Catherine Murphy (Kildare North, Social Democrats)
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332. To ask the Minister for Finance if he will provide an update in respect of the purchase of a school site in a project that involves the NTMA (details supplied); and the date on which the acquisition of lands is due to be finalised. [57140/23]

Michael McGrath (Cork South Central, Fianna Fail)
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I have raised this matter with NAMA and have been advised that the appointed Receiver over this site has advanced a draft contract for sale with the Department of Education which is currently under negotiation. The site is zoned for community and education purposes, and it is understood that the Department intends providing a school campus on these lands.