A Clonmel Councillor is asking that the Council purchase unused sites in the town such as the currently vacant Clonmel Arms Hotel to expedite re-development of same in the interests of Clonmel and the broader Community.
Councillor Niall Dennehy has made his proposal in a motion to be considered at the meeting of Clonmel Borough Council on Wednesday.
The councillor, who continues to campaign for the restoration of town Councils, abolished in 2014, proposes that assets surrendered by Clonmel Borough Corporation /Council at the time of it’s abolition be used as collateral to fund the purchases.
Cllr Dennehy estimates that there was over €170M in assets transferred at the time.
These he suggests comprised €145 Million in Capital Assets and €30 Million+ in cash.
The councillor says that a structure such as a Public Private Partnerships is not unheard of and such an approach could deliver benefits for the wider community.
