International House, 41 The Parade, St. Helier: Proposed Lease

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A decision made on 14 May 2021

Decision Reference: MD-PH-2021-0025
Decision Summary Title :	International House, 41 The Parade, St Helier – Proposed Lease		Date of Decision Summary:	4 May 2021
Decision Summary Author:	Principal Surveyor Estates Management		Decision Summary: Public or Exempt?	Public
Type of Report: Oral or Written?	Written		Person Giving Oral Report:	N/A
Written Report Title :	International House, 41 The Parade, St Helier – Proposed Lease		Date of Written Report:	4 May 2021
Written Report Author:	Principal Surveyor Estates Management		Written Report : Public or Exempt?	Exempt Clause refs. QE Article 33(b) and QE Article 34(b)
Subject: International House, 41 The Parade, St Helier – Proposed Lease
Decision(s): In accordance with Standing Order 168 (1) (a) the Minister agreed, as recommended by Jersey Property Holdings, for the Public to lease the third floor of 41 The Parade for the Judicial Greffe – Family Court, for a term of 9 years (subject to a break option provision) on internal repairing terms.
Reason(s) for Decision: 41 The Parade meets the requirements of the Family Court provision. The optional tenant break has been negotiated so as to facilitate the possibility of transferring to another property within the Public portfolio that may have become available following the completion and occupation of the central office development.
Resource Implications: The financial implications of this decision are detailed in the accompanying report. There are no manpower implications in respect of this decision. When the transaction is concluded the fixed asset register and States balance sheet will be amended to account for the transaction.
Action required: 1. In accordance with Standing Order 168 (3) this decision must be presented to the States at least 15 working days before the contract is passed before Court or concluded. After the expiry of 15 working days following presentation to the States the transaction may be concluded. 2. The Minister hereby authorised, as applicable: a. under Standing Order 168 (5) the Attorney General and the Greffier to pass any contract which is required to be passed on behalf of the Public b. the Director of Jersey Property Holdings to conclude any contract which is required to be concluded on behalf of the Public.
Signature:		Position: Deputy K Lewis Minister for Infrastructure
Date Signed:		Date of Decision (If different from Date Signed):