Written answers
Tuesday, 30 May 2017
Department of Education and Skills
Site Acquisitions
Mick Barry (Cork North Central, Solidarity)
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171. To ask the Minister for Education and Skills if he obtained an independent valuation for the Harold's Cross stadium before his Department purchased the stadium from Bord na gCon; the valuation arrived at; and if he will make a statement on the matter. [25360/17]
Richard Bruton (Dublin Bay North, Fine Gael)
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The valuation obtained by my Department in relation to the Harold's Cross Greyhound Stadium was undertaken in line with Department of Public Expenditure and Reform Circulars 11/15 and 17/16. The protocol provides for the Valuation Office to furnish a binding estimate of value.
The valuation report was carried out by the Valuation Office, in accordance with the RICS Valuation Professional Standards and the International Valuation Standards as issued by the International Valuation Standards Council, and indicated a value of €23 million for the property.
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