Monday, May 12, 2008

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This was in the st john source today. There was no mention whatsoever of www.stjohnvillarental.com, which was very surprising.

Ferry Operators Must Bring 5:30 a.m. Run Back, PSC Rules
by Bill Kossler

Kenrick Augustus, general manager of Transportation Services speaking at Friday's PSC hearing.
May 10, 2008 -- The V.I. Public Services Commission voted Friday to make St. Thomas-St. John ferry operators resume their 5:30 a.m. run.
Kenrick Augustus, general manager of Transportation Services, said his ferry company and Varlack Ventures, the other ferry company on the route, had eliminated some of the early-morning trips because not enough passengers were coming to make the trip profitable. The trips scheduled on the half hour were canceled.
"It only made sense, from a business standpoint, to cut the runs to those proven to be viable," Augustus said. The rising cost of fuel was a major factor, he said.
PSC commissioner and St. John resident Alecia Wells objected, saying there are teachers and students who cannot afford to be late to school.
After some discussion, Wells moved that the 5:30 a.m. run be reinstated immediately and the PSC revisit the question of the other canceled runs in 30 days, after investigating the ferries' ridership over that time. The 5:30 a.m. ferry will resume Monday, Augustus said.
Voting yes were Wells, Joseph Boschulte, Donald G. Cole, Verne C. David and M. Thomas Jackson. Sirri Hamad was absent.
On the St. Croix-St. Thomas ferry route plied by V.I. SeaTrans ferries, the PSC voted to approve existing ticket prices, making what were temporary rates the official rates.
Voting yes were Boschulte, Coles and Jackson. Wells and David abstained.
V.I. SeaTrans Executive Director Marjorie Smith also asked for a $6 per round-trip fare surcharge to help pay for skyrocketing fuel costs, and was denied for now.
The PSC voted to suspend discussion of the question for "not more than eight months." By law, they must vote within eight months or the fee goes into effect automatically.
Voting to suspend were; Boschulte, Cole, David, Jackson and Wells. Hamad was absent.
Moving to telecommunications issues, Innovative Communication Corp. (ICC) Chapter 11 trustee Stan Springel said the Vitelco telephone and Innovative Cablevision services regulated by the PSC will be sold at auction June 16.
The parent companies are in bankruptcy, but the component companies are not. Springel has been assigned to organize the sale of the assets to pay off the debts of the parent company. ICC also owns the V.I. Daily News and TV Channel 2, and these are also being auctioned, but are not regulated by the PSC.
In the first round of the process, more than 400 companies were solicited for bids, Springel said. Of those, about 100 have gone so far as to sign non-disclosure agreements and have begun looking closely at the companies' assets.
"We anticipate selecting five to seven firms to take into round two of the process, which will be much more in depth," Springel said.
Under V.I. law, the PSC must approve the sale of the phone and cable companies. Springel asked the PSC to give him details of what the PSC would expect of a new owner so he can provide the information to potential bidders.
The PSC voted five to zero to lay out their concerns in writing before June 2. Voting yea were Boschulte, Jackson, Cole, David, and Wells.

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