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  • Olympic Land Debt (Supplementary) [1]

    • Question by: Mike Tuffrey
    • Meeting date: 10 March 2010
    I want just to pursue this issue of what the land is fit for. You talked about longer term development and you talked about family housing and so forth. We had a meeting of [the Assembly's] Budget and Performance Committee a couple of weeks ago and the LDA, when pressed about the debt, said that a fair chunk of the debt actually will still sit in the LDA's books to pay off the bills for the remediation so the issue of remediation then came up. Could I therefore just be clear what your understanding of the condition of the land...
  • Land remediation (Supplementary) [1]

    • Question by: John Biggs
    • Meeting date: 10 March 2010
    ): Are we at the section of the meeting where we are asking more general questions? I wanted to come back to somewhere close to where we started, informed by the discussion we have had. My question is to be clear about who you are accountable to because is there not a risk that you are accountable to so many different layers in so many different ways that, de facto, you are accountable to nobody? By which I mean you are accountable to your directors, obviously, your Board, and you are accountable to your shareholders, 50/50. I think the wider...
  • Land remediation (Supplementary) [2]

    • Question by: Kit Malthouse
    • Meeting date: 10 March 2010
    On remediation, are you aware of any warranty protection that the ODA might have on remediation with the contractors and, if so, will you inherit it? If not, is there a general remediation insurance policy in place for any works that may or may not be needed, and are you going to inherit and therefore keep that one on?
  • Land remediation (Supplementary) [3]

    • Question by: Mike Tuffrey
    • Meeting date: 10 March 2010
    I absolutely understand that if you are going to grow vegetables it has to be remediated to a certain level and the LDA has not done that. I also understand and accept LDA's assurance that it has remediated it to a standard fit to hold the Games on. That is fine. What I am interested in is the commercial exploitation of the land and any uncertainty. You just said, Margaret, as with any Brownfield site developers would have to be aware, but the LDA told us that it is giving you this brilliant land that it has spent an absolute...
  • Land remediation (Supplementary) [4]

    • Question by: Murad Qureshi
    • Meeting date: 10 March 2010
    I just wanted to generally raise some environmental issues and I think the main one here in the legacy is the Olympic Park and how that is going to be managed in the future. Could you just tell me how you intend to tender that, what specifications you have got in mind to deal with that and who you think is going to be interested in managing that major part of the legacy, which will probably be around for a lot longer than other things?