Skip to main content
Mayor of London logo London Assembly logo
Home

Search questions

Filter results

Asked of 1

  • Challenges and Risks (Supplementary) [5]

    • Question by: Andrew Boff
    • Meeting date: 10 March 2010
    Andrew Boff has already mentioned about the £450 million coming into the OPLC for the 25 year programme from 2013. It is the idea of this funny money coming in. You mentioned earlier the property development market for housing at the moment is quite poor. How much of this finance and the 40% land that you will be working on will actually go to housing for the community and, of that, how much will go towards council renting property? I do not understand the concept of affordable housing. How many houses do you intend to build on this complex and...
  • Challenges and Risks (Supplementary) [6]

    • Question by: Kit Malthouse
    • Meeting date: 10 March 2010
    I wanted to explore your not-for-profit status. My assumption, from what you are saying, is that, with the not-for-profit status of the Legacy Company, it is not, therefore, envisaged there will be any return to the shareholders at any point, and that any surplus that may or may not arise would be ploughed back into the Park effectively. You are saying it may be the case that actually it is the reverse; it is not only a not-for-profit company but it might be a, 'We need more money company' and that you might look to the shareholders for more money...
  • Future of Olympic Stadium (Supplementary) [1]

    • Question by: Kit Malthouse
    • Meeting date: 10 March 2010
    It sounds to me like you are saying, in coded language, that the retention of the athletics obligation is a disincentive, effectively, for commercial companies to come forward and use the stadium. Is that right?
  • Future of Olympic Stadium (Supplementary) [2]

    • Question by: Murad Qureshi
    • Meeting date: 10 March 2010
    No, no, the last two. I will explain if you let me. The stadium for the Moscow 1980 Games, the first time it got used in any way was the 2008 Champions League Final, 28 years afterwards. We certainly do not want that situation. Last year we had the Rome Stadium. That was an Olympic Stadium in 1960 and that was, clearly, used by two clubs: Roma and Lazio. They did not seem to have any problems about their fans watching football around an athletics track, they are just as fanatical as any fans in London certainly, and they maintained...
  • Future of Olympic Stadium (Supplementary) [3]

    • Question by: Gareth Bacon MP
    • Meeting date: 10 March 2010
    Like Dee I have some concerns about the athletics' commitment in the Stadium and I think one of the major stumbling blocks to making that Stadium have a viable legacy is the insistence on retaining the running track round it. I am not saying anything new in terms of saying the football clubs do not like playing in stadiums where there are athletics tracks round the pitch and the reasons for that are all very well documented. How many times is it anticipated that the Stadium would be used for athletics events, if the athletics track is retained - in...
  • Future of Olympic Stadium (Supplementary) [4]

    • Question by: John Biggs
    • Meeting date: 10 March 2010
    I never rabbit on! I was very impressed by Kit Malthouse's questions about commerciality. I may not reach the same conclusion as him in applying that to the questions about the Stadium. I think it does present us with some pretty hard challenges. Essentially that it is very difficult to have the intimacy of a football crowd close to the pitch, with an athletics stadium which has to be quite a lot bigger. I had two questions: one - which I am pretty sure you cannot answer, but perhaps we could get an answer to outside of here - is...
  • Future of Olympic Stadium (Supplementary) [5]

    • Question by: Richard Tracey
    • Meeting date: 10 March 2010
    I do not want to take up too much time on this, but can I just ask you have you looked at the way that the Manchester Stadium was dealt with where Manchester got the contract for the Commonwealth Games, then they did a deal with Manchester City and then the designing of the stadium took all this in mind before the Commonwealth Games? It seems, to me, a route to look at.
  • Olympic Land Debt (Supplementary) [1]

    • Question by: Mike Tuffrey
    • Meeting date: 10 March 2010
    I want just to pursue this issue of what the land is fit for. You talked about longer term development and you talked about family housing and so forth. We had a meeting of [the Assembly's] Budget and Performance Committee a couple of weeks ago and the LDA, when pressed about the debt, said that a fair chunk of the debt actually will still sit in the LDA's books to pay off the bills for the remediation so the issue of remediation then came up. Could I therefore just be clear what your understanding of the condition of the land...
  • Land remediation (Supplementary) [1]

    • Question by: John Biggs
    • Meeting date: 10 March 2010
    ): Are we at the section of the meeting where we are asking more general questions? I wanted to come back to somewhere close to where we started, informed by the discussion we have had. My question is to be clear about who you are accountable to because is there not a risk that you are accountable to so many different layers in so many different ways that, de facto, you are accountable to nobody? By which I mean you are accountable to your directors, obviously, your Board, and you are accountable to your shareholders, 50/50. I think the wider...
  • Land remediation (Supplementary) [2]

    • Question by: Kit Malthouse
    • Meeting date: 10 March 2010
    On remediation, are you aware of any warranty protection that the ODA might have on remediation with the contractors and, if so, will you inherit it? If not, is there a general remediation insurance policy in place for any works that may or may not be needed, and are you going to inherit and therefore keep that one on?