Oireachtas Joint and Select Committees

Thursday, 7 July 2022

Public Accounts Committee

2020 Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 26 - Education
2018 Report on the Accounts of the Public Services of the Comptroller and Auditor General
Chapter 7 - Purchase of Sites for School Provision
2019 Report on the Accounts of the Public Services of the Comptroller and Auditor General
Chapter 8 - Management of the Schools Estate

9:30 am

Photo of Catherine MurphyCatherine Murphy (Kildare North, Social Democrats) | Oireachtas source

We may well come back at some stage on the rents generally paid.

Turning to another topic, can we get an update on what has happened with the Harold’s Cross site? This matter came up in previous meetings of this committee in respect of the valuation. It happened to be the exact figure that the then Irish Greyhound Board, IGB, was indebted to. Some €23 million was paid for that site, which had restrictive zoning. It was subsequently zoned for education. At the time, there was a question mark about the valuation, because it would have been very different if the valuation had been in the context of educational and institutional as opposed to residential. A residential zoning was the comparator used when the site was purchased. What has happened on that site? What level of investment is expected in the land purchased?

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