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ce services. This marina also includes dry slips which are not included in this analysis. This marina is located in Spanish Town on the island of Virgin Gorda. Both wet and dry slips are offered but the dry slip rates have not been considered In this analysis. Thereare sorne retail andoffice components

.33 <100' 578.32 $939.88 T-Head $71.78 $861.40 Virgin Gorda Yacht Harbor 120 <55' $34.98 $419.75 St Thomas Bay 561-79' 576.04 $912.50 Virgin Gorda, TM 44' $83.65 $1)003.75 ServiCes/Arnenities Mixed.use marina property that contains shops, restaurants, offices and water- s ports rentals in

3860 irr® Integra Realty Resources Caribbean December 15, 2015 Roberto A. Soltero Vice President Banco Popular de Puerto Rico PO Box 362708 San Juan, PR 00936-2708 6500 Red Hook Plaza Suite 201 St. Thomas, VI 00802 US. Virgin Islands T 340.714-7325 www.irr.com SUBJECT: Market Value Appraisa

an's Cove, St. Thomas for Marriott Vacation Club, Inc. 2009-2015 Environmental Monitoring for the development of Oil Nut Bay, and YCCS Yacht Club, Virgin Gorda, BVI, for Victor International 2008-2009 Environmental Monitoring of the development of Scrub Island, BVI, for MainSail Development, LW 2007 — 201

e U.S. Army Corps of Engineers Antilles District, Annex Building, Fundacion Angel Ramos, 2nd Floor, Suite 202, Franklin Delano Roosevelt Ave. #383, San Juan, PR 00918 for their review and approval. Early advice concerning your decision in this matter will be appreciated. Very truly yours, Erika Kellerh

n Mon - Sun Mon - Thurs, Sat 5:30 p.m. Virgin Gorda Thursdays & Sundays Departs Red Hook, St. Thomas Departs St. John 8:00 a.m. 8:30 a.m. Departs Virgin Gorda 3:00 p.m. Anegada 1st Sunday of Month (by reservation only) Departs Red Book, St. Thomas Departs St, John 7:30 a.m. 8:00 a.m. Departs Anegada 4:00

“They took care of us all week- end,” Cofiell said. “They gave us a place to stay and ground transporta- tion. They even took us sightseeing of old San Juan before being dropped at the airport. “We invited them to come to St. Croix and play us during the Vir- gin Islands-Puerto Rico Friendship weekend; h

U.S. Virgin Islands [email protected] www.irr.com December 15, 2015 Roberto A. Soltero Vice President Banco Popular de Puerto Rico PO Box 362708 San Juan, PR 00936-2708 SUBJECT: Market Value Appraisal IGY American Yacht Harbor Marina 18A-1, 18-B1,18-B and 18-W Remainder Estate Smith Bay East End Quart

ysis. Virgin Gorda Yacht Harbor 120 <55' $34.98 $419.75 This marina is located in Spanish Town on St Thomas Bay 56'-79° $76.04 $912.50 theisland of Virgin Gorda. Both wet and Virgin Gorda, BVI <80' $83.65 $1,003.75 dryslips are offered but the dry slip rates have not been considered in this analysis. There a