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• Question by: Bob Blackman
• Meeting date: 10 November 2007

Can I just ask Mary about the LDA's perspective. The Memorandum of Understanding has been renegotiated. We have heard the assurances today about budgets but we clearly do not know what the position will be when we get the final outturn on everything. Have you got any concerns that the Government might withdraw revenue for support grant, for example, from the GLA to compensate for any cost overruns?

• Question by: Bob Blackman
• Meeting date: 10 November 2007

In the event that there are major cost overruns, you have not put this into your risk assessment of the project, that we would lose money as an authority from the Government in direct relation to any cost overruns that take place?

• Question by: Peter Hulme Cross
• Meeting date: 10 November 2007

Yes, you are absolutely right. London generates an enormous amount of wealth - according to the London Chamber of Commerce about £13 - £20 billion - which is then taken by the Government and used to subsidise the rest of the country, if not Scotland. We can certainly do with more money. As far as Crossrail is concerned, the Mayor has said that is probably the most important project, even more important than the Olympics. Nevertheless, the Government still found themselves with a shortfall of over £300 million and turned to the City to stump up yet more money in...

• Question by: Dee Doocey
• Meeting date: 10 November 2007

OK, and the final thing; I know I threw so many questions at you, but will the targeted offer be distributed to small groups with multiple needs?

• Question by: Dee Doocey
• Meeting date: 10 November 2007

My key concern is that it is not a scattergun approach that it goes to a lot of schemes but that it is targeted on very specific small schemes where it can actually do some good. Thank you.

• Question by: Brian Coleman
• Meeting date: 10 November 2007

Perhaps you could just give us the funding. Just pass the funding straight on.

• Question by: Elizabeth Howlett
• Meeting date: 10 November 2007

It seems like a very good scheme. Can I ask how this funding can be accessed by local communities?

• Question by: Dee Doocey
• Meeting date: 10 November 2007

I have a couple of specific questions; maybe I will cover them all together. First of all, is it just going to be for two years and will you ensure that the additional money will go to those schemes, many of which are working very successfully, rather than try to reinvent the wheel with trying to identify other schemes? Will young people decide how the offer money is going to be spent, and can you confirm that the targeted offer will be distributed to small groups with multiple needs?

• Reference: 2007/0041-1
• Question by: Damian Hockney
• Meeting date: 10 November 2007

What does London need more: the London Development Agency or Crossrail?

• Reference: 2007/0042-1
• Question by: John Biggs
• Meeting date: 10 November 2007

Can you outline your priorities for the next year?