Dún Laoghaire Port liabilities
Deputy Brendan Howlin warns that transferring Dún Laoghaire Port to the county council could leave it with major liabilities that may threaten local schemes. The Minister of State says the transfer has not yet been signed, argues not all liabilities will fall directly on the council, and says the final details should be pursued with the Transport Minister.
Under the Harbours Act, the Minister for Transport, Tourism and Sport is planning to saddle Dún Laoghaire-Rathdown County Council with liabilities of €33.5 million. As the sole shareholder, the Minister is signing Dún Laoghaire Port over to the council, which is good in and of itself, but the sting in the tail is that he is adding to the council the liabilities of the port that are estimated at €33 million. There is real concern that this level of liabilities will jeopardise a number of schemes which are under way in the council, including in the Cherrywood strategic development zone in which thousands of homes are expected to be built. Will the Taoiseach confirm when the decision is to be made and will the Government ensure this level of liabilities will not accrue to the council? It would cause such an unimaginable demand and impact on its capital programme.
Comment on this
The Minister for Transport, Tourism and Sport, Deputy Shane Ross, has not yet signed any document.
Comment on this
I understand it will happen tomorrow.
Comment on this
On the outstanding liabilities of the port company, if I understand the statutory instruments correctly, the parent Department - the Department of Transport, Tourism and Sport - will still have some responsibility for them.
Comment on this
It means that all of the figure of €30 million quoted by the Deputy will not directly fall on Dún Laoghaire-Rathdown County Council.
Comment on this
That question will have to be directed at the Minister for Transport, Tourism and Sport, who is-----
Comment on this
He is not present in the Chamber.
Comment on this
It is incorrect to say that Dún Laoghaire-Rathdown County Council will be landed with a debt of €30 million. There are several assets in the company as well which have the potential to and do generate funds. I will ask the Minister to reply directly to the leader of the Labour Party on the final details.