EXCLUSIVE: Roscommon County Council has repaid less than €1.5m cost of new civic HQ

Roscommon County Council has repaid less than €1.5 million of the cost of its €22-million civic headquarters.

Details released under the Freedom of Information Act show the loan will be repaid over 40 years.

The civic headquarters opened in December 2015, with the initial tender price for the building being €12.86 million, plus VAT.


However, the Department of Local Government sanctioned a loan of €22 million for the premises in 2010 and while the final account hasn’t been produced yet, it’s set to cost that figure.

The council has drawn down that amount in full over the past six years, with the first amount of €500,000 in June 2011.

The following year, it drew down €1.1 million, followed by four sets of €4 million in 2015 and 2016 when construction was under way.

A further €3 million was withdrawn when the building opened in December 2016, while €1.4 million was taken out in May of this year.

The council repays the loan twice a year, with the term being 40 years, while a total of €1.45 million has been paid back so far.