The biggest property transaction in the history of the Irish State has been officially filed with the Land Registry.
Clare County Council has delivered transfer maps for all property in Shannon, less than two-and-half years after responsibility for Ireland's newest town was transferred from Shannon Development to the Local Authority. The move represents one of the largest transactions handled by the Land Registry in its 115-year history.
The September 2004 transfer of responsibility for Shannon Town represented a unique transfer and culmination of many years of discussion and negotiation on bringing the Town under Local Authority control. Since then, Clare County Council has assumed full responsibility for all public services within the town including - roads, water services, public lighting, open space and housing, originally part of Shannon Development housing stock.
Ger O'Brien, Chief Technician with Clare County Council said that the map transfer represented the largest single project he had ever worked on during his 29 years of service as a public servant. "Today's historic handover of maps to the Land Registry will cater for Shannon Town's development needs well into the future" - stated Mr. O'Brien.
He added - "Now that all lands within the town boundary have been officially documented and filed, in consultation with True North Mapping, I am confident that new development opportunities will be facilitated - therefore providing a further injection of economic activity into Shannon."