The U.S. Olympic Committee and Los Angeles officials agreed to terms on a 2024 Olympic bid, according to the Los Angeles Times and The Associated Press, citing unnamed sources close to the situation.
The bid can’t become official until, at the earliest, Tuesday, when the Los Angeles City Council is slated to vote to approve the bid.
On Aug. 12, USOC leaders said they hoped to wrap up a Los Angeles 2024 Olympic bid by the end of August. The deadline to submit a 2024 Olympic bid to the International Olympic Committee is Sept. 15.
Budapest, Hamburg, Paris and Rome are other confirmed bidders. IOC members will vote to choose the 2024 host city in 2017.
The previous U.S. 2024 bid from Boston was dropped July 27. Los Angeles was one of four finalists, with Boston, San Francisco and Washington, D.C., for the U.S. bid.
Last week, Los Angeles officials published a bid book with details of the 2024 plan, including venues, renderings and a logo.