Olympic symbols Rio de Janeiro, Brazil, and has since then been passed on to the next organizing city of the Summer Olympics, Tokyo. For the inaugural Youth Olympic Games, an Olympic flag was created for the junior version of the Games. The flag is similar to the Olympic flag, but has the host city and year on it and was first presented to Singapore by IOC President Jacques Rogge. During the closing ceremony on 26 August 2010, Singapore officials presented it to the next organizing committee, Nanjing 2014. For the inaugural winter Youth Olympic Games, an Olympic flag was presented to the
Chicago bid for the 2016 Summer Olympics and the media. IOC president Jacques Rogge praised Chicago's design in November 2007 as a possible "blueprint for the future", reflecting the desire of the IOC to make the games both more affordable and to have a smaller ecological footprint on the host city. The Olympic Village for housing athletes during the games would have been a $1.1-billion series of newly constructed lakefront buildings that would have been converted to rental and condominium units after the games. The village was to be located immediately south of McCormick Place, which was expected to host 11 event venues, on a current truck