2 Hungerford Villas, Vauxhall Street, St. Helier

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A decision made 17 August 2010 regarding: 2 Hungerford Villas, Vauxhall Street, St. Helier - sale of.

Decision Reference: MD-H-2010-0066
Decision Summary Title :	DS – Proposed sale of 2 Hungerford Villas		Date of Decision Summary:	12 August 2010
Decision Summary Author:	Director of Sales and Lettings		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 :	Proposed Sale of 2 Hungerford Villas		Date of Written Report:	12 August 2010
Written Report Author:	Director of Sales and Lettings		Written Report : Public or Exempt? (State clauses from Code of Practice booklet)	Public
Subject: To approve the sale of 2 Hungerford Villas on the Open Market.
Decision(s): The Minister, 1. approved the sale of 2 Hungerford Villas, Vauxhall Street on the open market at a price to be arrived at in accordance with Policy HD22 ‘Valuation Policy for Sales’. 2. agreed to seek the approval of the Minister for Treasury and Resources to the disposal on the open market, under the provisions of States Standing Order 168 (2) and subject to the subsequent approval of the individual transaction once an offer to purchase has been secured. 3. agreed to seek the approval from the Minister for Treasury and Resources for capital receipts from the sale of this property to be credited to the Housing Department’s Social Works Programme, HYR000.121010, rather than the Consolidated Fund, under Article 15 (3) of the Public Finances (Jersey) Law 2005 and Financial Direction 6.6.
Reason(s) for Decision: To ensure that the sale is carried out in accordance with Standing Order 168
Resource Implications: Financial: Nil at present. Once sale complete receipt to be credited to the Housing Department’s Social Works Programme HYR000.121010.
Action required: Director of Strategic Development to arrange for the approval of the Minister for Treasury and Resources and to oversee the passing of the contract and receipt of funds.
Signature:		Position: Minister
Date Signed:		Date of Decision (If different from Date Signed):