funds of the Government of the Virgin Islands, but they shall be kept in separate accounts in the name of the Authority. The disbursements shall be made by it pursuant to regulations and budgets appr…
30 V.I.C. § 116 Competitive bidding
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(a) All purchases and contracts for supplies for services, except for personal services, made by the Authority, including contracts for the construction of facilities of the Authority, shall be made after advertisement for bids sufficiently in advance of opening bids for the Auth…
30 V.I.C. § 117 Contributions to Employees Retirement System and Government Insurance Fund; Unemployment Compensation and Social Security Coverage
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(a) All officials and employees of the Authority shall be covered by and subject to the Employees Retirement System of the Virgin Islands and the Workmen's Compensation Act. The Authority shall contribute to the Retirement System of the Government of the Virgin Islands its share …
30 V.I.C. § 118 Reports
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The Authority shall submit to the Legislature and to the Governor of the Virgin Islands, by January 31 of each calendar year (1) audited financial statements, to include balance sheets, statements of revenues, expenses and changes in net assets, and statements of cash flows, and …
30 V.I.C. § 119 Agreements of the Government of the Virgin Islands
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The Government of the Virgin Islands does hereby pledge to, contract and agree with, any person, firm or corporation, or any Federal, Virgin Islands or state agency, subscribing to or acquiring bonds of the Authority or of the Government of the Virgin Islands issued for the purpo…
30 V.I.C. § 120 Injunctions
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An injunction shall not be granted to prevent the application of this chapter or any part thereof.
30 V.I.C. § 121 Lack of jurisdiction of other agencies
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(a) No officer, board, commission, department or other agency or political subdivision of the Virgin Islands shall have jurisdiction over the Authority in the management and control of its properties and facilities or any power to require a certificate of convenience or necessity…
30 V.I.C. § 122 Applicability of other laws
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Nothing in this chapter shall be construed as exempting the Virgin Islands Water and Power Authority from any law made specifically applicable thereto or generally applicable to public utilities, or independent instrumentalities of the Government of the Virgin Islands, whether su…
30 V.I.C. § 123 Separability of provisions
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If any provisions of this chapter or the application of such provisions to any person or circumstance shall be held invalid, the remainder of the chapter and the application of such provisions to persons or circumstances other than those as to which it shall have been held invali…
30 V.I.C. § 124 Compliance with the Virgin Islands Coastal Zone Management Act of 1978
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Notwithstanding any provision in this chapter to the contrary, the Authority shall comply with and be subject to all provisions and requirements of Title 12, chapter 21 of this Code (Virgin Islands Coastal Zone Management Act of 1978).
30 V.I.C. § 125 Reading of electric power service meters
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(a) The electric power service meters shall be read at least once every month. (b) The Authority shall make the actual reading and date of the reading available to the customer on the customer's bill not later than 30 days after the date of the reading. (c) The Authority shall gi…
30 V.I.C. § 126 Separation of accounts
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The Authority is prohibited from disconnecting both electric and water services from a customer where the customer is delinquent in payment for only one service.
30 V.I.C. § 127 Back billing
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(a) The Virgin Islands Water and Power Authority may not back bill customers for additional consumption of water, or electricity power due to faulty meters or previous billing errors, except as provided in this section.(1) In cases of non-functioning or defective meters, the auth…
30 V.I.C. § 128 Quarterly LEAC filings
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The Authority shall submit quarterly Levelized Energy Adjustment Clause filings to the V.I. Public Services Commission for rate adjustments. Filings are due by the 15th day of the month following the close of the quarter. LEAC filing dates are January 15th, April 15th, July 15th,…