28 West Park Avenue: Transfer from Jersey Property Holdings to Housing

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A decision made on 17 August 2012:

Decision Reference: MD-H-2012-0077
Decision Summary Title :	DS – Transfer of 28 West Park Avenue from Jersey Property Holdings to the Housing Department.		Date of Decision Summary:	10th August 2012
Decision Summary Author:	Asset Management Officer		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 - Transfer of 28 West Park Avenue from Jersey Property Holdings to the Housing Department.		Date of Written Report:	10th August 2012
Written Report Author:	Asset Management Officer		Written Report : Public or Exempt? (State clauses from Code of Practice booklet)	Public
Subject: Transfer of 28 West Park Avenue from Jersey Property Holdings to the Housing Department.
Decision(s): The Minister: i) Agreed to the transfer of 28 West Park Avenue from the balance sheet of Jersey Property Holdings to the Housing Department with effect from 08th August 2012. ii) Approved the transfer, in perpetuity, of the respective depreciation budget relating to the transferred property, from Jersey Property Holdings to the Housing Department with effect from 08th August 2012.
Reason(s) for Decision: The property proposed for transfer provides ‘crisis’ housing and, therefore, is more closely aligned with the core activities of the Housing Department.
Resource Implications: Financial: No resource implications other than the budget transfer as set out above.
Action required: Treasury & Resources to arrange for the asset and any associated budgets to be transferred from Jersey Property Holdings to the Housing Department area of the States balance sheet.
Signature:		Position: HOUSING MINISTER
Date Signed:		Date of Decision (If different from Date Signed):

28 West Park Avenue: Transfer from Jersey Property Holdings to Housing

DATE OF REPORT: - 10TH August 2012

REPORT TO THE HOUSING MINISTER

TRANSFER OF 28 WEST PARK AVENUE FROM JERSEY PROPERTY HOLDINGS TO THE HOUSING DEPARTMENT

Purpose of Report

To seek the approval of the Minster for the transfer of 28 West Park Avenue, St Helier Jersey JE2 3PJ together with the associated budgets from the balance sheet of Jersey Property Holdings (JPH) to the balance sheet of the Housing Department.

Background

In 2010, the respective Ministers of Housing and Treasury and Resources approved the transfer of certain properties that provided an emergency housing function from the balance sheet of JPH to Housing (MD-H-2010-0074 and MD-TR-2010-0129 refer).

The rationale behind these transfers was that this form of emergency housing was more closely aligned with the core activities of the Housing Department than those of JPH. The properties transferred included 26 West Park Avenue, which is leased to the Jersey Council on Alcoholism (JCOA) under a long lease.

Current Situation

Unfortunately, the Ministerial decisions excluded, in error, the adjacent property, 28 West Park Avenue, which is linked to 26 West Park Avenue and is the subject of the same lease to the JCOA. This administrative error has resulted in 28 West Park Avenue remaining on the balance sheet of JPH.

Proposals

It is proposed that the property be transferred from the JPH balance sheet to that of the Housing Department together with the associated budgets in perpetuity.

Resource Implications

The asset and associated depreciation budget will be transferred between JPH and Housing.

Recommendation

That the Minister agrees to the transfer of 28 West Park Avenue, St Helier, Jersey JE2 3PJ from the balance sheet of JPH to the Housing Department with effect from the 08th August 2012..

Report Prepared By:- ………………………….... Date: 10TH August 2012

David Reid

ASSET MANAGEMENT OFFICER

Report Checked By:- ………….……………….... Date: 10TH August 2012

John Hamon

FINANCE DIRECTOR

Report Approved By:- ………….……………….... Date: 10TH August 2012 Carl Mavity

DIRECTOR OF STRATEGIC DEVELOPMENT