€158,741.03 funding under the Rural Development Programme approved for the renovation and conservation of Clock Gate Tower in Youghal
Phil Hogan, T.D., Minister for the Environment, Community and Local Government, announced today that he has given sanction to South & East Cork Area Development Ltd. to approve funding of €158,741.03 to Youghal Socio-Economic Development Group for the renovation and conservation of the Clock Gate Tower Building in Youghal. The funding is being provided under the Village Renewal and Development measure of the Rural Development Programme 2007-2013.
Announcing the funding Minister Hogan said:
“I am delighted that the Rural Development Programme is in a position to support the refurbishment of this heritage building which stands vacant and occupies a prominent position over Main Street in the town. The Clock Gate Tower is an iconic building in Youghal and there is no similar building in the town or in the general South and East Cork area. In bringing the building back to its original character, the conservation and renovation work will preserve the building for future generations and add to the heritage product in South and East Cork.”
The LEADER elements of the Rural Development Programme currently offer, and will continue to offer, significant financial resources to communities all over Ireland. With a budget of €96 million for 2012, it is critically important that communities continue to come up with ideas that will reinvigorate their localities and avail of the resources available to develop all aspects of their communities into the future.
The Minister added: “This project will now go back to the Board of South & East Cork Area Development Ltd. for final approval. This is in line with the EU’s ‘’bottom-up’’ approach to rural development.”