• Question by: Peter Hulme Cross
• Meeting date: 16 November 2005

The Minister for Sport (Richard Caborn) stated in Parliament on October 18: `The London Council Tax precept will be used to fund the Olympics Delivery Authority (ODA) which, although focused on the Lower Lea Valley, will undertake work across the whole country.' Therefore Londoners will be paying, not just for London facilities but for facilities elsewhere. How much of the 38p per week that Londoners are paying for the Olympics will be spent outside London?

• Question by: Dee Doocey
• Meeting date: 16 November 2005

You still think those figures are okay?

• Question by: Angie Bray
• Meeting date: 16 November 2005

Therefore you think that is the way to negotiate, do you, with businesses ' to go rushing around saying to the press the biggest crisis, the biggest ransom note in history? That is a way you think is sensible?

• Question by: Angie Bray
• Meeting date: 16 November 2005

Therefore what is the limit?

• Question by: Angie Bray
• Meeting date: 16 November 2005

Is there a limit on how much the LDA is able to borrow in a year?

• Question by: Angie Bray
• Meeting date: 16 November 2005

Who will be paying the interest on that loan? Will that be passed back to Council Taxpayers?

• Question by: Angie Bray
• Meeting date: 16 November 2005

Who will be paying the interest on that loan?

• Question by: Angie Bray
• Meeting date: 16 November 2005

Who is funding the bridging loan, however, as you called it previously?

• Question by: Angie Bray
• Meeting date: 16 November 2005

Therefore there will be no borrowing, because she was talking about possibly having to borrow the money?

• Question by: Angie Bray
• Meeting date: 16 November 2005

If the Mary Reilly (Chair, LDA) prediction about it going above £1 billion is to be proved right, you are saying that Council Taxpayers will not to have to pay a penny towards that. Where will that money be coming from?