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COLORADO SPRINGS, Colo.—Colorado Springs Mayor Lionel Rivera has been cleared of a conflict-of-interest complaint stemming from a deal to build a new headquarters for the U.S. Olympic Committee.

The finding by the city’s Independent Ethics Commission was made public Monday.

Colorado Springs businessman Ron Johnson had filed the complaint after a construction contract for the USOC building was awarded to a company whose chairman was a former client of Rivera’s at UBS Financial Services, where Rivera is a vice president.

Rivera called the complaint unfounded.

Johnson says he has no regrets about filing the complaint. He says Rivera should have recused himself from the process.

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Information from: The Gazette,

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