Written answers

Thursday, 18 December 2008

Department of Finance

Decentralisation Programme

5:00 pm

Photo of Joan BurtonJoan 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]

Photo of Martin ManserghMartin Mansergh (Tipperary South, Fianna Fail)
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The details of the sites purchased where decentralisation has been deferred are as follows:

LocationSite CostAcquired
Cavan2,900,0002006
Dungarvan2,383,5002006
Edenderry1,500,0002006
Thomastown1,800,0002008
Thurles967,5002005
Waterford8,000,0002008

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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