From: "Walter Challenger" <1 Date: May 12, 2011 8:48:04 AM GMT-04:00 To: "Cecile de Jongh" "Denise Mills" < Cc: "Denise Mills" 'Maria Hodge" Subject: TWA Applications & Application Fees Good morning Mrs. deJongh: Denise Mills asked that I provide a response to this concern. We appreciate your stated position; and we assure you that this is not any waiver of any requisite application fee by the Virgin islands Port Authority ("VIPA"). You are absolutely correct that each application requires an application fee, and that is our practice. However, it has also been our practice to balance acceptance of any application fee with whether or not we (also) intend to accept/act upon any given application. With that said, we realize that we accepted and deposited and application fee from TWA on October 18, 2010 - for prospective space to construct a hangar at the Cyril E. King Airport ("CEKA"). Since that application has not yet been processed; and since that time, the prospect of available hangar space (i.e. instant 3600 s/f) came into focus, along with accompanying application and fee delivered by Ms. Morrell, I felt it prudent to make certain that there was clarity regards these issues. Moreover, given the application fee from Ms. Morrell was cash, to have deposited same and then having the potential to have to reimburse because of any "double payment", I felt it best not to accept it at that time. I realize that I did not provide these details to Ms. Morrell yesterday. Moving forward, it is now my understanding that TWA wants to keep its other two applications "active" even with the newest one for the 3,600 s/f in play — and that is entirely acceptable. As I am sure you are VIPA, continues to perform due diligence regards the potential areas with regards to the prior two applications. Given that the 3600 s/f of space will become vacant in the near future, and given that TWA intends to maintain "active" the most recent, prior two applications (i.e.: [1] land to build hangar; [2] area for self-fueling interests), we are now clear that the instant $150 application fee will be required. Just as an aside, TWA's 01/22/2010 application for prior vacated space (7200 s/f) at the General Aviation hangar, was also submitted with a $150 application fee (check #1334, dated 01/21/2010) that was not redeemed, since VIPA did not act on the application. That unredeemed check is being forwarded to contact person Atty. Maria Hodge. I trust this has provided some clarity to how we deliberated these matters. Sincerely, Walter L. Challenger, Jr. EFTA00674806