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Public Accounts Committee: 2013 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
IDA Ireland - Financial Statement 2013
Enterprise Ireland - Financial Statement 2013
(12 Feb 2015)

John Perry: Is that in the Irish economy?

Public Accounts Committee: 2013 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
IDA Ireland - Financial Statement 2013
Enterprise Ireland - Financial Statement 2013
(12 Feb 2015)

John Perry: What would it be for the IDA?

Public Accounts Committee: 2013 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
IDA Ireland - Financial Statement 2013
Enterprise Ireland - Financial Statement 2013
(12 Feb 2015)

John Perry: So really the corporation tax is only one very small element of the income.

Public Accounts Committee: 2013 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
IDA Ireland - Financial Statement 2013
Enterprise Ireland - Financial Statement 2013
(12 Feb 2015)

John Perry: I congratulate Frank Ryan on his appointment as chair of the IDA. I am aware of his extraordinary record in Enterprise Ireland. We are fortunate that he is available to serve as chairman of the IDA. I believe he will do very well.

Public Accounts Committee: Business of Committee (5 Feb 2015)

John Perry: Regarding mediation, while I agree with the sentiment of the letter, it should just find out the procedure. Perhaps papers have to be issued before mediation can commence. The carrot might be better than the stick in seeking a resolution.

Public Accounts Committee: Business of Committee (5 Feb 2015)

John Perry: Does the new office of Mr. Quinn in the Office of Government Procurement come under the Comptroller and Auditor General's audit?

Public Accounts Committee: Business of Committee (5 Feb 2015)

John Perry: With regard to criteria applying to centralised buying and securing value for money, what remit has Mr. Quinn over the colleges? Do they buy into the procedure Mr. Quinn has clearly laid down where a value for money report would be completed? Have colleges not adhered to the new code of centralised buying and securing the best value for money with regard to school supplies? Is the...

Public Accounts Committee: Business of Committee (5 Feb 2015)

John Perry: On that point, and having regard to the Chairman's point regarding the HSE, I know the office is currently employing people in different regions solely to deal with the €15 billion of State contracts that are being brought through various Departments. It may be advisable that on the day the delegates from the HSE or from the colleges next come before the committee that Mr. Quinn would...

Public Accounts Committee: Vote 25 - Department of the Environment, Community and Local Government
Chapter 6 - Land Aggregation Scheme
Chapter 7 - Matters Arising from Audit of Vote 25 - Environment, Community and Local Government in Relation to Water Services
(5 Feb 2015)

John Perry: I congratulate Mr. McCarthy on his appointment and I welcome him and his team. In the context of land, up to 30,000 social housing units could be built on the 755 hectares to which reference has been made. How many such units have been built?

Public Accounts Committee: Vote 25 - Department of the Environment, Community and Local Government
Chapter 6 - Land Aggregation Scheme
Chapter 7 - Matters Arising from Audit of Vote 25 - Environment, Community and Local Government in Relation to Water Services
(5 Feb 2015)

John Perry: To whom is the Housing Agency accountable? Is it the Comptroller and Auditor General?

Public Accounts Committee: Vote 25 - Department of the Environment, Community and Local Government
Chapter 6 - Land Aggregation Scheme
Chapter 7 - Matters Arising from Audit of Vote 25 - Environment, Community and Local Government in Relation to Water Services
(5 Feb 2015)

John Perry: Does it come under the Department's remit?

Public Accounts Committee: Vote 25 - Department of the Environment, Community and Local Government
Chapter 6 - Land Aggregation Scheme
Chapter 7 - Matters Arising from Audit of Vote 25 - Environment, Community and Local Government in Relation to Water Services
(5 Feb 2015)

John Perry: There is a huge demand for social housing at present and there is a massive land bank available. Perhaps Mr. John McCarthy will explain from where that land came. In light of the number of transfers to the Housing Finance Agency - some people availed of this process but others did not - and if one considers the level of indebtedness among local authorities and their inability to pay, one...

Public Accounts Committee: Vote 25 - Department of the Environment, Community and Local Government
Chapter 6 - Land Aggregation Scheme
Chapter 7 - Matters Arising from Audit of Vote 25 - Environment, Community and Local Government in Relation to Water Services
(5 Feb 2015)

John Perry: Would Mr. John McCarthy describe the land aggregation scheme as a mini-NAMA, particularly in the context of the site valuations realised by those who were very fortunate to avail of it? Quite a number of people were excluded from the terms of the scheme. Have more up-to-date valuations been made in respect of the lands involved, especially as many of them are not even zoned for residential...

Public Accounts Committee: Vote 25 - Department of the Environment, Community and Local Government
Chapter 6 - Land Aggregation Scheme
Chapter 7 - Matters Arising from Audit of Vote 25 - Environment, Community and Local Government in Relation to Water Services
(5 Feb 2015)

John Perry: In his opening statement Mr. McCarthy referred to the condition that there would be no plans for the sites that were transferred to the land aggregation scheme. Is that not a most unusual statement in light of the fact that there has proved to be no development on any of the sites that have been transferred? Why was that stipulation put in? One would assume it would have been the direct...

Public Accounts Committee: Vote 25 - Department of the Environment, Community and Local Government
Chapter 6 - Land Aggregation Scheme
Chapter 7 - Matters Arising from Audit of Vote 25 - Environment, Community and Local Government in Relation to Water Services
(5 Feb 2015)

John Perry: What was the plan? This stipulation was in place. Who had the responsibility for developing the land aggregated sites that are now transferred? Whose responsibility is that?

Public Accounts Committee: Vote 25 - Department of the Environment, Community and Local Government
Chapter 6 - Land Aggregation Scheme
Chapter 7 - Matters Arising from Audit of Vote 25 - Environment, Community and Local Government in Relation to Water Services
(5 Feb 2015)

John Perry: The Housing Finance Agency had guarantees given by the State in respect of the loan of €800 million. Ultimately, who signed the guarantee for that? Was it a representative of the Department?

Public Accounts Committee: Vote 25 - Department of the Environment, Community and Local Government
Chapter 6 - Land Aggregation Scheme
Chapter 7 - Matters Arising from Audit of Vote 25 - Environment, Community and Local Government in Relation to Water Services
(5 Feb 2015)

John Perry: What happens in the case of a default? If a local authority cannot pay, is the Department next in line? Does it have a collateral note on this?

Public Accounts Committee: Vote 25 - Department of the Environment, Community and Local Government
Chapter 6 - Land Aggregation Scheme
Chapter 7 - Matters Arising from Audit of Vote 25 - Environment, Community and Local Government in Relation to Water Services
(5 Feb 2015)

John Perry: Some purchased land is not suitable for development. A total of 25 sites that originally cost €37 million were rejected by the Department for inclusion in the scheme. Were they not approved by the Department originally?

Public Accounts Committee: Vote 25 - Department of the Environment, Community and Local Government
Chapter 6 - Land Aggregation Scheme
Chapter 7 - Matters Arising from Audit of Vote 25 - Environment, Community and Local Government in Relation to Water Services
(5 Feb 2015)

John Perry: This is very much an inherited difficulty. However, at the moment there is a great demand for social housing. There is a cap for buy-to-let arrangements and so on of up to €220,000. We all have strategies but what people want is immediate action. Strategies can take a long time in terms of planning, design and rezoning. Many of these lands have been taken out of the zoning area....

Public Accounts Committee: Vote 25 - Department of the Environment, Community and Local Government
Chapter 6 - Land Aggregation Scheme
Chapter 7 - Matters Arising from Audit of Vote 25 - Environment, Community and Local Government in Relation to Water Services
(5 Feb 2015)

John Perry: Let us deal with the reality at the moment in respect of the Housing Finance Agency, its land bank and the attached indebtedness. Apparently, in 2007 the Department approved the purchase of €80 million worth of land at inflated prices. Then there was a severe downturn in the market. Only two sites purchased in 2007 have been included in the scheme. Is the debt attached to the land...

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