V.I. Code tit. 29, § 803 (2019)
2019 US Virgin Islands Code|Title 29 - Public Planning and Development|Chapter 13 - Economic Park Development|Subchapter I - Declaration of Purpose; Short Title; Definitions|§ 803. Definitions

 As used in this chapter, unless the context requires otherwise, the following words shall have the meaning set forth in this section: (a) “Corporation” means the Economic Development Park Corporation created by this chapter. (b) “Chief Executive Officer” means the Chief Executive Officer of the Virgin Islands Economic Development Authority. (c) “Board” means the governing board of the Corporation. (d) “Bonds” means bonds, notes or other evidences of indebtedness or obligations authorized to be issued by this chapter. (e) “Holder of bonds” or “bondholders” or any similar term means any person who is the bearer of any outstanding bond or bonds registered to bearer, or not registered, or the registered owner of any outstanding bond or bonds which at the time shall be registered other than to bearer. (f) “Industrial park project” or “project” means any building, whether or not in existence or under construction or other improvement, purchase of an existing building, refinancing of an existing building in order to facilitate substantial improvements thereto, or real estate improvements, including remodeling and refurnishing of or adding to existing property or both, and, if a part thereof, the land upon which it is located, all real property deemed necessary to its use, and the extension or provision of utilities, access roads and other appurtenant facilities, which are to be used or occupied by any person granted economic development benefits under chapter 12 of this title or any other person desiring to utilize same for business or industrial purposes, for the manufacturing, processing or assembling of materials or manufactured products, or for research, office, recreational, retail, hotel, industrial, warehousing on commercial facilities, or for any combination thereof, and which the Corporation determines will provide gainful employment for the people of the Territory of the Virgin Islands, increase the tax base of the economy or maintain or diversify and expand industry. “Project” also includes machinery and equipment, and may include a pollution control facility. (g) “Person” means any individual, firm, corporation or partnership. (h) “Pollution control facility” means any equipment, improvement, structure or facility or any land and any building, structure, facility or other improvement thereon, or any combination thereof, whether or not in existence or under construction, or the refinancing thereof in order to facilitate substantial improvements or additions or upgrading thereof, and all real and personal property deemed necessary therewith, having to do with or the end purpose of which is the control, abatement or prevention of land, sewer, water, air, noise or general environmental pollution deriving from the operation of public utility, industrial commercial, retail, hotel, office and research facilities, including, but not limited to any air pollution control facility, noise abatement facility, water management facility, thermal pollution control facility, radiation contamination control facility, waste water collection system, waste water treatment works, sewage treatment works system, sewage treatment system or solid waste disposal facility or site or other pollution control facility, whether publicly or privately owned and/or operated.