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The Board of Directors of the U.S. Olympic Committee announced this morning that interim CEO Stephanie Streeter will not be a candidate for the CEO position. The announcement comes days after Chicago lost its bid to host the 2016 Olympics. A statement from the USOC says Streeter told officials she did not wish to be… Continue Reading USOC to begin search for CEO, Streeter won’t be considered

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Attorney Lindsay Fischer said this morning that he intends to appeal District Court Judge Scott Sells’ decision to dismiss his suit against the city. “I suppose if someone came into the office and held a gun to my head and said ‘don’t appeal,’ I wouldn’t,” Fischer said, “but otherwise I’m going ahead.” Fischer sued to… Continue Reading Fischer to appeal USOC decision

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Attorney Lindsay Fischer filed a 25 page response yesterday in his lawsuit against the City of Colorado Springs, which alleges that the city’s plan to mortgage the Police Operations Center and Fire Station 8 and use the proceeds to pay for the proposed retention package for the U.S. Olympic Committee is illegal. Fischer filed the… Continue Reading Fischer files response in USOC case; judge may rule tomorrow

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Will the sorry saga of the U.S. Olympic Committee deal ever end? The city’s plan to mortgage the Police Operations Center and Fire Station 8, and then hand over the proceeds as part of the deal was at best a dubious scheme. Apparently dazzled by the grandeur of their plans, city officials and their legal… Continue Reading Relying on blind faith instead of hard data no way to run city

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The author of the economic impact analysis describes the study as ‘the ultimate downside risk analysis.’
Continue Reading City can’t find data used to justify USOC deal

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Attorney Lindsay Fischer filed a lawsuit yesterday afternoon in El Paso County District Court challenging the city’s proposed issuance of certificates of participation to fund the proposed economic development agreement between Colorado Springs and the U.S. Olympic Committee.

Continue Reading Fischer sues to prevent COPs from being issued without a vote

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Selection of a general contractor to complete interior work on the U.S. Olympic Committee headquarters building at 27 S. Tejon St. will be handled through a formal city bid process. “There is no inside track,” said city spokeswoman Sue Skiffington-Blumberg. Lee Jenniges will be the city’s contact for the project award. The deadline for responses to the… Continue Reading RFP published to finish USOC building

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City approves USOC deal

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At a brief and sparsely attended meeting this afternoon, City Council approved the new economic development agreement with the U.S. Olympic Committee and agreed to settle the lawsuit that LandCo Equity Partners filed against the city in federal court.
Continue Reading City approves USOC deal

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Attorney Lindsay Fischer, who has publicly expressed doubts about the legality of the city’s plan to fund the economic development agreement with the U.S. Olympic Committee, says the city is making last-minute changes to the deal’s funding structure.

Continue Reading Fischer: City changing COPs plan

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