- Reference: 2005/0315-1
- Question by: Dee Doocey
- Meeting date: 08 September 2005
The bid document says ''The Olympic Village will be built as a major regeneration project funded by a private/public sector consortium, with the funding guaranteed by the Mayor of London. The rental cost to the LOCOG in using the Olympic Village will be limited to a figure of not more than $40million.'' What progress has been made in identifying private/public sector consortium? How many are likely to bid for this and how much funding have you guaranteed? Question Addressed to Keith Mills / Mayor
