Approval of Tourism Development Fund Grant

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A decision made (14.02.06) to approve a grant for Stage II of the Coastal Forts and Fortifications Initiative.

Subject:	Approval of Tourism Development Fund Grant
Decision Reference:	MD-E-2006-0016		Exempt clause(s):	n/a
Type of Report: (oral or written)	Written		Person Giving Report (if oral):	n/a
Telephone or e-mail Meeting?	n/a		Report File ref:
Written report – Title	Approval of a Tourism Development grant for Stage II of the Coastal Forts and Fortifications initiative
Written report – Author (name and job title)	Kevin Lemasney, Strategy Development Manager
Decision(s): To approve a grant of £340,000 for Stage II of the Coastal Forts and Fortifications initiative.
Reason(s) for decision: Under the terms of the Tourism Development Fund Approved Scheme grants in excess of £100,000 and up to £500,000, need the approval of the Minister.
Action required: Kevin Lemasney to seek approval for the grant from the Finance Minister. Subject to approval being given, Kevin Lemasney to draw up a contract for the funding with the Jersey Heritage Trust.
Signature: (Minister/ Assistant Minister)		Date of Decision:

Approval of Tourism Development Fund Grant

ECONOMIC DEVELOPMENT

Approval of a Tourism Development grant for Stage II of the Coastal Forts and Fortifications initiative

10 February 2006

The issue

In accordance with the Terms and Conditions of the Tourism Development Fund approved Scheme the Minister is being asked to approve a grant for the development of Jersey Heritage Trust managed sites.

The Facts

In 2005 The TDF Sub-Committee received an application for funding from the Jersey Heritage Trust (acting with Jersey Tourism, Public Services and Property Services) to develop a number of heritage sites into Self Catering lets. The Sub-Committee awarded the sum of £250,000 for Stage I of the project and appointed two representatives of the Sub-Committee to oversee the project.

In November 2005 the Jersey Heritage Trust submitted a request for £340,000 to carry our Stage II of the project (an additional six properties). This sum was made up of £250,000 for Stage II and on the advice of the two Tourism Development Fund representatives a further £50,000 to accelerate the programme and £40,000 to create a more attractive offer at the Radio Tower.

Conclusion

The project is developing rapidly and bookings for the 2006 visitor season are very encouraging.

As the sum of Stage I and Stage II now exceeds £500,000 a request for authorisation will be made to the Treasury Minister.

Recommendations

That the Minister authorizes the grant of £340,000 for Stage II

Kevin Lemasney

Corporate Strategy & Policy Executive

Attachments

Minutes of the Tourism Development Fund Sub-Committee meeting of 21 November 2005.