COMHAIRLE CONTAE ÁTHA CLIATH THEAS
SOUTH DUBLIN COUNTY COUNCIL

south dublin county council crest

MEETING OF SOUTH DUBLIN COUNTY COUNCIL

Monday, November 12, 2007

HEADED ITEM NO. 13

APPLICATION FOR FINANCIAL ASSISTANCE UNDER THE CAPITAL LOAN AND SUBSIDY SCHEME FROM THE NATIONAL ASSOCIATION OF BUILDING CO-OPERATIVES (NABCO) SOCIETY LTD.IN ACCORDANCE WITH SECTION 6 OF THE HOUSING (MISCELLANEOUS PROVISIONS) ACT 1992 FOR THE CONSTRUCTION OF 31 NO. DWELLINGS AND A COMMUNITY FACILITY AT KILCRONAN, CLONDALKIN.

REPORT:

An application has been received from the National Association of Building Co-operatives (NABCO) Society Ltd. for a loan in the sum of €6,439,382.00 for the construction of 31 no.dwellings and a community facility at Kilcronan, Clondalkin. The Association is an approved Voluntary Body under Section 5 of the Housing Act. 1988.

The Department of the Environment, Heritage & Local Government has approved funding of €6,439,382.00 in respect of the project.

Under Section 6 of the Housing (Miscellaneous Provisions) Act, 1992 the granting of assistance under the Capital Loan and Subsidy Scheme is a reserved function of the Council.

Accordingly, the following motion is required:

"That this Council recommends that the application for a loan in the sum of €6,439,382.00 under the Capital Loan and Subsidy Scheme to the National Association of Building Co-operatives (NABCO) Society Ltd.for the construction of 31 no.dwellings and a community facility at Kilcronan, Clondalkin in accordance with the requirements of Section 6 of the Housing (Miscellaneous Provisions) Act, 1992 be approved"