3 La Grande Maison, St. Martin: Sale of

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A decision made 31 October 2011:

Decision Reference: MD-H-2011-0104
Decision Summary Title :	DS – Sale of 3 La Grande Maison		Date of Decision Summary:	27th October 2011
Decision Summary Author:	Property Marketing and Sales Officer		Decision Summary: Public or Exempt? (State clauses from Code of Practice booklet)	Public
Type of Report: Oral or Written?	Written		Person Giving Oral Report:
Written Report Title :	WR – Proposed sale of 3 La Grande Maison		Date of Written Report:	24th October 2011
Written Report Author:	Property Marketing and Sales Officer		Written Report : Public or Exempt? (State clauses from Code of Practice booklet)	Exempt Clause 3.2.1(a)(i)
Subject: Social Housing Property Plan 2007–2016 (P6.2007): Sale of 3 La Grande Maison on the Open Market
Decision(s): The Minister Approved the sale of 3 La Grande Maison, La Route de St Catherine, St Martin to the purchaser set out in the attached report, for the sum of £634,500 upon receipt of the highest tender submitted and in accordance with HD22 ‘Valuation Policy for Sales’. Requested that the Minister for Treasury & Resources approve the sale and authorise the Greffier of the States and Attorney General to pass the necessary contract of sale before the Royal Court. Decided that, in accordance with States approval of P6.2007, the resultant capital receipt is to be credited to the Housing Department’s Capital Works Programme.
Reason(s) for Decision: To ensure that the sale is carried out in accordance with Standing Order 168 and the States approval of P6.2007.
Resource Implications: Financial: £634,000 receipt to be credited to the Housing Department’s Capital Works Programme.
Action required: Director of Strategic Development to arrange for Treasury and Resources Minister approval and oversee the passing of the contract and receipt of funds.
Signature:		Position: HOUSING MINISTER
Date Signed:		Date of Decision (If different from Date Signed):