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La Preference Children's Home, La Grande Route de St. Martin, St. Martin: Sale

A decision made 23 May 2014:

Decision Reference: MD-PH-2014-0085

Decision Summary Title :

La Preference Children’s Home, La Grande Route de St Martin, St Martin

- Sale

Date of Decision Summary:

21 May 2014

Decision Summary Author:

 

Assistant Director

Decision Summary:

Public or Exempt?

 

Public

Type of Report:

Oral or Written?

Written

Person Giving

Oral Report:

N/A

Written Report

Title :

La Preference Children’s Home, La Grande Route de St Martin, St Martin

- Sale

Date of Written Report:

21 May 2014

Written Report Author:

Assistant Director

Written Report :

Public or Exempt?

 

Exempt Clause refs.

3.2.1(a)(i)

Subject: La Preference Children’s Home, La Grande Route de St Martin, St Martin - Sale (MIG 0125-01-001)             

Decision(s):

 

 1.The Minister decided, as recommended by Jersey Property Holdings, to notify the States of his intention to:

 

a.     Rescind MD-PH-2013-0178 and MD-PH-2013-0196

 

b.     sell La Preference to the identified purchaser following the marketing of the site, with each party to meet their own costs in passing contract.

 

c.     confirm the above decision after giving the States 15 working days’ notice of the transaction, and to cause the transaction to be completed.

 

Reason for Decision:

 

Under Standing Order 168 (1) (a) the Minister is obliged to notify the States that he has accepted the recommendation of Jersey Property Holdings to agree to the above land transaction.

 

 

 

Resource Implications:

 

  1.       The financial implications of this decision are detailed in the accompanying report.

 

  1.       There are no manpower implications in respect of this decision.

 

  1. When the transaction is concluded the States asset balance sheet will be amended to account for the transaction

 

Action required:

 

In accordance with Standing Order 168 (3) this decision must be presented to the States at least 15 working days before the contract is passed.  After the expiry of 15 working days following presentation to the States the transaction may be concluded.

 

Signature:

 

 

 

 

Position: Deputy E J Noel *

Assistant Minister for Treasury & Resources

 

Date Signed:

 

 

Date of Decision:

 

 

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