Local residents concerned about the planned expansion of the Squaw Valley ski resort have launched an effort to incorporate the Olympic Valley village into a formal California town so they'll have more control over future development at the mountain resort north of Lake Tahoe that hosted the 1960 Olympics.

Leaders of Incorporate Olympic Valley submitted a formal application for incorporation late last month and put down a $25,000 deposit with the Placer County Local Agency Formation Committee.

Group chairman Fred Ilfeld says more than 600 area residents signed a petition in support of incorporation.

The county committee now will conduct an analysis of the fiscal viability of incorporation.