Fields 516, 517 & 518, La Rue de Patier, St. Saviour: Acquisition

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A decision made 14 December 2012:

Decision Reference: MD-H-2012-0108
Decision Summary Title :	DS – Approval of Acquisition of Homes at Fields 516, 517 & 518, La Rue De Patier, St Saviour		Date of Decision Summary:	12th December 2012
Decision Summary Author:	Director of Strategic Development		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 - approval of acquisition of social rented Life-long homes & associated land at fields 516, 517 & 518, La rue de patier, st saviour		Date of Written Report:	12th December 2012
Written Report Author:	Director of Strategic Development		Written Report : Public or Exempt? (State clauses from Code of Practice booklet)	Exempt Clause 3.2.1(a)(x)(xi)
Subject: Proposed Acquisition of Social Rented Life-Long Homes at Fields 516, 517 & 518, La Rue De Patier, St Saviour
Decision(s): The Minister: approved the proposal to acquire the development land at Fields 516, 517 and 518, La Rue de Patier, St Saviour and to the engagement of Dandara (Jersey) Limited to develop the proposed 80 social rented homes and associated land and common parts as per the agreed specification and approved drawings for the total sum of £8,000,000; and approved the virement of the necessary funds to meet the purchase costs inclusive of fees and stamp duty, from HYR000 to a new dedicated business unit to be established for the project; and directed that that on practical completion of the 32 bungalows that they be transferred to the Parish of St Saviour for the sum of £370,000 for the realty, plus any accrued fees incurred by the Public associated with the supervision of development; and requested that in accordance with Standing Order 168(2)(b) the Treasury and Resources Minister accept his recommendation, notify the States of the transaction in accordance with States Standing Order 168(3), and authorise the Attorney General and the Greffier to enter into all necessary contracts on behalf of the Public.
Reason(s) for Decision: To ensure that the purchase and development are carried out in accordance with States Standing Order 168
Resource Implications: Financial: Commitment of £8m from HYR000
Action required: Director of Strategic Development to:- Oversee Standing Order 168 approval process to completion Direct the preparation of all necessary building contracts Sign building contracts on behalf of the Minister
Signature:		Position: HOUSING MINISTER
Date Signed:		Date of Decision (If different from Date Signed):