He blamed national housing policy for shortcomings in the agreement and targeted “political stanzas that try to reverse a decision of this Council.” Under the proposal, Council would have paid Glenveagh for the social and affordable units that provided 50% of the total housing on the site. The other 50% would have been private apartments. However, the parties to the Dublin agreement that control the city council – Fianna Féil, the Greens, Labour and the Social Democrats – oppose the current agreement, for which Glenveagh Homes has emerged as a preferred bidder. The report of Council officials showed that the price of affordable housing would be from 230,000 euros for a bed to 320,000 euros for a triple room, with prices, including state subsidies. A first stumbling block is the local property tax, Fitzpatrick says. Each year, the City Council must decide whether to increase a basic interest rate of up to 15% or up to 15%. A similar dispute is brewing ahead of a vote next Monday, with city councillors expected to agree to transfer land to the developer for which Glenveagh Homes emerged as a preferred bidder. Members of the Dublin Agreement at the City Council – Fianna Féil, the Greens, the Labour and the Socialists – amp; Democrats – must meet before next Monday`s vote to approve the deal. In the report, however, Mr. Kenny stated that this agreement eliminates the financial risk to the Commission, which does not have the expertise of a developer or contractor. “The elected council has set foot on him. We have already sold the crown jewels to O`Devaney, so we need to take a look at a new type of apartment construction on this site.
The agreement also stipulates that city councillors work to “make public transport free for all” and to establish a democratically elected Dublin transport authority. The dominant voting bloc during the five-year term of the last Council was Sinn Féin (which had the highest number of seats at 16), the Labour Party, the Green Party and some independents. Dermot Lacey says the Labour Party is “very pleased with the deal.” All Dublin councils, with the exception of Fingal, have supported the creation of a new executive mayor of a Dublin combined authority in 2013 and a citizens` assembly will be held sometime in 2019 to determine what Dublin`s Common Town Hall would look like, with a referendum to be held at some point in 2020. Mary Freehill, a Labour councillor, blames the central government`s erosion of the Council`s powers, including on housing. Mayor Paul McAuliffe received a letter from Executive Director Owen Keegan in which he called the agreement “very ambitious.”