A Code of Conduct and Ethics Policy, a Conflict of Interest Policy and a Diversity Resolution were all approved.

"These are truly going to be the bedrock of our values as we move forward," chair Cindy Crane said of the documents.

The Salt Lake City-Utah Committee for the Games was formed earlier this year to lead a bid for Salt Lake City to host a future edition of the Winter Games.

With Beijing hosting in 2022 and Milan and Cortina d'Ampezzo doing so in 2026, the next available Winter Olympics are in 2030 - but that is just two years after Los Angeles, also in the United States, is due to host the Summer Games.

As such, bidding for 2034 is an option, but Crane and President and chief executive Fraser Bullock underlined that a decision on what year's event to bid for was not yet reached.

There have been "many, many active dialogues" with the International Olympic Committee (IOC) and International Paralympic Committee (IPC) in recent months, Bullock said, as the group assesses the situation.

Chief among its aims is to turn Utah and Slat Lake City into a "domestic and international sport powerhouse", according to Bullock.

He accepted that the coronavirus pandemic means there is now "more uncertainty, more risk" involved in a potential bid - meaning "we need more information" and will continue discussions with the IOC, IPC and United States Olympic and Paralympic Committee.

The budget plan currently being worked on will include figures calculated in both 2030 and 2034 dollars, taking into account factors such as inflation and the expiry of some IOC commercial deals.

The Governing Board received an update from the Athletes' Committee - co-chaired by four-time Olympic speed skater Catherine Raney-Norman and Chris Waddell, an 11-time Paralympic medallist in Alpine skiing.

In Raney-Norman and Waddell, the Salt Lake City-Utah Committee for the Games "really have the dream team" leading the Athletes' Committee, Bullock remarked.

Sochi 2014 skeleton runner-up Noelle Pikus-Pace, golfer Tony Finau, legendary speed skater Eric Heiden - a winner of five gold medals at the Lake Placid 1980 Winter Games - and fellow Olympic skating champion Apolo Ohno are also members of the 11-person Athletes' Committee, which Raney-Norman expects to grow.

It is one of five committees established by the Salt Lake City-Utah Committee for the Games.

A Host Venue and Communities Committee - co-chaired by Salt Lake City Mayor Erin Mendenhall and Park City Mayor Andy Beerman - Finance Committee, Audit Committee and Nominating and Governance Committee are also in existence.

Salt Lake City hosted the Winter Olympics and Paralympics in 2002, when Bullock was the chief operating officer.

Japanese City Sapporo has received national Olympic Committee backing to bid for the 2030 Games, while those organising Salt Lake's campaign identify Vancouver and Barcelona as potential rivals as well.

A full Salt Lake City-Utah Committee for the Games meeting is due to be held in November.