Mr. Chairman, just before Mr - The Tribunal of Inquiry into Certain ...

4612:26:021 position to comment on.23 CHAIRMAN: All right well we'll revisit it at 2 o'clock.412:26:135 Q. 120 MR. LAWLOR: Could I just ask Mr. Gilmartin I was just putting the point to you6 that your letter is looking for a valuation of, you are looking for a price7 from HOK you have said you weren't selling yet your offer of a letter says you8 are selling at the current zoning at 200,000 pounds an acre, is that right? At9 326912:26:3010 A. I was not selling until the scheme was completely in place.11 Q. 121 Could I have 3269?12 A. That's only notification of an inquiry for the site.13 Q. 122 As you are aware we were approached by Hamilton Osbourne King on behalf of some14 clients of theirs who were interested in buying land near the Western Parkway.12:26:5215 We have agreed to offer for sale, some 30 acres at Coldcut Road end of the site16 which is surplus to our requirements for the shopping centre. The asking price17 for this land is 200,000 punts per acre, but of course, we'll listen to any18 reasonable offer to reduce our exposure. As far as I am aware, they have at19 least two interested parties.12:27:232021 Is that truthful or not?22 A. It is obviously truthful if I wrote the letter.23 Q. 123 But your evidence two seconds ago is you weren't selling the land now you agree24 you were selling the land.12:27:3525 A. No I didn't offer the land for sale, approach was made to me for some26 particular reason, in terms of what we were planning I would have had to know27 exactly what was going on the site before I would consider selling the land. I28 would not allow some shed or other to impede the, or should I say to downgrade29 what I was proposing on the site. So the 200,000 pounds an acre would have12:28:0930 been a price I put on it for the simple reason that I had no intention ofPremier Captioning & Realtime Limitedwww.pcr.ie Day 474