Written answers
Thursday, 18 December 2008
Department of Finance
Decentralisation Programme
5:00 pm
Joan Burton (Dublin West, Labour)
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Question 98: To ask the Minister for Finance further to Parliamentary Question No. 46 of 11 December 2008, the details of the €17.5 million acquisition of sites for deferred elements of the decentralisation programme, including the cost per site, date of acquisition, current value, current usage, current rental income and future intentions; and if he will make a statement on the matter. [47564/08]
Martin Mansergh (Tipperary South, Fianna Fail)
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The details of the sites purchased where decentralisation has been deferred are as follows:
Location | Site Cost | Acquired |
€ | ||
Cavan | 2,900,000 | 2006 |
Dungarvan | 2,383,500 | 2006 |
Edenderry | 1,500,000 | 2006 |
Thomastown | 1,800,000 | 2008 |
Thurles | 967,500 | 2005 |
Waterford | 8,000,000 | 2008 |
All of the above acquisitions preceded the Government's Budget decision to defer part of the Decentralisation Programme for further consideration in 2011.
The sites in question are now part of the State's property portfolio and will remain so at least until the Government completes its further consideration of the programme in 2011.
If it is the case that any of the sites are surplus to requirements at that stage, the OPW will consider how best to extract value having regard to prevailing market conditions at the time. At that stage, the market value of the sites will be determined.
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