Transfer of Radio Tower to Property Holdings

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A decsion made (20.02.06) to agree to transfer the adiministration of the Radio Tower to Property Holdings under the Ministry of Treasury and Resources for use in the Jersey Heritage Trust managed Coastal Towers and Fortifications initiative.

Subject:	Transfer of Radio Tower to Property Holdings
Decision Reference:	MD-E-2006-0018		Exempt clause(s):	n/a
Type of Report: (oral or written)	Written		Person Giving Report (if oral):	n/a
Telephone or e-mail Meeting?	n/a		Report File ref:	S/9/b
Written report – Title	Transfer of Radio Tower, Corbiere, to Property Holdings under the Minister for Treasury and Resources
Written report – Author (name and job title)	Andrew Courtness, Harbours Commercial Director
Decision(s): That the administration of the Radio Tower at Corbiere is transferred to the Property Holdings under the Minister for Treasury and Resources for use in the Jersey Heritage Trust managed Coastal Towers and Fortifications initiative
Reason(s) for decision: The Jersey Heritage Trust managed Coastal Towers and Fortifications initiative will enable coastal forts and fortification to be renovated and used for self catering holiday let. The Radio Tower is an important part of that initiative and should therefore be transferred to Property Holdings to enable the portfolio to be managed from one States Department. The Heritage Trust has been allocated £750,000 for the renovation of ancient buildings and fortifications for use towards Tourism. Renovation of the old German/Radio Tower at Corbiere is budgeted at £60,500 from the allocation and an estimated income of £9,700 per annum is expected from holiday letting.
Action required: 1.The Minister of Economic Development to agree transfer to the administration of the Radio Tower to the Minister of Treasury and Resources either immediately or to be included in the full property exercise of transfer between Property Services and Harbours (the latter having no material affect on the project) 2. Property Holdings to complete a lease agreement with the Jersey Heritage Trust.
Signature: Deputy Alan Maclean Assistant Minister		Date of Decision: