Bríd Smith (Dublin South Central, People Before Profit Alliance)
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199. To ask the Minister for Arts, Heritage and the Gaeltacht how the State paid a sum of €5 million to purchase Numbers 14 to 17 Moore Street, Dublin 1, including details of the valuation process of the properties and of the recipients of the said moneys. [20058/16]

Heather Humphreys (Cavan-Monaghan, Fine Gael)
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The cost of the acquisition of Nos. 14 – 17 Moore Street (and part of No. 18) by the State amounted to €4m. The purchase from the previous owner was effected with the assistance of the National Asset Management Agency and the €4 million consideration was arrived at in the normal commercial manner. Half the purchase price was paid to NAMA in 2015 and the balance is due to be paid in the current year.

The decision to acquire the national monument at Nos. 14–17 Moore Street for the State was because of its association with, and key role in, the events of Easter 1916 and in recognition of its significant historical value in that context.