London Assembly member, Richard Tracey today publishes a report calling for London boroughs councils to cease funding the Lee Valley Regional Park in five years with a view to making it self-financing.
The Park, which covers 26 miles from north east London to Essex and Hertfordshire, is part-funded annually by all of London's borough councils under a 1966 Act of Parliament, last year to the tune of £8.9m.
Richard Tracey is calling on the Government to change the law to end these funding arrangements and recommends that the Lee Valley Park is given five years to become self-financing.
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