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WRITTEN QUESTION TO THE MINISTER FOR TREASURY AND RESOURCES BY DEPUTY P.V.F. LE CLAIRE OF ST. HELIER
ANSWER TO BE TABLED ON TUESDAY 2nd JUNE 2009
Question
"Would the Minister advise the Assembly whether the States could be exposed to legal action by Harcourt should that company fail to provide a bond and or guarantees to take forward the Waterfront Development, in view of the outcome of the planning application made jointly by the company and the Waterfront Enterprise Board Limited?"
Answer
The Waterfront Enterprise Board, having taken legal advice, has confirmed that it believes that it has no liability should the company fail to provide a bond to take forward the Waterfront development in respect of the Esplanade Quarter.