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• Reference: 2017/4144
• Question by: Lord Bailey of Paddington
• Meeting date: 02 November 2017

When will the LLDC be on a more financially stable footing?

• Question by: Andrew Boff
• Meeting date: 02 November 2017

Andrew Boff AM: The Local Plan says the LLDC will exceed the London Plan’s target of 1,471 housing units per annum. Does that remain your aspiration?

• Question by: Unmesh Desai
• Meeting date: 02 November 2017

Unmesh Desai AM: Thank you, Chair. David, I noted your answers to Assembly Member Bailey’s questions about the financial sustainability of the Stadium and so I will not repeat his questions. However, just to be very specific and much more direct then may I suggest Assembly Member Bailey was, you talked about the LLDC moving to a stable financial footing, you talked about long-term aspirations and you talked about making good progress, but you are not in a position today to tell us when the LLDC will have enough financial stability to be wound down. Yes or no?

• Question by: Navin Shah
• Meeting date: 02 November 2017

Navin Shah AM: Thank you, Chair. David, this morning in your opening statement you referred to the Olympic Park and particularly the venues that are there. They are becoming a major destination. That is good news and I welcome that. Leaving aside the Stadium, can you tell the Assembly what the medium and long-term financial viability is of the venues within the Park?

• Question by: Unmesh Desai
• Meeting date: 02 November 2017

Unmesh Desai AM: David, in the long term, can you tell us whether the Copper Box as well as the Aquatics Centre will continue to remain financially sustainable as well as affordable for the local residents and communities?

• Question by: Len Duvall OBE
• Meeting date: 02 November 2017

Len Duvall AM: Can we move on to some of the other contracts? We might include West Ham. In one of the LLDC documents - it might be in your annual report - you talk about “onerous contracts”. David Goldstone CBE (Chief Executive, London Legacy Development Corporation): Yes. Len Duvall AM: Are the onerous contracts that we are referring to the agreements with tenants such as West Ham and UK Athletics? Also, you have other contracts on catering, as well as the E20 management. You do not call it that. There is probably a technical term--

• Question by: Gareth Bacon MP
• Meeting date: 02 November 2017

Gareth Bacon AM: Thank you, Chair. I will start by echoing something you said earlier on, David, and it was echoed by Sir Peter. As a regeneration project, it has to be acknowledged that it is successful. Compared to any other Olympic city in the past, what has happened in London is transformationally better than anywhere else. That said, of course, there are some caveats to that and the biggest running sore is the Stadium. I am going to go back over a couple of the points that have been covered by other Members, just to try to get more...

• Question by: Andrew Boff
• Meeting date: 02 November 2017

Andrew Boff AM: How could something be described as ‘sustainable’ when London taxpayers will have to keep propping you up every year and you cannot tell us when that is going to stop? How is that sustainable?

• Question by: Leonie Cooper
• Meeting date: 02 November 2017

Leonie Cooper AM: Thank you very much, Chair. I wanted to ask you about progress on dealing with the quite catastrophically large gender pay gap. You had an action plan with a series of 15 different actions, all of which, apart from one, were to be completed before the date of this meeting. I wondered if you could tell us about progress and whether you have completed all of those actions.

• Question by: Tom Copley
• Meeting date: 02 November 2017

Tom Copley AM: Thank you, Chair. I have a question about building successful and integrated neighbourhoods. I want to ask first of all, very directly: has the LLDC formally adopted the Mayor’s target of 50% for all new homes across the Park?