1 & 2 La Mabonnerie, La Rue de la Monnaie, Trinity, & 12 Clos de la Ville, St Helier

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A decision made (14/05/2007) regarding: 1 & 2 La Mabonnerie, La Rue de la Monnaie, Trinity, & 12 Clos de la Ville, St Helier – Proposed Sale.

Subject:	1 & 2 La Mabonnerie, La Rue de la Monnaie, Trinity & 12 Clos de la Ville, St Helier – Proposed Sale
Decision Reference:	MD-PH-2007-0042	Exempt clause(s):		None
Type of Report: (oral or written)	Written	Person Giving Report (if oral):		N/A
Telephone or e-mail Meeting?	N/A	Report File ref:		845/10-11 & 1385
Written Report – Title	1 & 2 La Mabonnerie, La Rue de la Monnaie, Trinity & 12 Clos de la Ville, St Helier – Proposed Sale	Written report - author		R. Foster
Decision(s): 1. The Minister approved, as recommended by Property Holdings, the sale by The Public of the Island of 1 & 2 La Mabonnerie and 12 Clos de la Ville to Les Vaux Housing Trust and authorised the necessary documentation, including a letter of comfort in the terms set out in this report, to be produced. 2. Under Standing Order 168 (1) (a) and 168 (3) the Minister hereby notifies the States that he has accepted the recommendation of Property Holdings to agree to the above land transaction. 3. Under Standing Order 168 (5) the Minister hereby authorises the Attorney General and the Greffier to pass any contract which is required to be passed on behalf of the Public. After the expiry of 15 working days following presentation to the States the transaction may be concluded.
Reason(s) for decision: The States approved the disposal of these properties when approving the 2007 Property Plan (P34/2007 - as amended). The units are considered appropriate for group homes to provide assisted living through the Les Amis organisation. The proposed sale price of £610,000 is considered appropriate to enable the Trust to provide assisted living accommodation, as identified in the 2007 Property Plan (P34/2007). Under Standing Order 168 (1) (a) and 168 (3) the Minister is required to notify the States of his acceptance of recommendations to dispose, acquire, let or rent land on behalf of the Public of Jersey.
Action required: 1. Property Holdings to write a letter of comfort to Les Vaux Housing Trust. 2. 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. 3. The Director of Property Holdings is to instruct the Attorney General and the Greffier to pass the necessary contract, and to copy this decision to the Minister, Treasurer and Assistant Treasurer.
Signature: (Minister for Treasury & Resources) Senator T Le Sueur			Date of Decision: MD-PH-2007-0042 14 May 2007