Oireachtas Joint and Select Committees
Tuesday, 20 April 2021
Select Committee on Housing, Planning and Local Government
Estimates for Public Services 2021
Vote 16 - Valuation Office (Revised)
Vote 23 - Property Registration Authority (Revised)
Vote 34 - Housing, Local Government and Heritage (Revised)
Cian O'Callaghan (Dublin Bay North, Social Democrats) | Oireachtas source
On the theme of value for money, the Minister referred to long-term leasing under Part V. Does he have any value-for-money concerns about the increased use of leasing instead of Part V acquisitions? Documents released to me under freedom of information show that Dún Laoghaire-Rathdown County Council, with State approval, signed multimillion euro contracts for 25-year long-term leases and did not carry out any independent valuation. It relied entirely on valuations provided by the developer. Is the Minister concerned about that? Is he confident that this has not happened anywhere else? Has he investigated the matter and can he assure us that it will not happen again?
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