Harbour Lights, St. Martin: Sale

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A decision made 3 April 2014:

Decision Reference: MD-H-2014-0021
Decision Summary Title :	DS – Proposed sale of Harbour Lights		Date of Decision Summary:	01 April 2014
Decision Summary Author:	Property Marketing and Sales Officer		Decision Summary: Public or Exempt? (State clauses from Code of Practice booklet)	Public
Type of Report: Oral or Written?	Written		Person Giving Oral Report:	N/A
Written Report Title :	WR – Proposed sale of Harbour Lights		Date of Written Report:	18 March 2014
Written Report Author:	Property Marketing and Sales Officer		Written Report : Public or Exempt? (State clauses from Code of Practice booklet)	Exempt Clause 3.2.1(a)(x)(xii)
Subject: States Property Sale - Sale of Harbour Lights, St Martin on the open market
Decision(s): The Minister/Assistant Minister: Approved, with reference to MD-H-2013-0096, the sale of Harbour Lights to the purchasers set out in the attached report, for the sum of £627,000 following competitive tender. Requested that the Minister for Treasury and Resources approve the sale and authorise the Greffier of the States and Attorney General to pass the necessary contract of sale before the Royal Court. Decided that, in accordance with States approval of P6.2007, the resultant capital receipt is to be credited to the Housing Department’s Capital Works Programme.
Reason(s) for Decision: To ensure that the sale is carried out in accordance with Standing Order 168.
Resource Implications: Financial: £627,000 receipt as agreed on States approval of P6.2007 to be credited to the Housing Department’s Capital Works Programme.
Action required: Head of Property and Asset Management to seek the approval of the Minister for Treasury and Resources and oversee the passing of the contract and receipt of funds.
Signature:		Position:
Date Signed:		Date of Decision (If different from Date Signed):