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Incorporation of properties to resolve funding of essential repairs

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1240/5(2055)

QUESTION TO BE ASKED OF THE PRESIDENT OF THE HOUSING COMMITTEE ON TUESDAY 17th FEBRUARY 2004, BY DEPUTY G.C.L. BAUDAINS OF ST. CLEMENT

Question

Would the President inform members whether the Committee is considering incorporation as a means of enabling borrowing to be made to resolve the funding of essential repairs to its properties, such as Clos de Roncier, which cannot currently proceed due to lack of funds, and, if so, would he advise members when this is likely to happen?

Answer

The Committee has had some informal discussions on the possible future incorporation of the Estates division of the Housing Department but has yet to consider the matter in detail. In any event, incorporation would be a lengthy process, certainly with legislative implications and other means must be found in the short term to carry out essential repairs to some of the Committee's properties. An example of one alternative approach is that set out in the Committee's recently lodged proposition to redevelop Le Squez and Le Marais.