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Olympic Games: Greater London

Volume 459: debated on Wednesday 2 May 2007

To ask the Secretary of State for Culture, Media and Sport whether she expects London council tax payers to receive a refund following the sale of land after the Olympic games have been held. (133290)

To ask the Secretary of State for Culture, Media and Sport if she will place in the Library a copy of the revised memorandum of understanding with the Mayor of London on the costs of the London 2012 Olympics and Paralympic games; and if she will make a statement. (134171)

My statement to the House on 15 March, set out that the Mayor of London and I have agreed to rewrite our memorandum of understanding to put in place profit sharing arrangements to enable the lottery and future regeneration needs of the local area to benefit from the returns on the investment that we are making in the Olympic park.

Work on this has begun; when it is completed I will have a copy of the revised memorandum placed in the Library of the House.