Logo of the 2024 Los Angeles Summer Olympics. [File Photo: olympic.org]

The committee responsible for the bid of the 2024 Los Angeles Summer Olympics unveiled their official candidate logo for the games on Tuesday.

Around 100 Olympians and Paralympians joined LA's 2024 chairman Casey Wasserman and city mayor Eric Garcetti in downtown LA to celebrate the launch of the logo.

The unveiling process took place at the USC Skyscraper, which boasts one of the best panoramic views for the games venues.

During the ceremony, Mayor Garcetti spoke a few words to guests in attendance.

"The Olympic Games don't require a leap of faith. The Olympic require a leap of imagination. And I believe that no city on earth does imagination the way we do here in Los Angeles."

The logo has ties to the city's Spanish name and shows a soaring figure, symbolizing athletes, reaching for their dreams.

Currently LA is competing against Paris, Rome, Hamburg and Budapest.

The winner will be decided by the International Olympic Committee in 2017.