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• Reference: 2008/0008-1
• Question by: Darren Johnson
• Meeting date: 08 October 2008

What new options for the funding, design, and housing provision of the Olympic Village are now being explored, in the light of the current economic climate and housing market conditions?

• Question by: Richard Barnbrook
• Meeting date: 08 October 2008

Thank you for a very well presented report. I am a little concerned with the costing, whichever proportion is given over to the taxpayer of London and the UK Government tax collection from the people. You mentioned the credit crunch. This morning 400 points was taken off the Financial Times Index within the first hour of opening and that probably will not change for the foreseeable future. I come back to the aspect of the Stadium first. Mayor Boris has made it quite clear that the £500 million Stadium will, at the end of the Games, go back to 25,000...

• Question by: Darren Johnson
• Meeting date: 08 October 2008

On the funding of the Olympic Village, you have said it is extremely unlikely that there will be a scenario where 100% will be coming from public funds through contingency, but what proportion are you looking at now in terms of the mix of different sources of funding for the Olympic Village?