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Results 461-480 of 1,107,869 for in 'Dáil debates' OR (speaker:Catherine Byrne OR speaker:Josepha Madigan OR speaker:Bernard Durkan OR speaker:Jennifer Carroll MacNeill OR speaker:Peter Burke OR speaker:Darragh O'Brien OR speaker:Patrick Costello OR speaker:Catherine Murphy OR speaker:Catherine Byrne2 OR speaker:Brian Stanley OR speaker:John Brady OR speaker:Simon Harris OR speaker:Darren O'Rourke OR speaker:Aengus Ó Snodaigh OR speaker:David Stanton OR speaker:Bernard Durkan9 OR speaker:Catherine Byrne0 OR speaker:Aengus Ó Snodaigh30 OR speaker:Chris Andrews OR speaker:Mick Barry OR speaker:Ossian Smyth OR speaker:Helen McEntee) in 'Committee meetings'

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

Brian Stanley: I propose to suspend the meeting for ten minutes and we will resume in public session.

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

Brian Stanley: I call Deputy Farrell, who has ten minutes.

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

Brian Stanley: Who will take that question, will it be Mr. O'Neill?

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

Brian Stanley: Mr. Coleman mentioned the tenants and how they are generally happy. The security of tenure is a big factor. I know from dealing constituents in the private market, they are on the edge of their seats the whole time as to when a lease will run out, when will the landlord decide he wants the home from one of his or her family, or when will the landlord decide to sell because houses are at...

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

Brian Stanley: How many has the agency?

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

Brian Stanley: There are six. With the framework, presumably the LDA has a system where it works out it is so much per unit, this is a service that is provided and within that framework it would have been procured. Is that correct?

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

Brian Stanley: Regarding how does the cost the LDA is paying under the framework agreement compare with the cost charged by management companies in the open market?

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

Brian Stanley: If someone's rent is €1,000 per week, the management fee would be 15% of that.

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

Brian Stanley: So €150 per week would be going towards the management company.

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

Brian Stanley: The LDA is not paying corporation tax at the moment because the pipeline has not reached the point where it has matured enough-----

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

Brian Stanley: At 25%.

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

Brian Stanley: I understand. How much interest is the LDA paying on the CEF funding?

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

Brian Stanley: The LDA is not paying any interest.

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

Brian Stanley: Is it paying any interest on any of the money it has at the moment?

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

Brian Stanley: Mr. Coleman mentioned about having a gap to fill of €1.25 billion that the LDA needs to borrow.

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

Brian Stanley: What are the current rates with the EIB? At one stage it was flat but what are they at the moment? What would the LDA be hoping to get?

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

Brian Stanley: Mr. Coleman has some idea of what the agency will be charged out there. What is it at the moment?

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

Brian Stanley: How much would Mr. Coleman be talking about? He said it would not make sense to borrow at the moment------

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

Brian Stanley: He is right to have a figure. What is the figure in his head?

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