29 St. James Street: Transfer from Housing to Jersey Property Holdings

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A decision made 27 January 2012:

Decision Reference: MD-H-2012-0007
Decision Summary Title :	DS – Transfer of 29 James Street from Housing to Jersey Property Holdings		Date of Decision Summary:	23rd January 2012
Decision Summary Author:	Asset Management 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:	N/A
Written Report Title :	WR - Transfer of 29 James Street from Housing to Jersey Property Holdings		Date of Written Report:	23rd January 2012
Written Report Author:	Asset Management Officer		Written Report : Public or Exempt? (State clauses from Code of Practice booklet)	Public
Subject: Transfer of 29 James Street from Housing to Jersey Property Holdings.
Decision(s): The Minister agreed to the transfer of 29 St James Street from the balance sheet of the Housing Department to that of Jersey Property Holdings with effect from 1st February 2012.
Reason(s) for Decision: The transfer reflects the appropriate accounting treatment for the property in the States of Jersey accounts on the basis that the site no longer meets the requirements for social housing.
Resource Implications: Financial: There are no budgets or resource implications and no impact on either Jersey Property Holdings or Housing’s near cash revenue account on transfer.
Action required: Treasury & Resources to arrange for the asset and any associated budgets to be transferred from the Housing Department to the Jersey Property Holdings area of the States balance sheet.
Signature:		Position: HOUSING MINISTER
Date Signed:		Date of Decision (If different from Date Signed):