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Land Transactions under Standing Order 168(3) –

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STATES OF JERSEY

LAND TRANSACTIONS UNDER STANDING ORDER 168(3) –

  1. TRANSFER OF LAND AT OVERDALE VALLEY TO THE PARISH OF ST. HELIER;
  2. APARTMENT No. 12, BLOCK D, LES QUENNEVAIS PARK – TRANSFER OF THE PUBLIC'S FLYING FREEHOLD OWNERSHIP AND CANCELLATION OF EXISTING 99 YEAR LEASE.

Presented to the States on 24th June 2014 by the Minister for Treasury and Resources

STATES GREFFE

2014   Price code: A  R.85

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 –

  1. Land transaction –
  1. To approve, in principle, the exchange and counter-exchange of an area of land at the southern end of the Overdale Valley (shown on the plan at Appendix 1) to the Parish of St. Helier at nil cost, together with £83,000 from the TTS Fiscal Stimulus and Urban Regeneration Projects' for an urban renewal project on Parish land, subject to the contemporary disposal of land at Westmount Gardens from the Parish to Jersey Electricity, to facilitate the development of a Primary Sub- Station  facility,  in accordance  with  the  requirement  of  planning P/2014/0512.
  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 1.)

Further  information  on  this  decision  can  be  found  on  www.gov.je  under Ministerial Decisions/Treasury and Resources/Property Holdings (reference MD-PH-2014-0103).

  1. Land transaction –
  1. To cancel  the  existing  99 year  lease  of  Apartment D12,  Les Quennevais Park.
  2. To transfer the Public's flying freehold interest in the apartment to the present leaseholder for an agreed consideration, plus reasonable costs incurred,  in accordance  with the  approved  policy  (under MD-PH- 2012-0124),  and  the  independent  valuation  arranged  by  Jersey Property Holdings.
  3. 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-2014-0105).

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APPENDIX 1

R.85/2014

APPENDIX 2