7 Devonshire Place, St. Helier

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A decision made (25/10/2006) regarding 7 Devonshire Place, St. Helier - Sale.

Subject:	7 Devonshire Place, St Helier - Sale
Decision Reference:	MD-PH-2006-0088	Exempt clause(s):	Report 3.2.1 (a) (x) & (xi)
Type of Report: (oral or written)	Written	Person Giving Report (if oral):	Not Applicable
Telephone or e-mail Meeting?	Not Applicable	Report File ref:	PBA 317/1
Written Report – Title	7 Devonshire Place, St Helier - Sale	Written report - author	Philip Ahier
Decision(s): As recommended by Property Holdings: 1. To accept the highest tender received for the purchase of the site, being £180,000 from Securon Investments Ltd, and to cause the sale of the land, with each party to meet their own costs in passing contract. Under Standing Order 168 (1) (a) and 168 (3) the Minister for Treasury and Resources hereby notifies the States that he has accepted the recommendation of Property Holdings to agree to the above land transaction The Minister hereby authorises the Attorney General and the Greffier of the States to pass any contracts on behalf of the Public of Jersey that may be necessary. After the expiry of 15 days following presentation to the States the transaction may be concluded.
Reason(s) for decision: Under Standing Order 168 (1) (a) and 168 (3) the Minister is required to notify the States of his acceptance of recommendations to dispose, acquire, let or rent land on behalf of the public of Jersey.

Action required:

In accordance with Standing Order 168(3) of the Standing Orders of the States of Jersey, this decision must be presented to the States at least 15 working days before the contract is passed before the Royal Court.

The Director of Property Holdings is to instruct the Law Officers’ Department and the States Greffe to pass the necessary contract, and to copy this decision to the Minister.

Signature:

(Assistant Minister)[1]

Deputy J Le Fondré

Date of Decision:

MD-PH-2006-0088