'I won't be paying because I don't have the money' - Residents' fury at €10m bill for works
Apartment owners in a south Dublin complex have vented their frustrations at a potential bill of more than €10m to remedy fire safety issues and water problems.
A letter sent to apartment owners at Beacon South Quarter in Sandyford sets the agenda for an AGM where they will be asked to pay €9.1m into a sinking fund for remedial fire safety works.
Residents in blocks A and D are being asked for just over €1m in relation to water damage.
One owner, Clare McAfee (34), told the Irish Independent "there simply won't be money in the bank account" to pay for any costs to fix fire safety and other structural issues in their homes.
Ms McAfee bought her apartment in Beacon South in 2009, while her grandfather also lives in an apartment in the complex.
"The community was in shock because it is a lot of money being asked for," Ms McAfee said. "At least we know it won't be a case of being forced out of the building, but people bought these places in good faith.
"I will definitely be going to the AGM in February where I think and hope we will be listened too."
When asked if she would pay the bill, speaking to Newstalk Ms McAfee said:
"Simple answer no. I don't have the money so I can't pay it."
Josepha Madigan TD said the residents were "not in a position to pay this amount of deficits, that arose through no fault of their own".
BSQ Management Company Ltd declined to comment.