The Mayor and City Council (M&CC) has embarked on a new project to rehabilitate Bourda Street, which has been in an execrable state for quite some time. As such, while some vendors believe that this is a good initiative, the views of others differ.Some of the works being undertaken at Bourda StreetThe works are being done in collaboration with the Public Infrastructure Ministry.A vendor, who requested to be anonymous, revealed that due to the works being done, there has been a significant reduction of customers in that particular area as they cannot access the street. In the past days, business has been ‘slow’ and sometimes, the produce is not being sold so she incurs a loss. She believes that they should’ve been advised not to sell in the area until the rehabilitation of the street is completed.Meanwhile, a number of other merchandisers expressed their satisfaction with the new asphalt street and stalls; and have given their full cooperation until this project is completed.This, they said, will be an improvement and the market will see more customers and sales in the future, as the appearance of the area will be much better than it was before. They also think that the infestation of rodents will also be eradicated.“Excellent. I believe they’re doing an excellent job and they need to continue what they’re doing. There will be new stalls and they will be doing it in concrete so we won’t be having rats and these things no more,” Alfred Mack related.For now, the entrances to the stalls have been moved to the western pavement and vendors were asked not to use their current stalls after these works are completed.Vendors were told by M&CC Town Clerk Royston King, that new stalls will be constructed as per the M&CC’s specifications, as it relates to the dimension of each stall.As a result, taxes will also be increased on the upgraded stalls, to improve the services and facilities such as water, lightS and security being offered.
Sinn Féin Finance Spokesperson Pearse Doherty TD has said Minister Michael Noonan is ‘washing his hands’ of the banks’ policy of legal actions against homeowners. Deputy Doherty was speaking after challenging Minister Noonan in the Dáil today.He said: “I am bitterly disappointed that Minister Noonan has expressed his satisfaction that the banks are meeting the Central Banks’ resolution targets. When I put it to him that the banks are only meeting those targets through wholesale legal actions he did not change his tune. “Today in the Committee Ulster Bank defended its use of legal proceedings in over 4,000 cases which make up almost half of their proposals under the targets set by Minister Noonan and the Central Bank. They know they can get away with this because of Minister Noonan’s Pontius Pilate attitude. I expect the three other main banks will tell the same tale tomorrow and Thursday.“The latest data from the banks shows that six years into this crisis the banks have only made a sustainable offer to one third of mortgage holders in distress when legal threats are excluded.“Minister Noonan has stated on numerous occasions that he does not believe that legal letters constitute a sustainable solution. He has said he has communicated this assertion to the banks yet he is hiding behind the Central Bank who are accepting the banks’ figures including legal letters and removal of people from their home as sustainable solutions.“It is not good enough the Minister to hide behind the Central Bank in the midst of a mortgage arrears crisis. Ministers should lead and not hide behind the Central Bank or civil servants.” All Figures refer to Principal Dwelling Houses:No in ArrearsProposals% Total ProposalsLegal solutionsAs a % of total proposalsAssisted /Voluntary SalesAs a % of Total ProposalsLong Term ProposalsAs a % of proposalsAIB24,99014,45557.8%6,42044%1,85512.8%6,18042.75%Ulster Bank14,2319,55167.1%4,33245.2%––5,22854.7%PTSB22,10913,38060.552,30217.2%1,3229.8%9,75672.9%Bank Of Ireland11,0547,42067.1%3,47846.8%741*10%*3,94253%Total72,38444,80661.8%16,53236.8%3,177**7%25,10656%*** BOI combine Mortgage to Rent and Assisted/Voluntary Sale so it is can’t be counted as either legal or Long Term** excluding BOI AVS*** as a % of total arrears long term solution = 34%NOONAN WASHING HIS HANDS AS BANKS FORCE PEOPLE FROM HOMES – TD was last modified: April 8th, 2014 by John2Share this:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Reddit (Opens in new window)Click to share on Pocket (Opens in new window)Click to share on Telegram (Opens in new window)Click to share on WhatsApp (Opens in new window)Click to share on Skype (Opens in new window)Click to print (Opens in new window) Tags:bankslegal actionsMichael NoonanPearse Doherty TD