28 West Park Avenue: Transfer to Housing Department

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A decision made on 13 August 2012:

Decision Reference: MD-PH-2012-0080
Decision Summary Title :	DS – 28 West Park Avenue: Transfer from Jersey Property Holdings to the Housing Department		Date of Decision Summary:	9 August 2012
Decision Summary Author:	Acting Director		Decision Summary: Public or Exempt?	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 Housing Department		Date of Written Report:	9 August 2012
Written Report Author:	Acting Director		Written Report : Public or Exempt?	Public
Subject: 28 West Park Avenue – Transfer from Jersey Property Holdings (JPH) to the Housing Department (1071-01-001)
Decision(s): The Minister agreed to the transfer of the 28 West Park Avenue, St Helier from JPH to the Housing Department with effect from 01 August 2012.
Reason(s) for Decision: The property provides emergency housing and is, therefore, more closely aligned with the core functions of the Housing Department. This property was omitted in error from the properties transferred in 2010 (MD-H-2010-0074 and MD-TR-2010-0129 refer).
Resource Implications: The transfer has no impact on either JPH’s or Housing’s near cash revenue account on transfer. Relevant non cash budgets for depreciation will be transferred from JPH to the Housing Department
Action required: Treasury and Resources to arrange for the asset and any associated budgets to be transferred from JPH to the Housing Department’s balance sheet.
Signature:		Position: Deputy E J Noel* Assistant Minister for Treasury & Resources
Date Signed:		Date of Decision (If different from Date Signed):

28 West Park Avenue: Transfer to Housing Department

TREASURY AND RESOURCES DEPARTMENT

JERSEY PROPERTY HOLDINGS

Property Transaction for Ministerial Decision - Minister for Treasury and Resources

28 West Park Avenue – Transfer from Jersey Property Holdings to the Housing Department

RFo 1071

Purpose

To seek the approval of the Minister to transfer 28 West Park Avenue, St Helier from the balance sheet of Jersey Property Holdings (JPH) to 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.

Recommendation

That the Minister agrees to transfer 28 West Park Avenue from the balance sheet of JPH to the Housing Department, together with the relevant budget for depreciation

Written and Authorised By: (Director/Assistant Director JPH)

Signature ………………………… 8 August 2012