Council slammed for ‘hoarding’ €15.2m

Cork County Council has been accused of sitting on €15.2m which it took in as development levies and which should be spent on improving roads, lighting, and footpaths.

The figure was revealed by acting county manager, Declan Daly, as part of an overview of how much money still remains in the council’s own coffers from these special charges which were primarily levied on developers who built homes along the corridor of the Cork-Midleton railway line.

Iarnród Eireann has been given €6.7m of the contributions as part of a deal with the local authority which led to the reopening of the commuter railway line in Jul 2009.