Councils give green light to buy brewery for €2.1m

KILKENNY local authorities have given the go-ahead to purchase the St Francis Abbey Brewery site from Diageo for €2.1 million, following two unanimous ballots taken at an historic joint meeting held this afternoon in City Hall.

KILKENNY local authorities have given the go-ahead to purchase the St Francis Abbey Brewery site from Diageo for €2.1 million, following two unanimous ballots taken at an historic joint meeting held this afternoon in City Hall.

Members of Kilkenny Borough and County Councils gathered to discuss an offer from Diageo regarding the 10.6-acre site, and to vote on whether to purchase it from the global drinks giant. Two separate motions, one for the county council and one for the borough, were carried following unanimous agreement by those present.

The local authorities hope to take possession of the site in 2014 or 2015, subject to the site being cleared and remediated in accordance with a plan by the Environmental Protection Agency. Diageo says it will use the €2.1 million purchase fee from the council to cover the cost of this operation, meaning the acquistion will be essentially cost-free.

*For the full story, see tomorrow’s Kilkenny People.*