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  • 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) [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) [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.
  • 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?