Darragh O'Brien (Dublin Fingal, Fianna Fail) | Oireachtas source

The Deputy is probably referring to the Herbert Hill development. That was the first enhanced leasing project approved by the Department. Following the approval, a standard review took place on all application procedures. As a result of the review, it was decided that an additional requirement for approval under the scheme would be that a local authority would, in addition to any red book valuation provided by the proposer, also provide a valuation on its own behalf. The purpose of this was to provide an additional safeguard to help local authorities achieve maximum value for money in their negotiations and to harmonise requirements under the standard long-term and enhanced leasing. This change was made in December 2019 and the second development approved was the Millrace development in Ballinasloe. An independent valuation was requested and furnished for that application.

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