Written answers

Tuesday, 22 November 2005

10:00 pm

Photo of Ruairi QuinnRuairi Quinn (Dublin South East, Labour)
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Question 343: To ask the Minister for Finance the cost to date in 2005 for maintenance, insurance, security, health and safety, renovations and other miscellaneous costs for a property (details supplied) in Dublin 4; the breakdown for each calendar year, including the first partial year and to date in 2005 has been for each category listed; the costs he expected to incur between now and the disposal of said property to the affordable housing partnership; if he will receive any remuneration to his Department from the affordable housing partnership upon transfer of the property or at any stage in the future from this property; the original cost of the property to the State; the cost of the transaction of purchasing the property; and if he will make a statement on the matter. [35494/05]

Tom Parlon (Laois-Offaly, Progressive Democrats)
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The Commissioners of Public Works acting on behalf of the Reception and Integration Agency of the Department of Justice, Equality and Law Reform purchased Broc House in June 2000 for €9,205,601. The breakdown of costs for security and maintenance for Broc House incurred by the State up to 25 October 2005 is detailed below. The transfer of Broc House to the Affordable Housing Partnership is under way. The terms of the transfer agreement provide that in the event that the local authority realises a surplus, the same should be distributed by the local authority. This means that 65% of the surplus shall be paid to the Minister to be used as part of the affordable housing initiative and 35% of the surplus shall be paid to the transferer. The purchase of the property was handled by the Office of the Chief State Solicitor and no agent's charges were incurred.

Broc House — Yearly Running Cost.
Year Security Maintenance/ Renovations Total
â'¬â'¬â'¬
200023,875.0323,875.03
2001 120,713.93 55,856.79 176,570.72
2002 103,596.24 103,596.24
2003 116.923.15 116,923.15
2004 102,871.52 102,871.52
2005 (up to and including Oct.) 103,713.74 103,713.74
Total 627,550.40

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