City opts to take slice of revenue instead of buying car park

A city has decided to take a slice of the revenues from one of Cork’s busiest car parks for the next decade instead of buying it out.

Councillors agreed to accept a detailed report from city manager Tim Lucey on the council’s future involvement in the 395-space, 24-hour City Hall car park on Eglinton St.

It will see the council extending the lease for a decade and taking: