CONCERNS OVER LOCAL AUTHORITY ESTATE IN KNOCKNACARRA

Date Published: 13-Nov-2007

City Councillors last night argued that the price of a site where there are plans for a new social and affordable housing estate is too high.Councillors voted to get a loan of 10 and a half million from the Housing Finance Agency to buy lands on the Ballymoneen Road in Knocknacara.Councillors voiced concerns that as land prices were coming down they feel 1.3 million an acre is too expensive in the current economic climate.Councillor Padraig Conneely says the land is NOT good value for money and the council should stall the purchaseAt the meeting Councillors passed an unanimous motion not to develop the site until proper social, lighting and transport infrastructure around the site