Chicago's Olympic Committee to hold fundraiser

June 19, 2008 8:46:45 AM PDT
Chicago's Olympic Committee has a major hurdle to clear in raising money for its bid for the 2016 Summer Games. According to published reports, the city's bid has already cost more than $9 million and will cost $40 million more.

The city's Olympic Committee is planning a fund-raising event and celebration at Millennium Park. The "Chicago Believes" party will be July 14th and will include Olympic athletes.