The Independent Voters of Illinois-Independent Precint Organization (IVI-IPO) has joined No Games Chicago to oppose Chicago’s bid for the 2016 Summer Olympic Games.
In a statement released Monday the group cites Chicago’s “long history of being unable to contain special projects costs” and the violation of the “initial promise that ‘not a dime’ of taxpayer money would be used”.
In a newsletter IVI-IPO said the recent revelation that the International Olympic Committee (IOC) host city contract will require the City of Chicago to be liable for all cost overruns puts city residents in a precarious position, especially when the city is facing severe budget cuts. The group calls the Olympics a “wonderful institution, but the city’s record of extreme cost overruns on large projects makes this a bad deal for Chicago residents”.
The IVI-IPO has been in existence since 1944. According to its webiste the organization’s primary tools are voter’s registration, voter information and candidate endorsement.