Agenda item

Foundation for FutureLondon – Funding

The Chairman advised that he had met with the Chairman of the Foundation for FutureLondon. The Foundation had been set up to establish a culture and education district at the Queen Elizabeth Olympic Park and the meeting followed a request for the City Corporation to consider making a financial contribution to the project. Whilst the initial request was declined a further proposal has since been received from the Foundation involving a lesser sum. The Chairman advised that this was currently being looked at and that it might be the subject of a future report to the Committee.