Shrinking income may force council to sell assets

THE country’s largest local authority may sell off or lease a number of its assets, including a €40 million superdump, in an attempt to make ends meet during the next few years.

Shrinking income may force council to sell assets

Cork county manager Martin Riordan has warned that post-2010, the council will have to think of ways to bolster its coffers in the face of ever decreasing income and expected cuts in Government grant-aid.

One of its valuable assets, he said, could include the landfill at Bottlehill in which the council invested €40m.

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