U.S. Olympic office stays in Colorado

COLORADO SPRINGS, March 31 (UPI) -- The United States Olympic Committee announced Monday its headquarters will remain in Colorado Springs, Colo., for the next 25 years.

The decision came after the City Council voted to grant a $53 million package of incentives to keep the organization from moving.

Included in the package was a proposal from a private developer that will provide facility upgrades for athletes at the Colorado Springs Olympic Training Center, a new administrative headquarters for national governing bodies and a new administrative headquarters for the USOC.

"There has long been a special relationship between the United States Olympic Committee and the city of Colorado Springs, and we are pleased to announce today this relationship will continue," USOC Chairman Peter Ueberroth said.

The U.S. Olympic Training Center opened in Colorado Springs in 1977. In July 1978, the USOC administrative headquarters moved to Colorado Springs from New York City.