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Land Transactions under Standing Order 168(3) – Apartment No. 6, Block G, Les Quennevais Park, St. Brelade – transfer of the Public’s flying-freehold ownership and cancellation of existing 99-year lease

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STATES OF JERSEY

LAND TRANSACTIONS UNDER STANDING ORDER 168(3) – APARTMENT No. 6, BLOCK G, LES QUENNEVAIS PARK,

ST. BRELADE – TRANSFER OF THE PUBLIC'S FLYING-FREEHOLD OWNERSHIP AND CANCELLATION OF EXISTING 99-YEAR LEASE

Presented to the States on 15th April 2019 by the Minister for Infrastructure

STATES GREFFE

2019  R.46

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 –

Land transaction –

The cancellation of the existing 99-year lease  of Apartment No. 6, Block G, Les Quennevais Park, St. Brelade, and the transfer to the present lessee of the Public's flying-freehold interest in the unit – 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.

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.

(Drawing attached at Appendix.)

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-2019-0010.

R.46/2019

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APPENDIX

R.46/2019