Warehouse Units and Yard known as Cargo Centre, Jersey Airport, St. Peter: Lease

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A decision made 30 March 2015:

Decision Reference: MD-PH-2015-0023
Decision Summary Title :	Warehouse Units and Yard known as Cargo Centre, Jersey Airport, St Peter - Lease		Date of Decision Summary:	30 March 2015
Decision Summary Author:	Principal Surveyor – Estates Management		Decision Summary: Public or Exempt?	Public
Type of Report: Oral or Written?	N/A		Person Giving Oral Report:	N/A
Written Report Title :	N/A		Date of Written Report:	N/A
Written Report Author:	N/A		Written Report : Public or Exempt?	N/A
Subject: Warehouse Units and Yard known as Cargo Centre, Jersey Airport, St Peter - Lease (AF 1697)
Decision(s): With reference to the previous decision MD-PH-2015-0017 plus associated documentation and the expiry of 15 working days’ notice to the States of that decision, the Minister approved, as recommended by Jersey Property Holdings, to accept the recommendation of the Minister for Economic Development and approve the following: a. Unit CC1 Cargo Centre, Jersey Airport, St Peter – Lease out for a term of 21 years with effect from 1 July 2015 or upon practical completion. b. Unit CC2 Cargo Centre, Jersey Airport, St Peter – Lease out for a term of 21 years with effect from 1 July 2015 or upon practical completion.
Reason for Decision: The transaction was notified to the States in a report dated 16 December 2014 and at the end of the 15 day period required no comments on the transaction had been received. The Minister therefore decided to conclude the transaction.
Resource Implications: The financial implications of this decision are detailed in the report accompanying MD-PH-2015-0017. There are no manpower implications in respect of this decision.
Action required: Under Standing Order 168 (5) the Minister hereby authorised the Attorney General and the Greffier to pass any contract which is required to be passed on behalf of the Public and to copy this decision to the Assistant Minister, Treasurer and Head of Decision Support.
Signature:		Position: Deputy E J Noel * Assistant Minister for Treasury & Resources
Date Signed:		Date of Decision: