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Elizabeth Warehouse, St. Helier: Leases - Assignment and Variation

A formal published “Ministerial Decision” is required as a record of the decision of a Minister (or an Assistant Minister where they have delegated authority) as they exercise their responsibilities and powers.

Ministers are elected by the States Assembly and have legal responsibilities and powers as “corporation sole” under the States of Jersey Law 2005 by virtue of their office and in their areas of responsibility, including entering into agreements, and under any legislation conferring on them powers.

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A decision made on 26 November 2012:

Decision Reference:  MD-PH-2012-0116

Decision Summary Title :

DS - Assignment and variation of Leases (E25b, E27 & E27a) and (E34) Condor Logistics (Jersey) Limited and Commodore Properties Limited to Ferryspeed (CI) Limited

Date of Decision Summary:

20/11/2012

Decision Summary Author:

 

Estates & Building Surveyor

Decision Summary:

Public or Exempt?

 

Public

Type of Report:

Oral or Written?

N/A

Person Giving

Oral Report:

N/A

Written Report

Title :

N/A

Date of Written Report:

N/A

Written Report Author:

Head of Property – Ports of Jersey

Written Report :

Public or Exempt?

 

N/A

Subject: Assignment and variation of Leases (E25b, E27 & E27a) and (E34) Condor Logistics (Jersey) Limited and Commodore Properties Limited to Ferryspeed (CI) Limited

(PG 1654-01-022 and 031)

 

Decision(s):

 

1. With reference to the previous decision MD-PH-2012-0104 plus associated documentation and the expiry of 15 working days’ notice to the States of that decision, the Minister approved, as recommended by Jersey Property Holdings to accept the recommendation of the Minister for Economic Development and approve:

 

a.

  1. the assignment of the lease for E25b, E27 & E27a from Condor Logistics (Jersey) Limited to Ferryspeed (CI) Limited; and

 

  1. a variation of clause 7.30 of the Commodore Properties Limited lease for E34 (& E34c)  in order to permit;

 

  1. the assignment of the lease for of E34 (& E34c) from Commodore Properties Limited to Ferryspeed (CI) Limited; and

 

  1. the inclusion of a termination clause.

Reason for Decision:

 

1. Under Standing Order 168 (1) (a) the Minister hereby notified the States that he had accepted the recommendation of Jersey Property Holdings to agree to the above land transaction.

 

Resource Implications:

 

  1. The financial implications of this decision are detailed in the report accompanying MD-PH-2012-0104.

 

  1. There are no manpower implications in respect of this decision.

 

Action required:

 

1.  The Minister hereby authorised the Director of Jersey Property Holdings to pass any contract which is required to be passed on behalf of the Public.

 

Signature:

 

 

 

 

Position: Deputy E J Noel *

Assistant Minister for Treasury & Resources

 

Date Signed:

 

 

Date of Decision:

 

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