Los Angeles is closer to making a formal bid to host the 2024 Olympics after publishing a new proposal.
Boston pulled out last month over cost concerns and with the United States Olympic Committee (USOC) having promised it would have a bidder, LA is set to step in just in time before the September deadline.
Its $US4.1 billion ($A5.75 billion) bid proposal, published on Tuesday, estimates the private sector will pay more than $US1.7 billion in additional venue costs.
"This is the first draft," Jeff Millman, a former mayor's aide who is now focusing on the bid project, told the Los Angeles Times.
"If Los Angeles is selected by the USOC, it will evolve in the months and years ahead."
LA has hosted the Games twice before in 1932 and 1984.
Competition for 2024 includes Paris, Rome, Hamburg and Budapest.
The International Olympic Committee will chose a host in 2017.
Share

