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Land Transactions SO168(3) - Office Accommodation Project, Union Street, St Helier [Min Inf]

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STATES OF JERSEY

LAND TRANSACTIONS UNDER STANDING ORDER 168(3) – OFFICE ACCOMMODATION PROJECT, UNION STREET, ST. HELIER – AGREEMENTS

Presented to the States on 22nd February 2021 by the Minister for Infrastructure

STATES GREFFE

2021  R.19 (re -issue)

2

REPORT

Decision(s):  Under  Standing  Order  168(3),  the Minister  for  Infrastructure  hereby notifies the States that he has accepted the recommendation of Jersey Property Holdings to agree to the following –

(a)  Land transaction –

As recommended by Jersey Property Holdings, to enter the Public of the Island (as the Client) into commercial arrangements with Jersey Office Development (1.J) Limited (as the Developer) and a guarantor, in order to enable a contract arrangement to be made, subject to final negotiations, to build a new office accommodation for the benefit of the government located on a site on Union Street, St. Helier based on the terms and conditions set-out in the accompanying report. R.19/2021 Add.

The Minister hereby authorises, as applicable, the Attorney General and the Greffier of the States to pass any contract which is required to be passed on behalf of the Public; and the Director of Property Holdings to conclude any contract which is required to be concluded on behalf of the Public.

After the expiry of 15 days following presentation to the States the transaction may be concluded.

Further information on this decision may be viewed in due course at: https://www.gov.je/government/planningperformance/pages/ministerialdecisions.aspx

under Ministerial Decision reference MD-PH-2021-0004.

Further information on this decision may be viewed in due course at: https://www.gov.je/government/planningperformance/pages/ministerialdecisions.aspx

under Ministerial Decision reference MD-PH-2021-0008.

___________________________________________________________________________ Re-issue Note

The report has been re-issued, in accordance with MD-PH-2021-0008, in order to provide more information to the States about the transaction to which it relates. As part of this, an Addendum to the report (R.19/2021 Add.) has been presented. In accordance with Standing Order 168(3), the period of 15 working days (before which any binding arrangement can be made for the reported transaction) starts on the day on which the report was re-issued: 22nd February 2021

R.19/2021 (re-issue)