Transfer of Funding for Rock Fall at Snow Hill

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A decision made (20.10.2008) to approve the transfer of funds to enable a permanent solution to the rock fall at Snow Hill to be implemented.

Decision Reference: MD-TR-2008-0108
Decision Summary Title:	Funding for Rock Fall at Snow Hill		Date of Decision Summary:	14th October 2008
Decision Summary Author:	Loretta Outhwaite: Finance Director		Decision Summary: Public or Exempt?	Public
Type of Report: Oral or Written?	Written		Person Giving Oral Report:	n/a
Written Report Title:	Funding for Rock Fall at Snow Hill		Date of Written Report:	14th October 2008
Written Report Author:	Ray Foster		Written Report : Public or Exempt?	Public
Subject: Transfer funding from the Insurance Deductible Fund to address Rock Fall at Snow Hill.
Decision(s): The Minister approved the transfer of funding of £300,000 from the Insurance Deductible Fund to Jersey Property Holding’s revenue budget in 2008 to enable a permanent solution to the rock fall to be implemented
Reason(s) for Decision: The Public is liable to stabilise the rock face and this must be undertaken without delay. No funding to undertake the works exists in any approved budget and the event is uninsured.
Resource Implications: Other than those detailed in the report there are no further financial or manpower Implications.
Action required: Treasury to action the budget transfer. Property Holdings to progress works to effect a permanent solution.
Signature:		Position: Senator T A Le Sueur, Minister for Treasury and Resources
Date Signed: 20th October 2008		Date of Decision: 20th October 2008