Oireachtas Joint and Select Committees

Thursday, 5 February 2015

Public Accounts Committee

Vote 25 - Department of the Environment, Community and Local Government
Chapter 6 - Land Aggregation Scheme
Chapter 7 - Matters Arising from Audit of Vote 25 - Environment, Community and Local Government in Relation to Water Services

10:00 am

Mr. John McCarthy:

The initial decision either to buy land or not is a decision of the local authority. We have to give a borrowing consent to the local authority once it has been approved by the elected members in the first instance. We look at the borrowing versus the site and look to be happy it will not involve an exorbitant cost per housing because that is what we look down the road towards but, ultimately, if a local authority made a decision to give land away for another purpose, then it would have to take the financial consequences associated with that.

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