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  • Land acquisition costs

    • Reference: 2005/0437-1
    • Question by: Dee Doocey
    • Meeting date: 07 December 2005
    What is the latest forecast for the cost of land acquisition for the Olympics (including relocation costs)?
  • Marshgate Lane Compulsory Purchase Orders

    • Reference: 2005/0590-1
    • Question by: Damian Hockney
    • Meeting date: 07 December 2005
    Can the LDA confirm that no Marshgate Lane business has attempted to negotiate a deal based on the value that the land is likely to command (ie four or five times greater than the current market value of the premises) once it has been acquired by the LDA?
  • Marshgate Valuations

    • Reference: 2005/0321-1
    • Question by: Damian Hockney
    • Meeting date: 08 September 2005
    The LDA offered a firm in Marshgate Lane a site in Leyton to relocate to. The LDA bought the Leyton site a year ago at £886,667 per acre. They are now asking £1.1 million per acre. That's an increase in value of 24%. One of the companies in East London being forced to relocate bought their current site at Marshgate Lane in 2000 for £1.075 million and spent £300,000 on various improvements, making a total cost of just under £1.4 million. The LDA have offered £1.5 million for it, five years later. So the LDA are saying The Marshgate Lane...
  • Compulsory Purchase

    • Reference: 2005/0304-1
    • Question by: Angie Bray
    • Meeting date: 08 September 2005
    Can you give an update on the negotiations with local businesses in the Lower Lea Valley? How many have settled, how many will need to be Compulsory purchased?
  • Sustainable Management System

    • Reference: 2005/0333-1
    • Question by: Dee Doocey
    • Meeting date: 08 September 2005
    How many local firms in East London do you think will be able to meet the requirements to fit within the LOCOG's Sustainable Management System? What plans are being made to ensure that local companies are provided with practical help and guidance so that they a) understand the tender requirements; b) are provided with training and support to complete the necessary tender documents?