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Extinguish right of way?

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    #32
    Moonbeam
    Moderators, Education Moderators, Society & Culture Moderators Posts: 18,953 Mod ✭✭✭✭Moonbeam


    L1011 wrote: »
    If that's the case, its realistically just going to mean they come back in a few years with a CPO due to having solid plans really. Buying time but not stopping the eventual forced sale.

    Its pretty obvious who the land was actually intended for, but obviously they weren't willing to have their name put to it...

    Who ?


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    #33
    L1011
    Registered Users Posts: 68,861 ✭✭✭✭L1011


    Moonbeam wrote: »
    Who ?

    Intel.


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    #34
    2011abc
    Registered Users Posts: 1,682 ✭✭✭2011abc


    Great news


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    #35
    knucklehead6
    Registered Users Posts: 6,783 ✭✭✭knucklehead6


    Was Reid not offered market value before? Or even above market value and he refused, saying he wanted more.

    Then the arse fell out of the market and he was offered a LOT less and again refused.

    Then the CPO was brought in.

    I could be wrong but I was told that by a number of different sources


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    #36
    L1011
    Registered Users Posts: 68,861 ✭✭✭✭L1011


    knucklehead6 wrote: »
    Was Reid not offered market value before? Or even above market value and he refused, saying he wanted more.

    Then the arse fell out of the market and he was offered a LOT less and again refused.

    Then the CPO was brought in.

    I could be wrong but I was told that by a number of different sources

    He was, however all I'd heard was that he doesn't want to sell though, not that he asked for more. The reason the IDA tried to buy this at normal sale first was because the CPO process for the IDA hadn't been used for years and - as you see now - was ultimately unsuccessful

    The CPO process for councils and the TII (former NRA/RPA) is used constantly and is the standard way they operate. It ensures that the person being forced to see is put right for their costs as well as the value and also stops them having someone demanding insane multiples of real value.


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    #37
    dobsdave
    Closed Accounts Posts: 1,814 ✭✭✭dobsdave


    Intel already had plans made up for a new fab to go on this land.
    I wonder would this be enough to make them choose one of the alternative sites (Israel etc).


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    #38
    dori_dormer
    Registered Users Posts: 1,919 ✭✭✭dori_dormer


    Israel already has 5 or 6 sites. They can only produce so much there as its getting a Little unstable.

    They will always need fabs in Ireland as otherwise they won't have a site in Europe to avail of tax breaks. The problem is the land all needs to be joined together, it can't even be a mile away aparently.

    If Intel ireland want to expand again this is their only location. I think his days are numbered as technically Intel could reduce the ireland site to 500 people and one old fab if they wanted to. It would be a huge loss for employees and the area.


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    #39
    L1011
    Registered Users Posts: 68,861 ✭✭✭✭L1011


    There's limited reason they couldn't put a fab over with the chip design site in Shannon, if they wanted to.

    However, the entire reason this CPO was rejected was the non identification of a purpose for the land. New process saying its for Intel is likely to succeed.


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    #40
    dori_dormer
    Registered Users Posts: 1,919 ✭✭✭dori_dormer


    There is , the fab has to be on very specific type of land. Shannon may not be suitable. Also it would require relocating a thousand engineers from dublin to the middle of nowhere and that costs a lot of money.


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    #41
    L1011
    Registered Users Posts: 68,861 ✭✭✭✭L1011


    dori_dormer wrote: »
    There is , the fab has to be on very specific type of land. Shannon may not be suitable. Also it would require relocating a thousand engineers from dublin to the middle of nowhere and that costs a lot of money.

    Nobody needs to move if its an additional fab as opposed to a replacement. Training for new processes already has them pay for people to spend up to a year in Oregon, so an alternative site in Ireland would still be cheaper.


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    #42
    Seth Brundle
    Moderators, Politics Moderators Posts: 39,762 Mod ✭✭✭✭Seth Brundle


    dori_dormer wrote: »
    They will always need fabs in Ireland as otherwise they won't have a site in Europe to avail of tax breaks. The problem is the land all needs to be joined together, it can't even be a mile away aparently.

    If Intel ireland want to expand again this is their only location. I think his days are numbered as technically Intel could reduce the ireland site to 500 people and one old fab if they wanted to. It would be a huge loss for employees and the area.
    There is plenty of land behind Intel on the far side of the Rye. From memory, Intel owned (and possibly still do) quite a lot of it.


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