According to The Irish Times, the council-commissioned due diligence report notes “ownership-related issues” with St Michael’s Pier, the former home of the Stena HSS ferry and a focal point for development under the Dun Laoghaire Harbour Masterplan.
These developments include a proposed berth for cruise liners that was approved in restricted form by planners in November, but currently faces the prospect of a High Court challenge by local environmental group Save Our Seafront, as reported yesterday on Afloat.ie.
The report also queries the valuation of certain property assets around the harbour, as well as a potential deficit in its pension fund — and debt to the European Union over Government grants.
Dun Laoghaire-Rathdown County Council is scheduled to debate the due diligence report this coming Monday (9 January), though the harbour’s chief executive Gerry Dunne said it contained “no surprises”.
The Irish Times has more on the story HERE.