COMHAIRLE CONTAE ÁTHA CLIATH THEAS
SOUTH DUBLIN COUNTY COUNCIL

south dublin county council crest

MEETING OF SOUTH DUBLIN COUNTY COUNCIL

Monday, November 14, 2011

HEADED ITEM NO.9

AUTHORISATION OF OVERDRAFT  ACOMMODATION  FOR  2012

REPLY:

Due to anticipated cashflow concerns it is considered prudent to seek approval for overdraft accommodation for the period 01/01/2012 to 31/12/2012 at the same level as for 2011.

Accordingly, it is recommended that the Council approve, subject to the sanction of the Minister for the Environment, Heritage and Local Government, the securing of overdraft accommodation to a limit of €30m for the period 01/01/2012 to 31/12/2012.