- Reference: 2023/1248
- Question by: Siân Berry
- Meeting date: 23 March 2023
In the February 2023 document, Queen Elizabeth Olympic Park Fixed Estate Charge Review, Submission to the Mayor, a breakdown of categories of uses that pay the Fixed Estate Charge (FEC) is provided. These are: Commercial, £1.80 per sq ft; Private housing, state schools, civic, community and culture amenities, £1.26 per sq ft; Affordable Housing, £0.63 per sq ft. Could you explain what methodology the London Legacy Development Corporation (LLDC) used to decide these categories and levels of charge?