Results 1,941-1,960 of 20,048 for speaker:Brian Stanley
- Public Accounts Committee: Financial Statements 2022: University of Limerick (9 May 2024)
Brian Stanley: The price for Rhebogue far exceeded what it would make on the open market as residential property, as homes. Was the issue of the price and valuation and also the fact it was being designated as a commercial purchase raised at that committee?
- Public Accounts Committee: Financial Statements 2022: University of Limerick (9 May 2024)
Brian Stanley: Those two issues.
- Public Accounts Committee: Financial Statements 2022: University of Limerick (9 May 2024)
Brian Stanley: No, but the university was buying homes in a housing estate-----
- Public Accounts Committee: Financial Statements 2022: University of Limerick (9 May 2024)
Brian Stanley: -----on what is called the "open market". It is the same as me getting a mortgage and buying one of them. The university was buying 20 houses. It was not buying them commercially. It would subsequently become commercial at the point at which they came into the university. The university may have a commercial dimension then, in that it becomes student accommodation by changing the sitting...
- Public Accounts Committee: Financial Statements 2022: University of Limerick (9 May 2024)
Brian Stanley: Yes, please.
- Public Accounts Committee: Financial Statements 2022: University of Limerick (9 May 2024)
Brian Stanley: I am taking on board what Professor Kilcommins is saying but what I am trying to reconcile in my head is that the university was not buying individual units or buildings with four self-contained units in them. It was buying three-bedroom homes. That is the point I am trying to make. There are 30 pages in the policy for the acquisition of new property and buildings, land and infrastructure....
- Public Accounts Committee: Financial Statements 2022: University of Limerick (9 May 2024)
Brian Stanley: There were procedures there beforehand.
- Public Accounts Committee: Financial Statements 2022: University of Limerick (9 May 2024)
Brian Stanley: Yes, and I have been trying to make sense of the issue of this rental agreement from the briefing notes we were given. It seems as if the issue of rental and stage payments was basically a load of cock and bull just to try to cloud the issue. The purchase price is the purchase price, is that right?
- Public Accounts Committee: Financial Statements 2022: University of Limerick (9 May 2024)
Brian Stanley: Of course, there was not. External advice was sought and given on this from a company. Is that external company still retained to give advice to UL? Is the company still doing work for UL?
- Public Accounts Committee: Financial Statements 2022: University of Limerick (9 May 2024)
Brian Stanley: On the valuation.
- Public Accounts Committee: Financial Statements 2022: University of Limerick (9 May 2024)
Brian Stanley: Tell me about the advice on planning in a minute.
- Public Accounts Committee: Financial Statements 2022: University of Limerick (9 May 2024)
Brian Stanley: What was the first one?
- Public Accounts Committee: Financial Statements 2022: University of Limerick (9 May 2024)
Brian Stanley: Market value is the only issue. It is what you can buy for.
- Public Accounts Committee: Financial Statements 2022: University of Limerick (9 May 2024)
Brian Stanley: If somebody is going to buy a bullock that is a year old he or she does not buy it at the value of what it will be when it is three years old and fully fattened. It is a ridiculous situation.
- Public Accounts Committee: Financial Statements 2022: University of Limerick (9 May 2024)
Brian Stanley: With regard to planning, is it the case that the planning issue was addressed by external advice? It appears that it was the word of the developer and that that company said the planning was okay and there is nothing to worry about here. Is that the case?
- Public Accounts Committee: Financial Statements 2022: University of Limerick (9 May 2024)
Brian Stanley: Was this brought to the attention of the executive committee?
- Public Accounts Committee: Financial Statements 2022: University of Limerick (9 May 2024)
Brian Stanley: Was it brought to the attention of the governing authority?
- Public Accounts Committee: Financial Statements 2022: University of Limerick (9 May 2024)
Brian Stanley: No. I thank Professor Kilcommins.
- Public Accounts Committee: Financial Statements 2022: University of Limerick (9 May 2024)
Brian Stanley: Deputy, be careful with language please.
- Public Accounts Committee: Financial Statements 2022: University of Limerick (9 May 2024)
Brian Stanley: Untruth.