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Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Credit Reporting Bill 2012: Committee Stage (23 Oct 2013)

Kieran O'Donnell: In the context of the report it would be interesting to provide analysis on the profile of how people are repaying rather than just providing bloc information.

Written Answers — Department of Transport, Tourism and Sport: Job Initiatives (5 Nov 2013)

Kieran O'Donnell: 1292. To ask the Minister for Transport, Tourism and Sport if he will provide for the use of social or local employment clauses in future capital projects under his Department's remit; and if he will make a statement on the matter. [47014/13]

Other Questions: Tourism Project Funding (7 Nov 2013)

Kieran O'Donnell: 11. To ask the Minister for Transport, Tourism and Sport his views on the provision of a Diaspora centre as an iconic tourism attraction; and if he will make a statement on the matter. [46982/13]

Other Questions: Tourism Project Funding (7 Nov 2013)

Kieran O'Donnell: This question asks the Minister for his views on the development of an iconic Diaspora centre as a tourism attraction in Limerick, which I represent. The Limerick local authorities and the Shannon Airport Authority are working on a joint bid. I would like the Minister to give an indication of the timeframe envisaged. It is my understanding that expressions of interest will be sought before...

Other Questions: Tourism Project Funding (7 Nov 2013)

Kieran O'Donnell: I thank the Minister for his response. It is welcome that he expects the Department to seek expressions of interest by the end of the year and that a decision will be made on the location of a national Diaspora centre by the middle of next year. Limerick will be the City of Culture in 2014 and is ideally located, with Shannon Airport on its doorstep. The fact that a formidable joint bid is...

Other Questions: Tourism Project Funding (7 Nov 2013)

Kieran O'Donnell: Does the Minister envisage that he will be appointing consultants to oversee this project? Has he an idea of the number of expressions of interest he will be looking for from various groups? The Limerick diaspora group, of which I am a member, has met with the Minister and his officials. Will he give us a further flavour of the process and how it will work?

Other Questions: Sports Capital Programme Applications (7 Nov 2013)

Kieran O'Donnell: 32. To ask the Minister for Transport, Tourism and Sport when he expects to invite applications for the next round of the sports capital programme and if there will be changes to the terms and conditions of the programme and the application process from the last round; and if he will make a statement on the matter. [46981/13]

Public Accounts Committee: Bord na gCon - Annual Accounts 2011 (7 Nov 2013)

Kieran O'Donnell: I welcome our guests and I apologise for my late arrival. Will they indicate how the tracks are performing in 2013? Mr. Murnane provided figures for 2012 in this regard.

Public Accounts Committee: Bord na gCon - Annual Accounts 2011 (7 Nov 2013)

Kieran O'Donnell: How are they doing in general?

Public Accounts Committee: Bord na gCon - Annual Accounts 2011 (7 Nov 2013)

Kieran O'Donnell: Approximately 10,000 people are employed in the industry. How many of the 17 tracks within the industry are privately owned?

Public Accounts Committee: Bord na gCon - Annual Accounts 2011 (7 Nov 2013)

Kieran O'Donnell: So the other ten are operated by Bord na gCon.

Public Accounts Committee: Bord na gCon - Annual Accounts 2011 (7 Nov 2013)

Kieran O'Donnell: Youghal continually appears to be operating at a loss. The Comptroller and Auditor General referred to the issue of maintaining a going concern and the level of debt involved. How does Youghal fit into Bord na gCon's plans for the future. I may be going over old ground here.

Public Accounts Committee: Bord na gCon - Annual Accounts 2011 (7 Nov 2013)

Kieran O'Donnell: What about Limerick?

Public Accounts Committee: Bord na gCon - Annual Accounts 2011 (7 Nov 2013)

Kieran O'Donnell: I read Mr. Neilan's presentation, particularly that part of which relates to addressing the level of debt. In the context of moving forward, when will the industry reach the point where it will be repaying capital and where its level of debt will be sustainable? Again, I may be going over old ground but-----

Public Accounts Committee: Bord na gCon - Annual Accounts 2011 (7 Nov 2013)

Kieran O'Donnell: What is the current level of debt? It was €22.2 million at the end of December 2011.

Public Accounts Committee: Bord na gCon - Annual Accounts 2011 (7 Nov 2013)

Kieran O'Donnell: What is the term of that loan?

Public Accounts Committee: Bord na gCon - Annual Accounts 2011 (7 Nov 2013)

Kieran O'Donnell: In the context of the term of the loan, have our guests come up with-----

Public Accounts Committee: Bord na gCon - Annual Accounts 2011 (7 Nov 2013)

Kieran O'Donnell: In the context of the negotiations with the banks, what is the typical lifespan of a track? Am I correct in stating that a portion of the €22.2 million relates to a short-term overdraft?

Public Accounts Committee: Bord na gCon - Annual Accounts 2011 (7 Nov 2013)

Kieran O'Donnell: So what is the position in terms of arriving at a sustainable model? Bord na gCon's current level of debt has caused the Comptroller and Auditor General to make reference to it. In that context, he made reference to Bord na gCon in the context of note 24 in the accounts. Is there a typical lifespan for a track? Limerick is a modern track.

Public Accounts Committee: Bord na gCon - Annual Accounts 2011 (7 Nov 2013)

Kieran O'Donnell: What view are the banks taking on the matter? Bord na gCon is seeking to restructure the debt over a 15-year term and make it a long-term loan. Is it currently involved in discussions with the banks?

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