DD1206 LLDC grant assistance to LB Newham relating to the Stadium

The London Legacy Development Corporation (“Legacy Corporation” or “LLDC”) seeks Mayoral consent to the LLDC’s decision to provide grant assistance of £210,000 to the London Borough of Newham for a training/brokerage resource over the period 2014/15 to early 2016/17. Approval is required under Section 213 of the Localism Act 2011 and Paragraph 3.2 of the LLDC Governance Direction 2013, because the grant value exceeds the Legacy Corporation’s delegation level for giving financial assistance by grant as approved under DD854.

The Executive Director of Housing and Land, or any member of staff specified in Annex 2 to the Mayoral Scheme of Delegation is authorised (under MD1166) to discharge and exercise the Mayoral functions under the LLDC Governance Direction 2013 and Localism Act 2011.