Results 541-560 of 1,111,569 for in 'Dáil debates' OR in 'Committee meetings' (speaker:Tom Kitt OR speaker:Peadar Tóibín OR speaker:Jennifer Whitmore OR speaker:John Brady OR speaker:Simon Coveney OR speaker:Brian Stanley OR speaker:Catherine Murphy OR speaker:Norma Foley OR speaker:Ossian Smyth OR speaker:Imelda Munster OR speaker:Michael Ring OR speaker:James O'Connor OR speaker:David Stanton OR speaker:Réada Cronin OR speaker:Mary Lou McDonald OR speaker:Matt Carthy OR speaker:Ivana Bacik OR speaker:Darragh O'Brien OR speaker:Mairead Farrell OR speaker:Cian O'Callaghan OR speaker:Charlie McConalogue OR speaker:Cathal Berry OR speaker:Chris Andrews OR speaker:Alan Farrell OR speaker:Michael Collins OR speaker:Pippa Hackett)
- Public Accounts Committee: Financial Statements 2023: Land Development Agency (10 Oct 2024)
Mairead Farrell: Yes, I know that.
- Public Accounts Committee: Financial Statements 2023: Land Development Agency (10 Oct 2024)
Mairead Farrell: No, I think I understand the scheme. I just meant if I moved into the LDA's affordable two-bed in Shanganagh - though obviously, I would never leave Galway so I do not know why I would do that - and I wanted to own it outright, I would pay the €478,000. Is that right?
- Public Accounts Committee: Financial Statements 2023: Land Development Agency (10 Oct 2024)
Mairead Farrell: How much is it for the three-bed?
- Public Accounts Committee: Financial Statements 2023: Land Development Agency (10 Oct 2024)
Mairead Farrell: Will Mr. Coleman confirm that the open market value is more than the cost of delivery?
- Public Accounts Committee: Financial Statements 2023: Land Development Agency (10 Oct 2024)
Mairead Farrell: I thank Mr. Coleman. That very much leads me back into the earlier conversation which I do not want to return to. The main thing I noticed on note 14 in the financial statements is that the Land Development Agency reclassified the site which was identified as an investment property to being property, plant and equipment. I thought that that was quite intriguing because I had never seen...
- Public Accounts Committee: Financial Statements 2023: Land Development Agency (10 Oct 2024)
Mairead Farrell: What is the cost of delivery then for the two?
- Public Accounts Committee: Financial Statements 2023: Land Development Agency (10 Oct 2024)
Mairead Farrell: Which one does this relate to now?
- Public Accounts Committee: Financial Statements 2023: Land Development Agency (10 Oct 2024)
Mairead Farrell: Let us we are talking about the two- and three-beds, will Mr. Coleman relate it exactly to them because it would be easier?
- Public Accounts Committee: Financial Statements 2023: Land Development Agency (10 Oct 2024)
Mairead Farrell: So the cost of delivery of the €478,000 two-bed houses is €426,000
- Public Accounts Committee: Financial Statements 2023: Land Development Agency (10 Oct 2024)
Mairead Farrell: What is the distinction?
- Public Accounts Committee: Financial Statements 2023: Land Development Agency (10 Oct 2024)
Mairead Farrell: If I was buying it outright, I would be paying more than the cost of delivery.
- Public Accounts Committee: Financial Statements 2023: Land Development Agency (10 Oct 2024)
Mairead Farrell: That has come from the Government side rather than from the LDA's own side. Is that correct?
- Public Accounts Committee: Financial Statements 2023: Land Development Agency (10 Oct 2024)
Mairead Farrell: I thank Mr. Coleman. I just wanted to get that. Go raibh míle maith agaibh.
- 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-----