After Mayor Richard Daley triggered furious reactions last week by saying the city would take full financial responsibility for hosting a 2016 Summer Games, he promised to bring the details to the City Council for further discussion.
But the head of Chicago's bid team said Monday that information about the city's revised financial guarantees may not be disclosed for two months while additional insurance coverage is arranged.
"We can't go to the City Council today," bid team leader Patrick Ryan said at a press briefing Monday. "We'd look like dummies because we don't have it all complete."
Ryan said the beefed-up plan will be shown to the Council in 45 to 60 days -- a timetable that added to aldermanic dissatisfaction on the Olympics. Chicago Tribune report
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