That is a whole lot of text for a logo. If you can't cut back some of the text, I'd say go with something like the first version - unless the swooshes are some how necessary. What do they symbolize? Do they mimic the architecture of the exhibition center?
As you have it now, the last two lines of text are much too small in comparison to "La Salle"; try shrinking it down to 1' wide, it will probably be too small to read. It was a good idea to try making the two bottom lines the same width as the top, but probably won't work with that much text.
The early bird may get the worm, but the second mouse gets the cheese.