Chicago 2016 Summer Olympic Games Bid Raises $9.4 Million

 Beijing London Chicago Association  (Chicago, IL): The "You Can Make It Happen" fund raiser dinner on March 1st 2007 raised $9.4 million for Chicago's 2016 Summer Olympic Games bid. Almost 2,000 people showed up at McCormick Place, Chicago's proposed Olympic Games venue, raising over three times the money bid insiders predicted less than a month ago. This brings the grand total raised so far by the Chicago 2016 Committee to in excess of $30 million, which is much more than the United States Olympic Committee(USOC) requires Chicago to have by March 31, 2007.

In a statement Patrick Ryan, the Chicago 2016 Bid committee Chairman, said, "While we have exceeded the minimum the USOC required us to have at our disposal, we will continue to ask for support as the process evolves."

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Chicago and Los Angeles, the last United States cities vying to host the 2016 Summer Olympic Games, will make presentations to the United States Olympic Committee on April 14, 2007. After Chicago and Los Angeles make their presentations the United States Olympic Committee is expected to decide which city will compete internationally to be the United States' host city for the 2016 Olympic Summer Games.

The United States Olympic Committee must submit a U.S. candidate city, if any, to the International Olympic Committee(IOC) by September 15 of 2007. Two years from now, in 2009, the International Olympic Committee is expected to render a final decision by picking the host city for the 2016 Summer Games from all remaining candidates worldwide. Possible worldwide candidates may include Madrid, New Delhi, Prague, Rio de Janeiro, Rome and Tokyo.

In other bid news the United States Olympic Committee itself was busy as well on March 1. Eleven United States Olympic Committee members toured the City of Los Angeles by bus as the committee began the final inspection process of that city. Next week United States Olympic Committee officials arrive in Chicago.

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