City officials have been touting plans to host the 2024 Summer Olympics as a win-win for Los Angeles that will result in a surplus, but city analysts, in a report released late Thursday, are questioning the plan, saying basically the projections are vague, the Los Angeles Times reports. The report, for example, said the proposed Olympic village next to the Los Angeles River “may significantly exceed” the $1 billion expected cost and said the Union Pacific Corp., which operates a rail yard on the property, has “no plans or desire to vacate the site.” The City Council is expected to discuss the Olympic issue today.
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