Three million dollars from El Pomar for USOC Deal

By Bill Folsom

Three million dollars from El Pomar for USOC Deal

Posted : Nov 9, 2009 4:11 PM

A three million dollar grant from the El Pomar Foundation satisfies The City of Colorado Springs commitment for ensuring the United States Olympic Committee remains in Colorado Springs for decades to come. With a deadline a week away, the El Pomar Foundation Board stepped up with the money.

The three million dollar announcement was made by foundation C.E.O., Bill Hybl.  He pointed out that, El Pomar Foundation which is known for granting money to many human service organizations, also works to build stronger communities. "We think the U.S. Olympic committee plays a vital role as part of the fabric of this community."

With money in place, crews now move forward to complete the new U.S.O.C. headquarters in downtown Colorado Springs. The U.S.O.C. should be able to move in by mid march.

 

 

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    read this at Nov 9th 2009 7:18 PM

    so how much did the taxpayer have to pay to support the USOC? Parks and recreation facilities are closing but we still have the USOC....

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