(a) Notwithstanding any other provision of law to the contrary, whenever real property owned or leased by the Authority is made available for commercial use by other than the Authority, not less than 75% of such property in generally defined areas such as ports and airports shall be reserved for the use of applicants who would qualify as Minority Business Enterprises as that term is defined in Title 49, part 23 of the Code of Federal Regulations and who would qualify for assistance under Title 11, chapter 23, section 1252, subsections (a), (b) and (c) of this Code (the eligibility standards for the Small Business Development Agency); provided, however, that no one person, sole proprietor, partnership, corporation or any other business organization shall own, lease, rent, or otherwise possess more than one commercial enterprise at any one airport or port facility.
(b) Notwithstanding any law to the contrary, the Virgin Islands Port Authority, as an instrumentality of the Virgin Islands Government, is hereby authorized and directed to provide space to the American Legion Post #90 in building No. 18, Subbase, St. Thomas, Virgin Islands for a period of not less than five (5) years at a reduced rate of rental.