Woodside Farms: Support Funding Approval

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[THIS DECISION HAS BEEN RESCINDED BY MD-E-2015-0056] A decision made 1 May 2015:

Decision Reference: MD-E-2015-0036
Decision Summary Title :	Request for extraordinary States funding to support Woodside Farms to maintain local production of a range of seasonal vegetables that are grown and eaten in Jersey.		Date of Decision Summary:	30th April 2015
Decision Summary Author:	Director, Rural Economy		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 :	Approval for a request for extraordinary States funding to support Woodside Farms to maintain local production of a range of seasonal vegetables that are grown and eaten in Jersey.		Date of Written Report:	29th April 2015
Written Report Author:	Director, Rural Economy		Written Report : Public or Exempt? (State clauses from Code of Practice booklet)	Public
Subject: Request for extraordinary States funding to support Woodside Farms.
Decision(s): That the Economic Development Minister requests from the Treasury and Resources Minister extraordinary funding from central contingency of £485,000 to assist in the successful transition of the current Amal-Grow trading activities to Woodside Farms in the form of a States loan for that amount, subject to appropriate security being provided.
Reason(s) for Decision: To maintain local production of a range of seasonal vegetables that are grown and eaten in Jersey.
Resource Implications: £485,000 transferred from T&R to EDD.
Action required: Treasury and Resources Minister to provide extraordinary funding from central contingency of £485,000.
Signature:		Position: Minister for Economic Development
Date Signed:		Date of Decision :