Field 873, St. Lawrence: Social Rented Homes: Acquisition: Approval in Principle

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A decision made 13 May 2013:

Decision Reference: MD-H-2013-0030
Decision Summary Title :	DS – In Principle Approval of Proposed Acquisition of Homes at Fields 873, St Lawrence		Date of Decision Summary:	30th April 2013
Decision Summary Author:	Director of Strategy		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 – In Principle approval for the acquisition of Social Rented Homes At Field 873, St Lawrence		Date of Written Report:	30h April 2013
Written Report Author:	Director of Strategy		Written Report : Public or Exempt? (State clauses from Code of Practice booklet)	Exempt Clause 3.2.1(a)(x)(xi)
Subject: In Principle Approval of Proposed Acquisition of Social Rented Homes at Field 873, St Lawrence
Decision(s): The Minister: gave in principle approval for the acquisition of 6 No. two bedroom social rented homes at Field 873, St Lawrence by the States from Alpine Contractors Limited within the financial parameters set out in the attached report. requested that the Minister for Treasury & Resources similarly endorse the proposed acquisition in principle and instruct Jersey Property Holdings to provide the necessary support.
Reason(s) for Decision: To ensure that negotiations are carried out in accordance with best practice.
Resource Implications: Financial: Nil at this time
Action required: Director of Strategy to engage appropriate advisors and oversee the acquisition process with Jersey Property Holdings.
Signature:		Position: HOUSING MINISTER
Date Signed:		Date of Decision (If different from Date Signed):