S.F. Begins Effort To Land '24 Games IOC's Bach: Reform Will Make Bid Process Friendlier IOC Releases Reform Agenda Beijing Seen As Front-Runner For '22 Games Giants' Baer Leading Bay Area's '24 Bid USOC May Help Colleges Fund Olympic Sports Boston Bid Hinges On Proximity Of Venues Boston Mayor Changes Tune On Olympics Bid Boston Bid To Use Computer Model To Make Case Could Oslo's Move Be Impetus For IOC Change?
OLYMPIC PARK FUNDRAISING BEGINS
Published November 9, 1994
The Atlanta Chamber of Commerce began its campaign to raise $10 million from local businesses for the $50 million Centennial Olympic Park. The Chamber has already received about $6 million in cash commitments from 15 companies, and Chamber President Gerald Bartels hopes to bring in even more than $10 million. Bartels: "This is the opportunity for companies who have been waiting to be asked to make a commitment but not at the level of major sponsorship." Dan Graveline, a leader of the park effort, said they have begun land acquisition which will cost about $31M, and F. Duane Ackermon, President of BellSouth Telecommunications and another leader of the park campaign, "hopes to bank all contributions by January to prevent a cash flow crunch" (Melissa Turner, ATLANTA CONSTITUTION, 11/9).