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FAIRFIELD, LA RUE DES LANDES, ST. PETER: PURCHASE (P.18/2002) - COMMENTS _______________
Presented to the States on 12th February 2002 by the Finance and Economics Committee
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STATES OF JERSEY
STATES GREFFE
150 2 0 0 2 P . 1 8 C o m .
Price code: A
Comments
The Finance and Economics Committee, in supporting the proposition, recognises that the purchase is funded partly from the proceeds of a prior disposal of property in the administration of the Harbours and Airport Committee, with the remaining funding being provided by that Committee's Trading Fund. The Finance and Economics Committee considers that funding for property purchases of this nature, which are required to meet the operational needs of the Airport, should be provided by the Airport and not through the States' general funds.