The receiver for Rockview Estate in Portlaoise is having “considerable diffuclty” drawing down the bond money to complete the estate.
The council signed a Heads of Agreement with KPMG Receiver acting on behalf of Lavelle McAlinden and the Construction Industry of Ireland back in July with regard to carrying out substantial work to complete the estate.
In a written reply to the meeting from Angela McEvoy, Planning Department, she said the council had intended that these works would start in mid-September.
However, she said the recevier is experiencing “considerable in resolving revenue requirements.
Earlier this year, the Council were forced to bring legal proceedings over a refusal to release cash for work on the unfinished estate off Portlaoise’s Mountrath Road.
At the April meeting of Laois County Council, the planning department said the bond holder was refusing to honour both of the bonds (claiming they are only liable for one bond).
The planning department said the council had made the made a call on the two bonds held in respect of this development in 2010. Bonds are a type of an insurance taken out by developers in the event that work cannot be finished.
Ms McEvoy said the council were in regular contact with the Receiver to expedite the works, and said she would notify councillors as soon as they had a start date on the proposed works.
Cllr Caroline Dwane, who had proposed a motion at the meeting of an update on the progress to complete works in Rockview Estate and get all the public lighting in the estate working urged the council to continue their talks.
“The Heads of Agreement was signed in July. I would urge the council to continue the talks with KPMG,” she said.
Cllr Dwane asked if the council could do the work themselves to fix the public lighting.
“There are 21 lights out in the estate. It would be great if they could be turned on.”
In response, the planning department said they were aware of public lighting issues in the area and the council is organising to have repairs carried out early this month.
Cllr Catherine Fitzgerald, said she had great hope when the heads of agreement was signed.
“It’s disappointing that it’s still on-going,” she said.