Mr. Michael Murnane:

This is a site of between 14 and 16 acres and we got a valuation but we did not get a formal valuation. Its valuation as agricultural land is about €100,000. Let me explain to the Deputy, again I refer to the report of the Comptroller and Auditor General, the Meelick site collapsed in value back in 2006, when Bord na gCon tried to secure the development potential of the site but access to the road between Limerick and Ennis was turned down.