LC3 Fuel Storage Site, La Collette, St Helier

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A decision made (16/04/2007 regarding: LC3 Fuel Storage Site, La Collette, St Helier - Lease renewal.

Subject:	LC3 Fuel Storage Site, La Collette, St Helier - Lease renewal
Decision Reference:	MD-PH-2006-0021	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:		10/2052/1
Written Report – Title	LC3 Fuel Storage Site, La Collette, St Helier -Lease renewal	Written report - author		Paul Griffin
Decision(s): 1. The Minister approved, as recommended by Property Holdings, to enter into a 10 year lease renewal between the Public and Shell (UK) Limited and Esso Petroleum Company Limited for the demised premises known as LC3 Fuel Storage site situated at La Route de Veule, La Collette, St Helier, in accordance with MD-E-2006-0198 approved by the Assistant Minister for Economic Development dated 22/03/07. 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 of the States to pass any contracts on behalf of the Public of Jersey that may be necessary. After the expiry of 15 working days following presentation to the States the transaction may be concluded.
Reason(s) for decision: To allow the Lessee Shell (UK) Limited and Esso Petroleum Company Limited security of tenure in order to continue to invest in the facility and the provision of petroleum products to the Island 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. 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 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 Senator T A Le Sueur			Date of Decision: 16 April 2007