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Results 421-440 of 1,087,207 for in 'Dáil debates' OR in 'Committee meetings' (speaker:Paul Daly OR speaker:Jennifer Murnane O'Connor OR speaker:Pádraig O'Sullivan OR speaker:Cathal Crowe OR speaker:Colm Burke OR speaker:Catherine Connolly OR speaker:Brian Stanley OR speaker:David Stanton OR speaker:Brendan Smith OR speaker:Peadar Tóibín OR speaker:Sorca Clarke OR speaker:Christopher O'Sullivan OR speaker:James Browne)

Public Accounts Committee: Financial Statements 2023: Land Development Agency (10 Oct 2024)

Brian Stanley: In that situation, a lender might be looking at it that the State would step in.

Public Accounts Committee: Financial Statements 2023: Land Development Agency (10 Oct 2024)

Brian Stanley: Regarding rentals, management companies will become more expensive in years to come. The wages they pay staff and their operating costs will go up. The rates on financing the capital may change. Corporation tax will kick in. I am trying to get my head around the likely increases in the rent relating to the cost-rental model. What sums has the LDA done in terms of annual increases in this...

Public Accounts Committee: Financial Statements 2023: Land Development Agency (10 Oct 2024)

Brian Stanley: What kind of percentage annual increase is Mr. Coleman talking about?

Public Accounts Committee: Financial Statements 2023: Land Development Agency (10 Oct 2024)

Brian Stanley: Mr. McGuane said the LDA is reviewing matters. Could it go beyond the 2%?

Public Accounts Committee: Financial Statements 2023: Land Development Agency (10 Oct 2024)

Brian Stanley: Is the LDA satisfied enough that it will be able to keep it under 2%?

Public Accounts Committee: Financial Statements 2023: Land Development Agency (10 Oct 2024)

Brian Stanley: I understand that. Legislation can change. Governments can change. I am trying to factor that in. Politics follows the money; that is the way it works. Needs must. At this stage, does it look like it is viable to retain the rate at something between 1% and 2% into the future?

Public Accounts Committee: Financial Statements 2023: Land Development Agency (10 Oct 2024)

Brian Stanley: I was just trying to get a figure for attendance. I will go back to the management fee issue. Did the LDA design the framework agreement or did it have assistance with that from management companies? Where did the LDA get that model from?

Public Accounts Committee: Financial Statements 2023: Land Development Agency (10 Oct 2024)

Brian Stanley: How much of the management fees does that the sinking fund for block A account for? Obviously, things change as a building gets older and repairs, refurbishment and all the rest are required. My understanding is that they are high quality. What percentage would be factored in for the sinking or depreciation fund?

Public Accounts Committee: Financial Statements 2023: Land Development Agency (10 Oct 2024)

Brian Stanley: What percentage of the fees is it? Say it is factored into the management fee, normally the management fee-----

Public Accounts Committee: Financial Statements 2023: Land Development Agency (10 Oct 2024)

Brian Stanley: It is not collected by the management company.

Public Accounts Committee: Financial Statements 2023: Land Development Agency (10 Oct 2024)

Brian Stanley: How much would go into each apartment every year in Citywest for the sinking fund?

Public Accounts Committee: Financial Statements 2023: Land Development Agency (10 Oct 2024)

Brian Stanley: I knew Mr. McGuane was going to tell me that. I am curious about it because, obviously, we know from other models of housing - and this has been discussed by this committee - that sometimes when things are being designed, 30 years out a problem can be found. One of them is going to be the unencumbered - it has arrived at our door - properties that came through the AHBs. When they are out...

Public Accounts Committee: Financial Statements 2023: Land Development Agency (10 Oct 2024)

Brian Stanley: Generally, when talking about solid structures, the life cycle is usually 100 years, but the maintenance plan models for 50 years. In the context of instances where the LDA can upgrade, I understand that it has to be settlements with a population in excess of 30,000. The LDA does not go into small or medium-sized towns.

Public Accounts Committee: Financial Statements 2023: Land Development Agency (10 Oct 2024)

Brian Stanley: If it is defined as 10,000 or more, the LDA could come into Portlaoise.

Public Accounts Committee: Financial Statements 2023: Land Development Agency (10 Oct 2024)

Brian Stanley: Portlaoise's population is nearly 30,000. It was almost 26,000 in the recent census.

Public Accounts Committee: Financial Statements 2023: Land Development Agency (10 Oct 2024)

Brian Stanley: One of the things with the census is that sometimes the entirety of a town is not taken into account because it is based on old boundaries. It certainly does not capture all the new greenfield developments and that can be an issue. It is tied to that. I understand it may be challenging to provide cost rentals because market rents are generally lower, but the level of rent being charged in...

Public Accounts Committee: Financial Statements 2023: Land Development Agency (10 Oct 2024)

Brian Stanley: What about Sligo?

Public Accounts Committee: Financial Statements 2023: Land Development Agency (10 Oct 2024)

Brian Stanley: I have been trying to prompt Mr. Coleman about Portlaoise. Has the LDA looked at it? Yes or no?

Public Accounts Committee: Financial Statements 2023: Land Development Agency (10 Oct 2024)

Brian Stanley: What are the five regional towns?

Public Accounts Committee: Financial Statements 2023: Land Development Agency (10 Oct 2024)

Brian Stanley: I read that in the LDA's briefing document.

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