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Land Transactions under Standing Order 168(3) – (a) Harbour Lights, 4 Le Mont de Gouray, St. Martin – sale; (b) N34 Nursery East Ditch and Car Park East Ditch, Fort Regent, St. Helier – lease

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STATES OF JERSEY

LAND TRANSACTIONS UNDER STANDING ORDER 168(3) –

  1. HARBOUR LIGHTS, 4 LE MONT DE GOURAY, ST. MARTIN – SALE;
  2. N34 NURSERY EAST DITCH AND CAR PARK EAST DITCH, FORT REGENT, ST. HELIER – LEASE.

Presented to the States on 9th April 2014 by the Minister for Treasury and Resources

STATES GREFFE

2014   Price code: A  R.44

REPORT

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

(a)  Land transaction –

  1. To accept the recommendation of the Minister for Housing and to notify the States of his intention to
  1. proceed  with  the  sale  of  Harbour  Lights,  4  Le  Mont  de Gouray, St. Martin , for the sum of £627,000, to the agreed purchasers, in accordance with HD22 Valuation Policy for Sales;
  2. confirm that the capital receipts from the sale of this property be  credited  to  the  Housing  Department's  Capital  Works Programme, rather than the Consolidated Fund, in accordance with P.6/2007 – Social Housing Property Plan 2007–2016.
  1. To confirm  the above  decision after  giving  the  States  15 working days' notice of the transaction, and to cause the transaction to be completed.

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

(Drawing attached at Appendix 1.)

Further  information  on  this  decision  can  be  found  on  www.gov.je  under Ministerial Decisions/Treasury and Resources/Property Holdings (reference MD-PH-2014-0057).

(b)  Land transaction –

  1. To approve  the  granting  of  a  new  lease  to  the  sitting  tenant – La Petite Ecole (Jersey) Limited – of N34 Nursery East Ditch and Car Park East Ditch, Fort Regent, St. Helier for a term of 9 years, deemed to have commenced on 1st January 2014.
  2. To confirm  the above  decision after  giving  the  States  15 working days' notice of the transaction, and to cause the transaction to be completed.

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

(Drawing attached at Appendix 2.)

Further  information  on  this  decision  can  be  found  on  www.gov.je  under Ministerial Decisions/Treasury and Resources/Property Holdings (reference MD-PH-2014-0058).

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APPENDIX 1

R.44/2014

APPENDIX 2