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Video: When funding Dem convention, L.A. looks to private sector

LOS ANGELES (CNN) -- The city of Los Angeles is using the 1984 Olympics as its model for raising the money needed to fund this year's Democratic National Convention. This is the first U.S. political convention to be financed soley by private money, and in this video report, CNN's Jim Hill takes a look at how it's being done.

CNN's Jim Hill on how Los Angeles is footing the bill

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