Scheme to reduce vacant property rates

first_imgRELATED ARTICLESMORE FROM AUTHOR Limerick Artist ‘Willzee’ releases new Music Video – “A Dream of Peace” Vanishing Ireland podcast documenting interviews with people over 70’s, looking for volunteers to share their stories Facebook Email Limerick’s National Camogie League double header to be streamed live WhatsApp Predictions on the future of learning discussed at Limerick Lifelong Learning Festival Previous articleShannon figures soarNext articleWind weather alert downgraded John Keoghhttp://www.limerickpost.ie Printcenter_img NewsScheme to reduce vacant property ratesBy John Keogh – January 15, 2015 690 TAGSbusinessCllr James Collinscommercial rateslimerickLimerick City and County Councilvacant properties Advertisement WATCH: “Everyone is fighting so hard to get on” – Pat Ryan on competitive camogie squads Linkedin Limerick County Council meet for the last time after 115 years in existence A NEW Business Incentive Scheme aimed at providing some financial relief for the owners of vacant properties was introduced as part of Limerick City and County Council’s 2015 budget.Rather than a universal bill of 50 per cent of the going annual commercial rate, as had already been the case in Limerick city, a sliding scale of charges will now be introduced.Sign up for the weekly Limerick Post newsletter Sign Up In a move that is aimed at softening the blow for the owners of smaller or rural commercial properties, charges will now be dependent on the rate that the property would be liable for if it was occupied.Properties that incur a commercial rate of less than €2,500 will now pay nothing, those liable for rates of €2,500 to €9,999 will pay 50 per cent, while those eligible for rates in excess of €10,000 will pay 75 per cent of the commercial rate.It is hoped that the scheme will be of benefit to the owners of small businesses that have ceased trading, who do not have the means to pay high commercial rates.Cllr James Collins, leader of the Fianna Fáil metropolitan group, told the Limerick Post: “The rationale behind this is there is a belief that there are people who own large commercial properties in the city centre, and they’re happy to sit on those properties and leave them vacant rather than allowing their competitors to move in.“So we asked if we could devise a sliding scale where the larger properties pay a higher percentage and smaller properties with a smaller rental value pay a lower percentage, if any.” Twitter Limerick Ladies National Football League opener to be streamed livelast_img read more

5 Plantation Blast Victims Plan to Sue as Probe Continues

first_imgAs an investigation into Saturday’s massive explosion that left 23 people injured at a Plantation shopping center continues, five victims, have retained a local law firm to file suit against “those found accountable for the blast.”Attorney William Lewis held a press conference Tuesday confirming that the Plantation-based Morgan & Morgan law firm will be representing five blast victims.“In the end, it’s an issue of fundamental public safety because this could have been any of us,” Lewis said. “Our job here is to determine who is accountable for the explosion and to hold those folks accountable.”Watch the full press conference below.An official cause of the blast has not been established.However, investigators believe that the explosion resulted from a gas leak after a broken mane was found at a former Plantation restaurant in The Market on University Plaza.Lewis said Tuesday his firm will launch a separate investigation into the explosion calling into question what authorities believe happened.“Gas lines don’t just rupture,” said Lewis. “We need to determine why it happened.”The attorney did not identify his clients, the extent of their injuries, or whether they were hospitalized.At this time it is unclear who is considered liable for the blast.last_img read more