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Public Accounts Committee: 2016 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 15 - Galway Art House Cinema
Vote 33 - Arts, Heritage, Regional, Rural and Gaeltacht Affairs
(29 Mar 2018)

Jonathan O'Brien: I have one final question on this issue but I would like to come in again later to speak about the Cork event centre. At this stage, a private funder came on board, and as pointed out by Deputy MacSharry, a decision was taken that the cinema would be provided on a 30-year lease and that for the first 25 years we would be paid €1. When was that decision taken?

Public Accounts Committee: 2016 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 15 - Galway Art House Cinema
Vote 33 - Arts, Heritage, Regional, Rural and Gaeltacht Affairs
(29 Mar 2018)

Jonathan O'Brien: At that stage, we had committed the original tranche of money, an additional tranche of money and there were issues with two contractors in terms of site management, we knew how much the private investor had committed to paying but not the amount paid at that point yet we agreed to a lease in respect of which he would pay €1 for 25 years. Is that correct?

Public Accounts Committee: 2016 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 15 - Galway Art House Cinema
Vote 33 - Arts, Heritage, Regional, Rural and Gaeltacht Affairs
(29 Mar 2018)

Jonathan O'Brien: We have figures for this.

Public Accounts Committee: 2016 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 15 - Galway Art House Cinema
Vote 33 - Arts, Heritage, Regional, Rural and Gaeltacht Affairs
(29 Mar 2018)

Jonathan O'Brien: In the note I referenced earlier it states that details are not available for the amounts paid by the private investor.

Public Accounts Committee: 2016 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 15 - Galway Art House Cinema
Vote 33 - Arts, Heritage, Regional, Rural and Gaeltacht Affairs
(29 Mar 2018)

Jonathan O'Brien: Following on from the report, do we have confirmation of the amounts paid?

Public Accounts Committee: 2016 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 15 - Galway Art House Cinema
Vote 33 - Arts, Heritage, Regional, Rural and Gaeltacht Affairs
(29 Mar 2018)

Jonathan O'Brien: Does Ms Licken think it was acceptable at that stage to sign a lease for €1 for 25 years given all the issues with this project, including the additional funding which the Department had to provide? Was there no other option available to get this cinema opened?

Public Accounts Committee: 2016 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 15 - Galway Art House Cinema
Vote 33 - Arts, Heritage, Regional, Rural and Gaeltacht Affairs
(29 Mar 2018)

Jonathan O'Brien: Am I correct that for an additional €1 million this could have been retained in public ownership?

Public Accounts Committee: 2016 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 15 - Galway Art House Cinema
Vote 33 - Arts, Heritage, Regional, Rural and Gaeltacht Affairs
(29 Mar 2018)

Jonathan O'Brien: I am talking about the entire project. Is it fair to say that there would be no private commercial aspect to this if the State had provided an additional €1 million?

Public Accounts Committee: 2016 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 15 - Galway Art House Cinema
Vote 33 - Arts, Heritage, Regional, Rural and Gaeltacht Affairs
(29 Mar 2018)

Jonathan O'Brien: Do we know what the Charities Regulator is investigating?

Public Accounts Committee: 2016 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 15 - Galway Art House Cinema
Vote 33 - Arts, Heritage, Regional, Rural and Gaeltacht Affairs
(29 Mar 2018)

Jonathan O'Brien: May I refer again to the event centre in Cork and the amount of money the Department has committed? What is the total figure?

Public Accounts Committee: 2016 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 15 - Galway Art House Cinema
Vote 33 - Arts, Heritage, Regional, Rural and Gaeltacht Affairs
(29 Mar 2018)

Jonathan O'Brien: So there is €11 million committed still. There was also €5 million set aside for potential redesign costs.

Public Accounts Committee: 2016 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 15 - Galway Art House Cinema
Vote 33 - Arts, Heritage, Regional, Rural and Gaeltacht Affairs
(29 Mar 2018)

Jonathan O'Brien: No.

Public Accounts Committee: 2016 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 15 - Galway Art House Cinema
Vote 33 - Arts, Heritage, Regional, Rural and Gaeltacht Affairs
(29 Mar 2018)

Jonathan O'Brien: Is a further €10 million being sought?

Public Accounts Committee: 2016 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 15 - Galway Art House Cinema
Vote 33 - Arts, Heritage, Regional, Rural and Gaeltacht Affairs
(29 Mar 2018)

Jonathan O'Brien: Has the Department given that commitment yet?

Public Accounts Committee: 2016 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 15 - Galway Art House Cinema
Vote 33 - Arts, Heritage, Regional, Rural and Gaeltacht Affairs
(29 Mar 2018)

Jonathan O'Brien: The only reason I ask is because a Minister recently announced that the €10 million had been committed.

Public Accounts Committee: 2016 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 15 - Galway Art House Cinema
Vote 33 - Arts, Heritage, Regional, Rural and Gaeltacht Affairs
(29 Mar 2018)

Jonathan O'Brien: Ms Licken can probably understand there is great frustration in the city because this project has not proceeded. The sod was turned two years ago, to much fanfare, yet we have no indication whether we will even get the event centre. I will leave it at that. I have one final point, on Galway. Could the witnesses provide the committee with the documentary proof, which was submitted prior...

Public Accounts Committee: 2016 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 15 - Galway Art House Cinema
Vote 33 - Arts, Heritage, Regional, Rural and Gaeltacht Affairs
(29 Mar 2018)

Jonathan O'Brien: One of the conditions was that it would be provided to the Department. I am just wondering whether it could be forwarded to the committee. I refer to the original costs.

Leaders' Questions (27 Mar 2018)

Jonathan O'Brien: Why Fianna Fáil-----

Written Answers — Department of Finance: Mortgage Book Sales (27 Mar 2018)

Jonathan O'Brien: 116. To ask the Minister for Finance the meetings he has held with the State owned banks at which the issue of the sale of loans to vulture funds was raised; and if he will make a statement on the matter. [13938/18]

Written Answers — Department of Finance: Property Tax (27 Mar 2018)

Jonathan O'Brien: 117. To ask the Minister for Finance when a decision on the future of the local property tax will be made. [13937/18]

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