LC24 La Collette: New Lease

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A decision made on 25 March 2010 to approve lease of LC24 La Collette to Deerglen (Jersey) Ltd

Decision Reference: MD-PH-2010-0027
Decision Summary Title :	DS - LC 24 (Warehouse & Storage), La Collette, St Helier - Lease		Date of Decision Summary:	17/03/2010
Decision Summary Author:	Principal Valuer		Decision Summary: Public or Exempt?	Public
Type of Report: Oral or Written?	Written		Person Giving Oral Report:	N/A
Written Report Title :	WR - LC 24 (Warehouse & Storage), La Collette, St Helier - Lease		Date of Written Report:	17/03/2010
Written Report Author:	Principal Valuer		Written Report : Public or Exempt?	Exempt Clause 3.2.1(a)(i)(x) & (xii)
Subject: AF 368 - LC 24 (Warehouse & Storage), La Collette, St Helier - Lease
Decision(s): 1. The Minister accepted the recommendation of the Minister for Economic Development in respect of the following: 1.1 LC24 La Collette (Warehouse & Storage) – Lease to Deerglen (Jersey Ltd) for a term of 3 years effect from 1 December 2008.
Reason(s) for Decision: 1. Under Standing Order 168 (1) (a) and 168 (2) (a) and (b) the Minister hereby accepts the recommendation of a body established by the States to manage land and buildings owned by the Public of Jersey and hereby notified the States that he had accepted the recommendation of Jersey Property Holdings to agree to the above land transaction.
Resource Implications: There are no financial or manpower implications in respect of this decision other than those detailed in the report.
Action required: 1. 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. 2. The Director of Jersey Property Holdings is to pass the necessary contract and to copy this decision to the Minister for Treasury and Resources, Minister for Economic Development, Harbourmaster, Treasurer and Deputy Treasurer.
Signature:		Position: (Assistant Minister)*
Date Signed: 25/3/10		Date of Decision (If different from Date Signed): 25/3/10 MD-PH-2010-0027