asked the Minister for Transport and Power if he will state (for convenience in one single record) particulars of loans guaranteed since 1952 under the Tourist Traffic Act, 1952, in the form provided by section 24 of that Act, the total amount so guaranteed in each financial year, and the grand total thereof; and if he will designate each case in which there was a moratorium of or subsidy paid against interest accruing, the amount so paid in each case, and the yearly and grand totals thereof.
Ceisteanna—Questions. Oral Answers. - Tourist Traffic Act: Guaranteed Loans.
35.
The particulars about guaranteed loans requested in the first part of the Question are set out in a tabular statement which, with the permission of the Ceann Comhairle, I propose to have circulated with the Official Report.
As regards the second part of the Question, there is no provision for a moratorium of interest on guaranteed loans but there is provision for the payment by Bord Fáilte Éireann of grants towards the payment of interest on such loans. These grants are paid by the Board from funds provided to them for the discharge of their functions under the Tourist Traffic Acts and details of the amounts paid in respect of each loan are not available in my Department. Particulars of the total expenditure on interest grants on guaranteed loans in each year have been included in the annual accounts of Bord Fáilte and are repeated in the statement I have mentioned.
Following is the statement:
PARTICULARS OF LOANS GUARANTEED UNDER THE TOURIST TRAFFIC ACT, 1952.
Statement in accordance with Section 24 (1) of the Act.
|
Year |
Name |
Amount of loan guaranteed |
Whether Principal or Interest or both guaranteed |
Purpose of Loan |
Rate of Interest |
Period of repayment |
|
1952/53 |
— |
Nil |
— |
— |
— |
— |
|
1953/54 |
Mrs. Gladys Phyllis Allison, Riverbank Hotel, Inishannon, County Cork. |
£1,500 |
Both |
The provision of additional bedroom accommodation, the installation of electricity; the provision of furniture and linen for additional bedrooms and payment of fees of Architect, Solicitors, etc. |
3½% |
10 years |
|
,, |
Mrs. Elizabeth McGarry and Mr. John McGarry, Bayview Hotel, Courtown, Gorey, County Wexford. |
£520 |
Both |
Diningroom extension, new hall-door and porch furniture, etc. |
3% |
5 years |
|
,, |
Westenra Limited, Westenra Arms Hotel, Monaghan. |
£1,000 |
Both |
Modernising and improving holiday accommodation. |
3% |
10 years |
|
,, |
Bernard McGuirk, Hotel Rio, Salthill, Galway. |
£12,000 |
Both |
Extension, furnishing and decoration of sixteen additional bedrooms. |
3% |
15 years |
|
,, |
John Francis McLoughlin, Malin, County Donegal. |
£1,500 |
Both |
Additions to existing premises to provide increased accommodation. |
3% |
15 years |
|
1954/55 |
Mr. John Daly, The Hotel, Glencar, County Kerry. |
£3,000 |
Both |
Extending and improving the hotel. |
3% |
15 years |
|
,, |
Mr. Timothy and Mrs. Bridget Murphy, BelAir Hotel, Ashford, County Wicklow. |
£1,800 |
Both |
Extending, modernising and improving the hotel. |
2½% |
9 years |
|
,, |
Mr. John J. and Mrs. Mary C. McMonagle, Achill Head Hotel, Keel, Achill, County Mayo. |
£10,522 |
Both |
Extending and renovating the hotel, furnishing proposed new wings and re-furnishing part of existing accommodation. |
2½% |
15 years |
|
,, |
Mr. John McCarthy, Glenview Hotel, Glen-o'-the Downs, Delgany, County Wicklow. |
£7,000 |
Both |
Structural alterations, increased bedroom accommodation and dining facilities. |
2½% |
10 years |
|
,, |
Mr. Michael Freeley and Mrs. Cora Freeley, Central Hotel, Bally-Haunis, County Mayo. |
£5,000 |
Both |
Extending, modernising and improving the hotel |
2½% |
15 years |
|
,, |
The Arklow Development Company Limited, 5, Ferrybank, Arklow, County Wicklow. |
£30,000 |
Both |
The provision of amenities and services at the North Beach, Arklow |
2½% |
20 years |
|
1955/56 |
Mr. Matthew J. Cullen, Colamore Lodge Hotel, Dalkey, County Dublin. |
£4,600 |
Both |
Modernising, equipping and furnishing Colamore Lodge, Dalkey, as a good-class seaside hotel. |
2½% |
15 years |
|
,, |
Central Hotel (Mallow) Limited, Mallow, County Cork. |
£7,800 |
Both |
Extending and modernising the hotel, including the provision of eleven additional bedrooms. |
2½% |
15 years |
|
,, |
Mr. James and Mrs. Agnes Dunleavy, Sacre Coeur Guest House, Lenaboy Gardens, Salthill, County Galway. |
£1,000 |
Both |
Completing an extension to the Guest House, viz: plastering, painting and construction of presses; the provision of furniture, carpets, linoleum, etc. |
2½% |
10 years |
|
Grand Hotel (Malahide) Limited, Malahide, County Dublin. |
£11,750 |
Both |
Carrying out improvements to and modernisation of the Grand Hotel, Malahide, County Dublin. |
2½% |
15 years |
|
|
,, |
Mr. Patrick and Mrs. Catherine McTigue, Sancta Maria Hotel, St. Mary's Road, Galway. |
£13,500 |
Both |
Adding twenty bedrooms and four bathrooms to existing premises and furnishing them; erecting and furnishing front sunporch; installing central heating; installing lift. |
2½% |
15 years |
|
,, |
Mrs. Beatrice Heffernan and Miss Delia Heffernan, Timree Guest House, Salthill, County Galway. |
£7,500 |
Both |
The extension of premises by the provision of eight additional bedrooms and one bathroom, furnishing and decorating; the provision of a kitchen and a dining-room; and the erection of a new staircase (in part) with a view to converting the existing Timree Guest House into a hotel. |
2½% |
15 years |
|
1956/57 |
Nicholas Anthony Kelly and Michael Joseph Kelly, Devonshire Arms Hotel, Dungarvan, Co. Waterford. |
£1,885 |
Both |
Reconstruction, extension and modernisation of the Hotel. |
3¼% |
10 years |
|
,, |
Margaret Kennedy and John Kennedy, Galtee Hotel, Cahir, County Tipperary. |
£12,000 |
Both |
Provision of new entrance and lounge hall, new diningroom, new lounge bar, new kitchen and stores, new residents' lounge and six additional bedrooms. Provision of new furniture and equipment for bedrooms, kitchen and bar. |
3¼% |
15 years |
|
,, |
Mrs. Mary Shaffrey, Shaffrey's Hotel, Main Street, Bailieboro, County Cavan. |
£1,500 |
Both |
Re-plastering the front of the building, the remodelling of the bar and provision of new front to same, and effecting certain internal alterations and improvements to entrance hall, etc., including the provision of two extra bedrooms. |
3¼% |
15 years |
|
,, |
Hayes's Hotel Limited, Thurles, County Tipperary. |
£10,000 |
Both |
The erection of eight additional bedrooms, a reception room, three bathrooms and lavatories. Equipping and furnishing same and erecting a garage to hold thirty cars. |
3¼% |
15 years |
|
1956/57 |
Denis Peter and Elizabeth Mary Murnane, Eldon Hotel, Skibbereen, County Cork. |
£7,000 |
Both |
Improvements to the premises and the provision of additional publicrooms, including lounge bar, diningroom, all-purpose room and residents' lounge. |
3¼% |
15 years |
|
,, |
Annie Josephine Bolger, Bolger's Hotel, Tullamore, County Offaly. |
£5,500 |
Both |
Extending and improving premises. |
3¼% |
15 years |
|
,, |
Grand Hotel (Sligo) Limited, Teeling Street, Sligo. |
£12,000 |
Both |
Extension and general reconstruction of the Hotel, including the provision of thirteen additional bedrooms. |
2½% |
10 years |
|
,, |
Port-na-Blagh Hotel Limited, Port-na-Blagh, County Donegal. |
£11,000 |
Both |
Extending and improving the Hotel premises by providing new entrance hall, reception and staircase; providing a sun lounge; doubling the size of the present lounge and public bar; providing an all-purpose room to accommodate 90 persons; providing improved kitchen and storage facilities; providing 15 additional bedrooms, toilets and private sittingroom. |
3¼% |
15 years |
|
1957/58 |
Miss Catherine Geraghty, Banba Hotel, Salthill, County Galway. |
£6,000 |
Both |
Improving the front of the Hotel; providing an all-purpose room and nine new bedrooms. |
3¼% |
15 years |
|
,, |
The Hibernian Hotel (Mallow) Ltd., Bank Place, Mallow, County Cork. |
£3,600 |
Both |
The building and equipping of a laundry, an all-purpose room, toilets, bathrooms and four additional bedrooms. |
3¼% |
15 years |
|
,, |
John Hyland and Brede Hyland, Central Hotel, Donegal. |
£7,500 |
Both |
The provision of six additional bedrooms; the carrying out of structural alterations to diningroom, kitchen, bar, all-purpose room, reception room, lounge, toilets, and the provision of furniture, fittings and equipment. |
3¼% |
15 years |
|
,, |
Kelly's Hibernian Hotel, Limited, 65 Main Street, Portlaoise, County Laois. |
£7,500 |
Both |
Reconstruction of the premises to provide larger diningroom, improved kitchen (transferred from basement to ground floor), new snack bar, new lounge and furnishings. |
4¼% |
15 years |
|
James Duggan and Eileen Duggan, Churchfield House, Knock, Claremorris, County Mayo. |
£9,000 |
Both |
Extending and converting the existing premises into a hotel of thirteen bedrooms, with dining room, lounge, lounge bar, public bar, toilet accommodation and p1958/59 |
3½% |
15 years |
|
|
Breen's (The Bridge) Limited, The Bridge Hotel, Waterford. |
£14,000 |
Both |
The provision of a new entrance hall, reception, residents' lounge, toilets, altered staircase, extended dining room; seven additional single bedrooms, including two bedroom /bathroom suites; new metal fire escape from second floor to ground floor. |
3½% |
14 years |
|
|
1958/59 |
Breen's (The Bridge) Limited, The Bridge Hotel, Waterford. |
£14,000 |
Both |
The provision of a new entrance hall, reception, residents' lounge, toilets, altered stair-case, extended diningroom; seven additional single bedrooms, including two bedroom /bathroom suites; new metal fire escape from second floor to ground floor. |
3½% |
14 years |
|
,, |
Mr. Patrick Bresnan, Hollybrook Hotel, Clontarf, Dublin. |
£9,500 |
Both |
New extension to provide entrance hall and staircase, all-purpose room, kitchen, staff diningroom, cellars, store; alterations to existing building, including residents' diningroom, kitchen alterations, entrance lounge and reception; 11 double bedrooms, 2 bathrooms, 2 toilets, and ladies' and gents' toilets for all-purpose room. |
3% |
15 years |
|
,, |
Mr. Matthew J. Donnelly, The Anchor Hotel, Parnell Square, Dublin. |
£8,000 |
Both |
Provision of lounge bar; ladies' and gents' toilets; lounge hall and reception; residents' lounge; diningroom; new kitchen and servery; meeting room; 9 bedrooms; 8 bathrooms; 3 toilets. |
3% |
15 years |
|
,, |
The Manhattan Hotel Co. Limited, Manhattan Hotel, Tralee, County Kerry. |
£14,000 |
Both |
Extending the premises to provide all-purpose room, servery, kitchen, staff toilets, stores, etc.; 12 guest bedrooms, 2 private baths; 2 toilets, bathroom, linen store; furnishing. |
3% |
15 years |
|
Mrs. Mary Collins, Hanratty's Hotel, Glentworth Street, Limerick. |
£6,500 |
Both |
Modernising and improving the premises to provide a hotel of 10 bedrooms/11 beds, 3 private bathrooms, lounge hall, kitchen and diningroom, 3 bathrooms, linen store, public to" |
3% |
15 years |
|
|
,, |
Annally Hotel Limited, Longford. |
£4,500 |
Both |
Constructing an all-purpose room, ladies' and gents' toilets, laundry and store rooms and conversion of central heating equipment. |
3% |
15 years |
|
,, |
Annally Hotel Limited, Longford. |
£4,500 |
Both |
Constructing an all-purpose room, ladies' and gents' toilets, laundry and store rooms and conversion of central heating equipment. |
3% |
15 years |
|
1959/60 |
Mrs. Irene Quinn, Ballymacscanlon Hotel, Dundalk, County Louth. |
£17,000 |
Both |
Addition of nineteen bedrooms, six bedroom bathroom units, four bathrooms, four toilets, laundry, boiler house and staff accommodation. |
3% |
15 years |
|
,, |
Mr. Cornelius J. Foley, Corrigan's Hotel, MacCurtain Street, Cork. |
£1,900 |
Both |
Provision of two new bedrooms, the conversion of an existing bedroom into two separate bedrooms and the carrying out of sundry structural improvements, furnishings, etc. |
3% |
15 years |
|
,, |
Mrs. Mary Craddock, Knockrea Guest House, Lower Salthill, Galway. |
£5,000 |
Both |
Extension to existing diningroom to accommodate approximately 12 additional persons; new kitchen; office and store; staff toilet; staff bedroom; extension to existing lounge accommodation; 2 double bedrooms; 2 single bedrooms; bathroom and toilet linen press. |
3% |
15 years |
|
,, |
Mrs. Annie Hughes and Mr. James G. Thomas, National Hotel, Donegal |
£2,818 |
Both |
Building new extensions and alterations to the existing premises to provide new entrance hall, reception area, vestibule and new staircase, lounge bar and gents' toilet, extension to dining room, linking of the two premises to provide a compact hotel of 13 registrable bedrooms (as compared to the existing 11 registered rooms). |
3% |
15 years |
|
The Central Hotel, (Mallow), Ltd., Central Hotel, Mallow, County Cork. |
£8,000 |
Both |
Extension of second floor to provide one double and 5 single bedrooms, bathroom and toilet; conversion of 6 existing staff bedrooms into 5 double bedrooms for guests and one tond reception areas; furnishing. |
3% |
15 years |
|
|
,, |
Mr. & Mrs. Anthony St. Clair Naylon, Wicklow Hills House, Roundwood, County Wicklow. |
£4,360 |
Both |
Re-construction and improvement of Wicklow Hills House and premises for use as a hotel and to comprise a minimum of 11 guest bedrooms, 3 staff bedrooms, a bar, lounges, kitchen, bathrooms and toilets, dining room, linen room and the equipment and conveniences necessary thereto in accordance with plans and particulars submitted to the Board by the Borrowers. |
3% |
15 years |
|
,, |
I.M. Byrne (Hotels) Limited, Shandon Works, Phibsboro' Dublin. |
£10,000 |
Both |
Ground Floor: Entrance lobby, office and reception enclosure; lounge bar with separate entrance and toilet accommodation; |
3% |
15 years |
|
(Downshire House Hotel, Blessington, County Wicklow). |
entrance lounge; lounge hall including new staircase; dining room, balcony to function room; ladies' and gents' toilets and cloak-rooms; residents' lounge; drying room; billiardroom; kitchen, including serveries, stores, staff dining room etc. Manager's bed-sittingroom, complete with bathroom; staff bedroom; staff bathroom and 2 staff toilets. |
|||||
|
Lower Ground Floor: Function Room; coffee bar, chair store; office; passage connecting residents' lounge and yard. |
||||||
|
First Floor: 5 double bedrooms, 2 toilets; 1 staff bedroom; furnishing; fittings, equipping central heating. |
||||||
|
Cruises Hotel Limited, Clare Street, Dublin. |
£20,000 |
Both |
Provision of 12 bedrooms with showers and toilets; water tank and supplies on top of building; new ladies' and gents' toilets, new basement store under toilets; furnishing; central heating. |
3% |
15 years |
|
|
1960/61 |
Denis Gilmartin and Michael Gilmartin, 60 Kenyon Street, Nenagh, County Tipperary. |
£8,372 |
Both |
The conversion and extension of the existing buildings to provide the following accommodation:— |
3% |
15 years |
|
Ground Floor: Entrance hall and reception; lounge bar and bar store, lounge hall; commercialroom; male and female toilets and cloakrooms; dining room; all-purpose room; kitchen; servery, stores, etc. |
||||||
|
First Floor: Residents' lounge; No. 4 single bedrooms without bath; No. 2 double bedrooms without bath; No. 2 W.C. compartments; No. 1 bathroom. |
||||||
|
Second Floor: No. 4 single bedrooms without bath; No. 1 double bedroom without bath; No. 2 bathrooms with W.C., No. 1 linen press and store. Furnishing and equipping. |
||||||
|
,, |
Field Enterprises Limited, 11 Wellington Quay, Dublin. (Shannon Shamrock Inn, Bunratty, County Clare). |
£42,000 |
Both |
Construction, furnishing and equipping a new motor hotel comprising:— Dining, lounge and lounge bar areas; reception enclosure and bar service; kitchen and an cillary accommodation; toilets; 36 double bedrooms (each with private bathroom); swimming pool; drive-ways; car park; enclosed yard to kitchen. |
3¾% |
15 years |
|
Lough Ree Hotels, Limited, Hodson Bay Hotel, Athlone, County Westmeath. |
£9,000 |
Both |
Provision of 5 additional double bedrooms (2 with private bathroom); one bathroom, one toilet; new dining-room; extension of kitchen (including coldroom); installation of central heating throughout existing premises and new extensions; alterations to bar and lounge; new porch, entrance lounge and reception area; additional ladies' and gents' toilet accommodation; furnishings; fire escape. |
3¼% |
15 years |
|
|
,, |
Loc Garmain Enterprises Limited, Theatre Royal, Wexford. |
£3,500 |
Both |
Provision of new stage, with workshop and scenery hanging facilities; renovation of dressingrooms; repair and renovation of balcony and provision of better escape exits; Decoration of Interior of Theatre, of entrance foyer, lavatories, etc. Improvement of acoustics and lighting in theatre. Installation of new seating throughout the theatre. |
3¼% |
15 years |
|
1961/62 |
W.D.I (Ireland) Limited, Castlerosse Drive Inn, Killarney, County Kerry. |
£40,000 |
Both |
Construction, furnishing and equipping of motel to provide the following:— |
3¼% |
15 years |
|
Ground Floor: 28 bedroom bathroom units, Dining area, Kitchen and ancillary accommodation, Entrance Hall, Office, Porter's Enclosure, Men and Women's toilets, Sittingroom, 4 staff bedrooms, Boiler House, Switch Room, Oil Storage, etc., Car sheds |
||||||
|
First Floor: Snack Bar, 2 Managers' flats, 2 bedroom bathroom units. Site development to provide paving, terracing, swimming pool, water tower, septic tank, etc. |
||||||
|
Mr. Michael McCabe, “Riverbank”, Mountnugent, County Cavan. |
£5,400 |
Both |
Extension of existing premises to provide a guest house to accommodate eighteen persons, with diningroom, lounge bar, sittingroom, etc. |
3% |
15 years |
|
|
,, |
Waterford Properties Limited, Tower Hotel, Waterford. |
£81,500 |
Both |
Demolition of the old “Imperial Hotel, Waterford” premises and the re-building of a new Grade A hotel containing, inter alia, thirty double bedrooms with private bathrooms, one double bedroom, twelve single bedrooms with private bathrooms, and fifteen single bedrooms. |
3¼% |
15 years] |
|
,, |
Mr. and Mrs. Dermot Walsh, Carrigart Hotel, Carrigart, County Donegal. |
£10,000 |
Both |
Additions to existing premises to provide the following:— |
3¼% |
15 years |
|
Ground Floor: New entrance, entrance lounge, reception area, gents' toilet, cloakroom, servery and diningroom; replanned stairs and kitchen. |
||||||
|
First Floor: Two double bedrooms with private bathrooms, one double bedroom, four single bedrooms, connecting corridor to new bedroom extension, fire escape, furnishing; new bathroom, W.C compartment, ladies' toilet and linen room. |
||||||
|
,, |
Mr. John McCarthy, Glenview Hotel, Glen-o'-the Downs, Delgany, County Wicklow. |
£23,000 |
Both |
Structural atlerations, increased bedroom accommodation and dining facilities at existing premises. |
4% |
15 years |
|
,, |
Shannon Craft-Hire (1960) Ltd., 91-92 Grafton Street, Dublin |
£20,000 |
Both |
Provision of three 2-berth cruisers, fourteen 4-berth cruisers, equipment and fittings for same. |
4¼% |
20 years |
|
Kinsale Boats Limited, Kinsale, County Cork |
£22,600 |
Both |
Provision of two shark-fishing boats; four 18' boats; six 13' boats; new tackle for hire; renovations of two existing boats; provision of tackle shop, changing rooms, toilets, drying room, restaurant, K1962/63 (to date) |
4¼% |
20 years |
|
|
1962/63 (to date) |
— |
Nil |
— |
— |
— |
— |
TOTALS FOR EACH FINANCIAL YEAR AND GRAND TOTAL.
|
Year |
Total |
|
1952-53 |
Nil |
|
1953-54 |
£16,520 |
|
1954-55 |
£57,322 |
|
1955-56 |
£46,150 |
|
1956-57 |
£60,885 |
|
1957-58 |
£33,600 |
|
1958-59 |
£56,500 |
|
1959-60 |
£69,078 |
|
1960-61 |
£62,872 |
|
1961-62 |
£202,500 |
|
1962-63 (to date) |
Nil |
|
GRAND TOTAL |
£605,427 |
ACCOUNT IN ACCORDANCE WITH SECTION 24 (2) OF THE ACT.
Total of sums advanced to date out of the Central Fund for the fulfilment of guarantees—Nil.
EXPENDITURE BY BORD FÁILTE ON INTEREST GRANTS ON GUARANTEED LOANS.
|
Year |
Total |
|
1953-54 |
Nil |
|
1954-55 |
£790 |
|
1955-56 |
£2,358 |
|
1956-57 |
£3,246 |
|
1957-58 |
£6,144 |
|
1958-59 |
£3,809 |
|
1959-60 |
£7,486 |
|
1960-61 |
£6,119 |