The refurbished historic building will house new offices for the university president Prof Andrew Deeks, his staff and the UCD Foundation, the university’s fundraising arm. The full cost of the work will come to €7.5 million, the university’s governing authority was told last December, according to confidential meeting minutes seen by The Irish Times. A note to the governing authority said the budget increase was approved by Prof Deeks “between meetings” of the finance committee, under “delegated authority”. At a December 12th governing authority meeting, approval was sought to increase the project’s budget by €6.4 million to €7.5 million. The governing authority agreed that a “lower limit not to be breached except in exceptional circumstances should be considered” for the university’s reserve funding.

Source: The Irish Times April 03, 2019 23:26 UTC