- The Washington Times - Wednesday, June 10, 2009

COLORADO SPRINGS, COLO. (AP) - The U.S. Olympic Committee has been dismissed from a lawsuit filed by the company building a new USOC headquarters in Colorado Springs.

The USOC and LandCo Equity Partners said Wednesday they have resolved their disputes over the project.

LandCo hasn’t settled its suit against the city of Colorado Springs.

LandCo, the city and the USOC agreed to the $53 million plan in March 2008 with the intention of keeping the sports organization, the Olympic training center and home offices for a handful of Olympic sports in Colorado Springs for 25 years.

But a down economy caused a delay in the project. In March, LandCo filed a lawsuit alleging the USOC and the city failed to hold up their ends of the deal.

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