Los Angeles have signed more guarantees with city authorities ©Wikipedia

Los Angeles' political authorites have given another endorsement for the city's Olympic and Paralympic bid by approving all the guarantees vital for the second stage of their candidature.

The City Council have also voted unanimously to approve a Joint Marketing Programme Agreement (JMPA) with the United States Olympic Committee (USOC).

Both guarantees will be included in the second part of the Candidature File due to be submitted in Lausanne on October 7.

This follows California Governor Jerry Brown signing a bill into law which would provide up to $250 million (£192 million/€222 million) in financial support.

"Today's unanimous approval by the Los Angeles City Council of LA 2024's Stage Two guarantees and the USOC Joint Marketing Programme Agreement is another vote of confidence for our bid," claimed LA Mayor Eric Garcetti. 

"I'm very pleased that the City of Los Angeles and LA 2024 have built a close relationship working towards our shared goal of hosting a fiscally responsible and innovative Games in 2024."

This comes in a week in which a Town Hall meeting with athletes has also taken place to raise local support ©LA2024/Facebook
This comes in a week in which a Town Hall meeting with athletes has also taken place to raise local support ©LA2024/Facebook

City authorities are not required to give final approval to the proposed Games budget until the third part of the Candidature File is submitted on February 3.

"Today, the Los Angeles City Council reiterated our strong support for the LA 2024 Olympic and Paralympic bid, which relies on existing world-class venues, housing and transportation infrastructure to reduce risk and costs," added Los Angeles City Council President Herb Wesson.

"With our partnership with LA 2024, Los Angeles is ready to grow the Olympic Movement and bring the Games back to the City of Angels."

The JMPA is a key partnership between any Olympic bid city and its national governing body, as it combines all marketing assets into a single programme so they don't compete with each other.

This comes as pressure begins to ramp up in a race officially still consisting of the three other cities of Budapest, Paris and Rome.

The Italian capital, however, appears poised to withdraw after the city's Mayor Virginia Raggi refused to endorse the bid.

A final decision will be made at the International Olympic Committee (IOC) Session in Lima on September 13.