La Collette Phase II - bus garage and workshop - proposed lease to Connex Transport Jersey Ltd. (P.190-2002) - comments

Published on: 5 November 2002

Presented by: Finance and Economics Committee

Debate date: 5 November 2002

Reference: P.190/2002(Com)

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LA COLLETTE PHASE II: BUS GARAGE AND WORKSHOP - PROPOSED LEASE TO CONNEX TRANSPORT JERSEY LTD. (P.190/2002): COMMENTS

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Presented to the States on 5th November 2002 by the Finance and Economics Committee

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STATES OF JERSEY

STATES GREFFE

150 2002 P.190 Com.

Price code: A

Comments

The Finance and Economics Committee notes that the annual rent of £180,000 will be sufficient to service the interest and the capital of the internal loan.