Seán Sherlock
Ceist:262. Deputy Sean Sherlock asked the Minister for Culture, Heritage and the Gaeltacht the conditions that have been placed on further funding to Cork City Council for a centre (details supplied). [4813/19]
Amharc ar fhreagraThursday, 31 January 2019
Ceisteanna (262, 263)
Michael McGrath
Ceist:263. Deputy Michael McGrath asked the Minister for Culture, Heritage and the Gaeltacht further to Parliamentary Question No. 668 of 13 November 2018, the position regarding the extra public funding for the project; if the extra €10 million is a grant or loan; if it is a loan, the terms and conditions attached; and if she will make a statement on the matter. [4901/19]
Amharc ar fhreagraFreagraí scríofa
I propose to take Questions Nos. 262 and 263 together.
Officials in my Department wrote to the project promoters, Cork City Council, on the 21 December 2018 on the provision of additional public funding for the development of the Cork Event Centre project. Following detailed consideration and in light of the additional works which are now required for the Centre, public procurement rules and legal advice indicate that total public funding for the project could be increased by up to €10 million to €30 million comprised of grant aid of €21 million and a repayable loan of €9 million. Discussions are ongoing with Cork City Council as to how this funding could be allocated.
Capital grants of this type from my Department are managed and paid under a Service Level Agreement which sets out the terms and conditions to be met by the project promoter, in this case Cork City Council.