Bond Money Should Be Used To Finish Estates
Sinn Féin MLA Oliver McMullan is to raise the issue of using bond money to complete the infrastructure of unfinished housing projects with the Minister.
Mr McMullan stated,
“Due to the recession there are many housing estates across the North that remain without proper street lighting or roadways due to contractors going out of business and being unable to finish the estates they began.
“Many of these estates are partially occupied leaving the residents in an estate without proper lighting and where the roadways become muddy during inclement weather. This has led to safety concerns and damage to their property due to the dirty conditions.
“However I have ascertained that contractors must place a bond with the DRD Road Service before commencing with the building of the homes in order for the Road Service to install lighting and roadways.
“In a question to the Minister Danny Kennedy I have found that the DRD Road Service hold a staggering £12.5 million in bonds and I am calling on the Minister to use this money to honour the commitments to those residents who find themselves living in partially build estates.
“These people bought their properties in good faith and should be afforded some comfort and security by having proper lighting and roadways installed.
“I intend to raise this issue with the Minister to ensure that those residents in partially built estates can get the proper facilities that they envisaged when buying their homes.”