Oireachtas Joint and Select Committees

Thursday, 18 May 2017

Public Accounts Committee

Bord na gCon: Financial Statements 2015 (Resumed)

9:00 am

Mr. Brendan Gleeson:

I do not know what an appropriate valuation for the site is because I am not a valuer and have no expertise in that regard but a process has been established under circulars promulgated by the Department of Public Expenditure and Reform. The process is that the Valuation Office provides a valuation for the site. I cannot say more about the valuation than that. The Valuation Office valued it. That is all that I know about it.

There was a second aspect to the Deputy's question. A zoning process is under way. As I understand it, that process will involve getting sanction from the Department of Public Expenditure and Reform. It will also involve the provision of a contract that will be subject to zoning, in that the Department of Education and Skills will sign a contract subject to the appropriate zoning being obtained. That is my understanding.

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