Updated: 04/09/12 : 07:30:30
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Court outcome next month 'key milestone' on Callside

A COURT decision is expected on October 19th on whether or not Treasury Holdings companies should be liquidated, members of Sligo Borough Council heard last night (Monday).

Treasury is the parent company of Callside, the movers behind the proposed €80 million business redevelopment of Sligo town centre.

''If Treasury is liquidated it will be a key milestone or watermark around Callside,'' Paula Gallagher, pictured, Acting Director of Services told members.

New Position

''It will move us to a new position,'' she predicted.

''Sligo Borough Council, she said, had ''worked very hard to protect the interests of Sligo Borough Council.''

Cllr Declan Bree whether the Council had beneficial ownership of the car park.

Ms Gallagher said the Council had served Compulsory Purchase Orders on property in the car park, adding: ''and what property we have is still in our ownership.''



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