28 West Park Avenue: Transfer from Jersey Property Holdings to Housing

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A decision made on 17 August 2012:

Decision Reference: MD-H-2012-0077
Decision Summary Title :	DS – Transfer of 28 West Park Avenue from Jersey Property Holdings to the Housing Department.		Date of Decision Summary:	10th August 2012
Decision Summary Author:	Asset Management Officer		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 - Transfer of 28 West Park Avenue from Jersey Property Holdings to the Housing Department.		Date of Written Report:	10th August 2012
Written Report Author:	Asset Management Officer		Written Report : Public or Exempt? (State clauses from Code of Practice booklet)	Public
Subject: Transfer of 28 West Park Avenue from Jersey Property Holdings to the Housing Department.
Decision(s): The Minister: i) Agreed to the transfer of 28 West Park Avenue from the balance sheet of Jersey Property Holdings to the Housing Department with effect from 08th August 2012. ii) Approved the transfer, in perpetuity, of the respective depreciation budget relating to the transferred property, from Jersey Property Holdings to the Housing Department with effect from 08th August 2012.
Reason(s) for Decision: The property proposed for transfer provides ‘crisis’ housing and, therefore, is more closely aligned with the core activities of the Housing Department.
Resource Implications: Financial: No resource implications other than the budget transfer as set out above.
Action required: Treasury & Resources to arrange for the asset and any associated budgets to be transferred from Jersey Property Holdings to the Housing Department area of the States balance sheet.
Signature:		Position: HOUSING MINISTER
Date Signed:		Date of Decision (If different from Date Signed):