Dáil Éireann Debate, Tuesday - 15 June 2021
803. Deputy Paul Murphy asked the Minister for Education if her Department has conducted a valuation for the land at Harold’s Cross bought by her Department from the Irish Greyhound Board; the value of the land at present; the value of the land when it was bought from the Board; and if more was paid for the land than its worth at the time of purchase. [31673/21]
View answerYes, the Valuations Office carried out the valuation of the Harolds Cross site in April 2017.
The formal offer made by the Department to the Irish Greyholund Board was in line with the binding valuation provided by the Valuations Office.
The protocols provided for under Circular 11/15 (Protocols for the Transfer and Sharing of State Property Assets) form part of the Government’s programme of reforms in relation to the management of the State’s property portfolio and require the Valuation Office to provide a binding estimate of value.
In March 2018, following the conveyancing process, the Valuations Office confirmed to the Department and the IGB that their opinion of value as at April 2017 remained unchanged.
No valuation has taken place since the acquisition was confirmed.
