§ Mr. MorganTo ask the Secretary of State for Wales, pursuant to his strategic guidance note of 13 March to the Cardiff Bay development corporation, what was the total estimated gross capital cost of the Gwent bird reserve on the assumption of a £5.7 million pubic sector contribution and private finance initiative scheme for the private capital investment. [23132]
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§ Mr. HagueThe Cardiff Bay development corporation is committed to providing £5.7 million to the Gwent bird reserve scheme. If the private finance initiative option is pursued, this will be used to maximise the value for money from the public sector contribution.
§ Mr. MorganTo ask the Secretary of State for Wales, pursuant to his strategic guidance note of 13 March to the Cardiff Bay development corporation, if he will list the later developments referred to as providing the justification alongside the corporation's 1995 corporate plan which led him to set the level of grant in aid for 1996–97 at £51.641 million. [23136]
§ Mr. HagueDevelopments since August include the issue of a private finance initiative prospectus for the Bute avenue development; faster than expected progress on the £200 million NEG-Schott inward investment at Ocean park; and the prospect of a major private sector investment at Ely fields.
§ Mr. MorganTo ask the Secretary of State for Wales, pursuant to his strategic guidance note of 13 March to the Cardiff Bay development corporation, by what amount he expects the corporation to(a) reduce its consultancy expenditure and (b) increase its direct running cost expenditure. [23137]
§ Mr. HagueCardiff Bay development corporation's planned budget in 1996–97 for consultancies has been reduced by £1 million and the budget for running costs increased by £0.49 million. This will reduce total planned expenditure on consultancies and running costs by £0.51 million.