LA City Council approves contracts with International Olympic Committee to host 2028 Olympics

At the July 31 announcement in Carson that Los Angeles has been named to host the 2028 Olympic Games Mayor Eric Garcetti is flanked by IOC member Anita Defrantz left City Council President Herb Wesson L.A. Olympic bid committee president Casey Wasserm

The LA 2028 bid committee has said it can stage the Games without public money, covering all costs through corporate sponsorships, ticket sales and other revenue sources. Yet it is hustling to approve a new deal within days.

Included in the MOU are provisions that give the city representation on the LA 2028 Board of Directors, require City consent over any significant venue changes and quarterly LA 2028 presentations to the Council in its first three years of operations.

Today the City Council Chamber was buzzing with 50 Olympic and Paralympic athletes and City leaders who joined LA 2028 to express their support for bringing the Games back to LA.

The Los Angeles City Council will have more involvement with the Los Angeles 2028 Olympics than it did with the city's bid for the 2024 Summer Games.

The endorsement on Friday authorises LA Mayor Eric Garcetti and Council President Herb Wesson to sign a "tripartite" agreement between the cities of Paris and Los Angeles, each nation's Olympic committee and the IOC, which will ensure the two cities to be awarded the two Games in 2024 and 2028 simultaneously.

The council members voted 12-0 in favour of signing off on the documents which would see the city host the Summer Games for the third time in history.

"My top priorities in this process are to protect Los Angeles taxpayers and create new opportunities for young Angelenos to play sports, and be healthy", Garcetti said in a statement before the vote.

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"Look, there's 11 years before the Games, so it wouldn't hurt if they took a year or even six months instead of rushing", said Jed Parriott, an organizer of the NOlympics LA group.

"We're really disappointed in today's result", said Steve Ducey, a spokesman for the "No Olympics Los Angeles Coalition", citing the city's problems with homelessness, which has risen 23 percent in the past year according to the latest city data.

LA 28 could save tens of millions in waived Olympic fees and will not have to pay the IOC a customary 20% of any surplus should the Games turn a profit, which they did when L.A. hosted them in 1984.

However, both Assembly Speaker Anthony Rendon and Senate President Pro Tempore Kevin de Leon have submitted letters to the council stating their support for the '28 bid and commitment to work to secure the funding, which would be used to cover any budget overruns.

Earlier this week, a report by the City Administrative Officer and Chief Legislative Analyst stated that committing to the Olympics more than a decade in advance would bring "greater uncertainty". "Together with the united support of the City Council and the people of Los Angeles, we will deliver the greatest Games possible in 2028". Nor will they have an independent evaluation of that updated budget.

The LA City Council still needs to approve the new MOU at its meeting on August 11.

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