Further details on IDA/Council land and property deal

Donegal County Council has formally agreed a deal with the IDA, which will see land and units in Ballyshannon, Buncrana, Carndonagh, Donegal Town and Milford handed over to the council.

As part of the deal,the IDA is providing €800,000 for repairs and €500,000 for road improvements.

County Manager Seamus Neely says there are already three very solid enquiries about units, and the council's Economic Development Unit will be seeking to maximise their potential.

He confirmed the lands have been valued at €1.4 million, which will be offset by the waiving of development charges in the Letterkenny area.