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La Collette Low Rise Development - Andium Homes: Second Phase: Approval

A formal published “Ministerial Decision” is required as a record of the decision of a Minister (or an Assistant Minister where they have delegated authority) as they exercise their responsibilities and powers.

Ministers are elected by the States Assembly and have legal responsibilities and powers as “corporation sole” under the States of Jersey Law 2005 by virtue of their office and in their areas of responsibility, including entering into agreements, and under any legislation conferring on them powers.

An accurate record of “Ministerial Decisions” is vital to effective governance, including:

  • demonstrating that good governance, and clear lines of accountability and authority, are in place around decisions-making – including the reasons and basis on which a decision is made, and the action required to implement a decision

  • providing a record of decisions and actions that will be available for examination by States Members, and Panels and Committees of the States Assembly; the public, organisations, and the media; and as a historical record and point of reference for the conduct of public affairs

Ministers are individually accountable to the States Assembly, including for the actions of the departments and agencies which discharge their responsibilities.

The Freedom of Information Law (Jersey) Law 2011 is used as a guide when determining what information is be published. While there is a presumption toward publication to support of transparency and accountability, detailed information may not be published if, for example, it would constitute a breach of data protection, or disclosure would prejudice commercial interest.

A decision made 20 March 2020:

Decision Reference:  MD-TR-2020-0024

Decision Summary Title:

Andium Homes Ltd – La Collette Low-Rise Approval of Second Phase

Date of Decision Summary:

16th March 2020

Decision Summary Author:

Director of Treasury and Investment Management

Decision Summary:

Public or Exempt?

Public

Type of Report:

Oral or Written?

Written

Person Giving

Oral Report:

N/A

Written Report

Title:

Andium Homes Ltd – La Collette Low-Rise Approval of Second Phase

Date of Written Report:

16th March 2020

Written Report Author:

Director of Treasury and Investment Management

Written Report :

Public or Exempt?

Exempt – FOI Art. 33

Subject:

Andium Homes Limited – La Collette Low-Rise approval of the second phase including the funding mechanism.

Decision(s):

 

The Assistant Minister for Treasury and Resources decided to:-

  • approve Andium entering into the second phase of the Agreed Project known as the La Collette low-rise development. This second phase will allow for the completion of the Superstructure and balance of Main Contract works.
  • agree that this phase of the project will be funded from Andium’s Revolving Credit Facility as there are currently insufficient monies available in the Housing Development Fund to provide a loan.

 

Reason(s) for decision:  

 

In signing MD-TR-2020-0014, the Assistant Minister for Treasury and Resources required Andium to continue to seek his approval for all Agreed Projects, including their funding mechanism, prior to commencement. P.129/2014 (Budget 2015) Appendix C defines an Agreed Project as “…a project in Jersey selected by the Housing Trust/Association/Company and approved by the Minister for Treasury and Resources as part of an agreed Business Plan or otherwise.”

The La Collette low-rise scheme is part of Andium’s Strategic Business Plan 2019-23 as approved by the Assistant Minister for Treasury and Resources in October 2019.

Resource Implications:

There are no additional resource implications, financial or manpower as a result of this decision. The borrowing costs will be borne by Andium Homes.

Action required:

The Head of Financial Governance to notify the Director of Treasury and Investment Management once this decision has been approved.

 

The Director of Treasury and Investment Management to advise the Finance Director of Andium Homes that Ministerial approval has been provided.

Signature:

 

 

 

Position: Deputy L Ash, Assistant Minister for Treasury and Resources

 

Date Signed:

 

 

Date of Decision:

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