Vol. 396 No. 6
177 Mr. Nealon asked the Minister for the Environment the areas in Sligo Borough designated for special tax concessions with a view to promoting urban renewal; when the designated period expires; the developments which have taken place under particular concessions; and if he will make a statement on the matter.
The areas of Sligo Borough which are designated for urban renewal are defined in the Urban Renewal Act, 1986 (Designated Areas) Order, 1988 (S.I. No. 92 of 1988). Under the Finance Act, 1987 (Designation of Urban Renewal Areas) Order, 1988 (S.I. No. 124 of 1988), the urban renewal tax incentives have effect until 31 May, 1991. However, the Minister for Finance, in the Budget Statement, indicated his intention to extend this deadline until 31 May, 1993. To date, 18 projects with an estimated value of £2.36 million have been completed or are in progress in the Sligo designated area. Information regarding specific projects is available from Sligo Corporation.
178 Mr. S. Barrett asked the Minister for the Environment if, in view of the extreme incidents of vandalism and intimidation being experienced over the past several years by a company (details supplied) in Dublin 1 and the failure of Garda action and surveillance to solve the problem, he will agree to make this a designated area.
I have had requests from many urban local authorities and interested persons for an extension of urban renewal designation to their area, and all such requests are carefully considered. Given the special nature of the urban renewal incentives, comment on particular cases has to be at the discretion of the Minister for the Environment and is normally reserved.
