32 Oak Tree Gardens, St. Helier: Sale

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A decision made 14 November 2013:

Decision Reference: MD-H-2013-0087
Decision Summary Title :	DS – Sale of 32 Oak Tree Gardens		Date of Decision Summary:	13th November 2013
Decision Summary Author:	Head of Property & Asset Management		Decision Summary: Public or Exempt? (State clauses from Code of Practice booklet)	Public
Type of Report: Oral or Written?	Written		Person Giving Oral Report:	N/A
Written Report Title :	WR - Proposed Sale of 32 Oak Tree Gardens		Date of Written Report:	12th November 2013
Written Report Author:	Property Marketing and Sales Officer		Written Report : Public or Exempt? (State clauses from Code of Practice booklet)	Exempt Clause 3.2.1 (a) (i)
Subject: States Property Sale - Sale of 32 Oak Tree Gardens
Decision(s): The Minister; Approved the sale of 32 Oak Tree Gardens, St Helier with a full first time buyer value of £380,000 to the purchasers set out in the attached report for the sum of £380,000, arrived at in accordance with Policy HD22 ‘Valuation Policy for Sales’. The property shall also be subject to conditions which will require that; any onward sale is to a bone fide first time buyer and that only one unit of accommodation shall be maintained on the site. Requested that the Minister for Treasury & Resources approve the sale and authorise the Greffier of the States and Attorney General to pass the necessary contract of sale before the Royal Court. Decided that in accordance with the States approval of P6.2007, the resultant capital receipt is to be credited to the Housing Department’s Capital Works Programme.
Reason(s) for Decision: To ensure that the sale is carried out in accordance with Standing Order 168 and the States approval of P6.2007.
Resource Implications: Financial: £380,000 receipt as agreed on States approval of P6.2007 to be credited to the Housing Department’s Capital Works Programme.
Action required: Head of Property & Asset Management to seek the approval of the Minister for Treasury and Resources and oversee the passing of the contract and receipt of funds.
Signature:		Position: HOUSING MINISTER
Date Signed:		Date of Decision (If different from Date Signed):