Results 18,821-18,840 of 26,148 for speaker:Kieran O'Donnell
- Public Accounts Committee: Special Report No. 86 of the Comptroller and Auditor General: Bord na gCon (27 Nov 2014)
Kieran O'Donnell: To what does Mr. Murnane attribute the downturn?
- Public Accounts Committee: Special Report No. 86 of the Comptroller and Auditor General: Bord na gCon (27 Nov 2014)
Kieran O'Donnell: Did it historically?
- Public Accounts Committee: Special Report No. 86 of the Comptroller and Auditor General: Bord na gCon (27 Nov 2014)
Kieran O'Donnell: At a nominal rent of-----
- Public Accounts Committee: Special Report No. 86 of the Comptroller and Auditor General: Bord na gCon (27 Nov 2014)
Kieran O'Donnell: In, essence, it is freehold.
- Public Accounts Committee: Special Report No. 86 of the Comptroller and Auditor General: Bord na gCon (27 Nov 2014)
Kieran O'Donnell: That is the point I was getting to. It is not strictly correct to say it is €4 million. That €1 million will never come into being.
- Public Accounts Committee: Special Report No. 86 of the Comptroller and Auditor General: Bord na gCon (27 Nov 2014)
Kieran O'Donnell: What would be the situation in which the vendor would instigate that call option?
- Public Accounts Committee: Special Report No. 86 of the Comptroller and Auditor General: Bord na gCon (27 Nov 2014)
Kieran O'Donnell: Will Mr. Murnane explain that again?
- Public Accounts Committee: Special Report No. 86 of the Comptroller and Auditor General: Bord na gCon (27 Nov 2014)
Kieran O'Donnell: I know that.
- Public Accounts Committee: Special Report No. 86 of the Comptroller and Auditor General: Bord na gCon (27 Nov 2014)
Kieran O'Donnell: I assume that is a contingent liability because, ultimately, the risk is that if there is any development on the site and he applies for planning and gets refused for the overflow carpark, he can call on that €1 million.
- Public Accounts Committee: Special Report No. 86 of the Comptroller and Auditor General: Bord na gCon (27 Nov 2014)
Kieran O'Donnell: I did.
- Public Accounts Committee: Special Report No. 86 of the Comptroller and Auditor General: Bord na gCon (27 Nov 2014)
Kieran O'Donnell: No. Some €1.4 million in costs was incurred in regard to the site filling at Greenpark but is that separate from the carpark?
- Public Accounts Committee: Special Report No. 86 of the Comptroller and Auditor General: Bord na gCon (27 Nov 2014)
Kieran O'Donnell: No. Some €1.4 million was incurred on site filling at the Greenpark site. This was originally provided by the vendor at no cost. Is that separate from the carpark?
- Public Accounts Committee: Special Report No. 86 of the Comptroller and Auditor General: Bord na gCon (27 Nov 2014)
Kieran O'Donnell: The €1.7 million is in addition.
- Public Accounts Committee: Special Report No. 86 of the Comptroller and Auditor General: Bord na gCon (27 Nov 2014)
Kieran O'Donnell: In the original contract, was the vendor supposed to provide that surface for the carpark as well?
- Public Accounts Committee: Special Report No. 86 of the Comptroller and Auditor General: Bord na gCon (27 Nov 2014)
Kieran O'Donnell: Therefore, the Chairman is correct that in addition to the €4 million, another €1.7 million was incurred which was not expected to be incurred.
- Public Accounts Committee: Special Report No. 86 of the Comptroller and Auditor General: Bord na gCon (27 Nov 2014)
Kieran O'Donnell: With due respect, if proper pre-planning had been done on the Meelick site and the Greenpark site, many of these issues would have been avoided. There were clearly complications with both sides. Unfortunately, if one goes into an agreement with a vendor and does not check out pre-planning, the vendor is playing with the ace of hearts or with the trump card. The vendor was playing with all...
- Public Accounts Committee: Special Report No. 86 of the Comptroller and Auditor General: Bord na gCon (27 Nov 2014)
Kieran O'Donnell: It is an excellent facility.
- Public Accounts Committee: Special Report No. 86 of the Comptroller and Auditor General: Bord na gCon (27 Nov 2014)
Kieran O'Donnell: From when and to what date?
- Public Accounts Committee: Special Report No. 86 of the Comptroller and Auditor General: Bord na gCon (27 Nov 2014)
Kieran O'Donnell: It appears that if the consultants' report commissioned on the Meelick site had gone to the board, there is a fair chance that the bid on the site would not have been pursued. It might have been a timing thing at the time as the timescale was very short in terms of completing a report before the public auction. Once one goes to public auction, one is on a hiding to nothing on a risk basis...
- Public Accounts Committee: Special Report No. 86 of the Comptroller and Auditor General: Bord na gCon (27 Nov 2014)
Kieran O'Donnell: Can I move forward? What are Bord na gCon's current debt levels?