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Tag Archives: Ennis 2040 Designated Activity Company

€10m Ennis loan passed after heated exchanges

Reservations over funding ‘private company’ and possible neglect of other districts CLAIMS and counter claims were expressed by county councillors during heated exchanges before a controversial €10 million loan was approved for the Ennis 2040 Designated Activity Company (DAC) by a majority vote. Ennis 2040 Designated Activity Company (DAC) has been registered as a company to assist in identifying opportunities for development and employment in Ennis and making the town an attractive place to live and work. While councillors support investment for Ennis, several expressed grave reservations about the new funding mechanism proposed by the council executive at a meeting on Monday, and the lack of a similar package for rural Clare. The loan was passed by 23 votes to five, with Councillors Tony O’Brien, Gerry Flynn, Donna McGettigan, P J Kelly and Susan Crawford officially recording their opposition. Some of the remaining councillors who supported it – Pat Burke, Joe Killeen and Ian Lynch – did so reluctantly. Councillor …

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Councillors divided over €10m Ennis plan

Political manoeuvring will intensify amongst Clare county councillors ahead of a council meeting next Monday to secure support for a controversial €10 million loan for what has been described as a new public-private partnership to provide a major development facelift for Ennis. Ennis 2040 Designated Activity Company (DAC) has been registered as a company to assist in formulating identified opportunities for development and employment in Ennis and making the town an attractive place to live and work. The new high powered committee, which is chaired by former Roche Clarecastle chief executive, Gerry Cahill, includes TTM Healthcare Ennis chief executive Brian Crowley, Kieran Considine, head of AIB in Clare, Limerick and Kerry, Corporate Excellence Ireland chief executive, Linda Barron, Councillor Claire Colleran-Molloy, economic director of service, Liam Conneally and director of finance, Noeleen Fitzgerald. It is expected that Councillor Johnny Flynn and Councillor Ann Norton will become members of the board in the near future. This plan is expected to generate …

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