Limerick Council Finances Sound…

cllr-pat-kennedy

Cllr. Patrick Kennedy

RUMOUR that the government is to cut funding to local authorities by 10%, was raised by city manager Tom Mackey at a recent meeting, where it emerged that while the city coffers were in good nick, developers were finding it difficult to source loans. Responding to a query from Cllr Pat Kennedy, Mr Mackey warned that if government plans are accurate, it will result in services being cut.

“However, the financial position of this council is sound. We have in excess of €300m from the government, received over a period and given this, we have a role to play to see that the regeneration projects are not delayed – this is an area of commitment”.

Mr Mackey’s comments came as councillors called for a special meeting to update them on future plans to stimulate the local economy, as well as plans for the Opera Centre, vacant sites in the city centre and the likelihood of water charges being introduced

Declaring himself “disappointed” by recent remarks of Limerick Chamber chief executive, Maria Kelly, “castigating us here in City Hall because she is hitting her head off a wall,” Cllr Joe Leddin commented: “We here are very much an open door for everyone”…

http://limerickpost.ie/index.php/navigation-mainmenu-30/local-news/2465-citys-finances-sound-but-developers-without-money.html

But No Funds To Complete Opera Centre

Limerick City Council seeks judgment over non-payment of rates at vast Opera Centre site http://bit.ly/cB1Dpm

By limerick_leader at 11/01/2010 9:16

City centre should start from scratch says owner of latest shop to

City centre should start from scratch says owner of latest shop to close its doors – LIMERICK is now a “blank canvas”, and the city planners can “start from scratch”, in a bid to rejuvenate the city centre.

Publish Date: 11/01/2010 8:49

http://www.limerickleader.ie/news/City-centre-should-start-from.6607426.jp

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