The Munster Council has tonight announced a grant package of €3.75 million for the redevelopment of Páirc Uí Chaoimh, which is due to begin later in the year. The announcement was made at a Council Meeting that also saw the introduction of a 5 year budgetary framework and a financial package totalling €2.5 million for Clare, Limerick, Kerry, Tipperary and Waterford.
Following the meeting, Council Chairman, Robert Frost said that the Council was delighted to be in a position to provide this grant towards the €70 million redevelopment of Páirc Uí Chaoimh, saying “this is a major redevelopment for the GAA in Cork and Munster and will see this stadium transformed into a state of the art facility. The Government and Central Council have provided generous grants towards this facility and now the Munster Council is doing the same.”
He added “The €2.5 million package for Kerry, Tipperary, Clare, Waterford and Limerick will see €0.5million made available to each county to be used on projects such as works on major county grounds and centres of excellence”.
“We have set out a clear five year budgetary framework that will see no further investment in major capital projects for the next five years. Once this five year cycle is up, the Council will reassess the financial situation and implement another 5 year budget, based on the considered infrastructural requirements in the province. I can assure clubs that the annual club development grant scheme will also remain in place, a scheme that has invested over €5.5 million in club facilities in the last 5 years.”
He concluded “The Council is in a position to announce this total package of €6.25 million thanks to many years of prudence which has allowed us to build up this reserve. These grants would not be possible without the great support we get from the many thousands of people who attend our games each year and we are delighted to be able to redistribute income to our County and Club units.