Colorado plans to pursue Olympics subject to voter approval#+Ru

GNews
DENVER (AP) - Colorado leaders plan to pursue the Winter Olympics - but only if voters back the idea. An exploratory committee that has been reviewing whether or not to pursue the Olympics announced Friday that Gov. John Hickenlooper and Denver Mayor Michael Hancock have accepted its recommendation that Denver and Colorado pursue a bid subject to approval of a statewide referendum in 2020 or later. This time, the committee thinks the Olympics can be held with private money - meaning it wouldnt require a public vote, which is needed to raise taxes or issue debt in Colorado. The committee plans to finance it through a mix of private sponsorships, ticket and operational revenue and an estimated $559 million contribution from the International Olympic Committee.
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