The Los Angeles City Council today unanimously approved a memorandum of understanding (MOU) with Los Angeles 2024 which formalizes the city’s relationship with the bid committee and role in the candidature process for the 2024 Olympic and Paralympic Games.
The MOU underscores LA 2024’s commitment to privately funding the candidature process and against committing any city funds without the city’s approval. It also reinforces LA 2024’s strong desire for a transparent candidature process, committing its leaders to meeting regularly with the city throughout the process. The Council's approval of the MOU comes after its unanimous 15-0 vote in September to support LA 2024's efforts to bring the Games back to the United States for the first time in 28 years.
Mayor Eric Garcetti said: "Los Angeles is a true Olympic City and one of the greatest sports cities in the world. I applaud the City Council's leadership today, approving the MOU, which brings us one step closer to returning the Olympic Games to our City. Los Angeles is ready to serve and strengthen the Olympic movement and build a new Olympic legacy."
Los Angeles City Council President Herb Wesson said: "This morning's action paves the way for the continued collaboration between the City of Los Angeles and Los Angeles 2024. Together we are ready to bring a historic third Olympic games to the City of Angels."
Los Angeles 2024 Chairman Casey Wasserman said: "On behalf of LA 2024, I would like to thank the LA City Council for their leadership and collaboration as we work to earn the honor of hosting the 2024 Games. Our dream, and the city’s dream, is to deliver an outstanding Olympic and Paralympic Games in 2024, and to do so in a way that fits the long-term needs of our city and its residents. Achieving this is only possible with the city’s support. We look forward to plenty more collaboration with the City Council in the months and, hopefully, years to come."
The agreement is subject to the approval of Mayor Eric Garcetti and is available for download at http://clkrep.lacity.org/onlinedocs/2015/15-0989_misc_01-11-2016.pdf
For more information visit LA24.org.
LA 2024 can also be found on the following social media channels:
Twitter.com/LA2024
Facebook.com/LA2024
Instagram.com/LA2024
YouTube.com/LA2024
20 Years at #1: Your best source of news about the Olympics is www.aroundtherings.com, for subscribers only
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