1. LA 24 Candidature Committee
September 26, 2016

2. Primary Recommendations
Authorize GM of RBOC to submit written guarantee to LA24 to have Rose Bowl be considered for up to 7 Olympic events
Authorize Mayor to submit a letter to the IOC in order to express the city’s commitment to work with the City of LA in an effort to bring the Olympics
Authorize City and RBOC to work together on Venue Use Agreement that would be required, subject to approval of RBOC/Council

3. Guarantee letter highlights
Exclusive use period (July 5- August 8)
Non-exclusive use period beginning June 15
Olympics pays all expenses, assumes liability and will make a minimum of a $2 million capital improvement in stadium that must be mutually agreed upon
Capital Improvements expected to be determined as part of Venue Use Agreement

4. Mayor’s letter highlights
City guarantees:
Will not authorize additional events in Pasadena that would overtax its public safety and welfare resources
Any improvements constructed as a result of the games will comply w/all laws
City will work with IOC, Dept of Homeland security and OCOG ensure a safe celebration of the games

5. Displacement events 2024 Current tentative schedule
Contractually required events (10-11)
6/7 UCLA
1 Rose Bowl Game
3 Music & Arts Festival (assuming contract option is exercised)
Olympics (up to 7 total)
SUBTOTAL (17-18)
Council could be asked to make findings for additional events
1 July 4
1 Autism walk
2 Concert and/or soccer

6. Findings Needed to be made
Additional event represents a unique opportunity that will enhance stature of Rose Bowl
Revenue generating potential from the additional events justifies its consideration
It is anticipated that this event will not create undue conflicts with Arroyo Seco activities
Event does not impose undue adverse impacts on the surrounding area