Lord Coe spoke out as the row mounted over unfilled seats in several Olympic venues.
Last fall, the city gave the land to Olympstroy, the state company building Olympic venues.
ATMs at Olympic venues have been replaced by Visa ATMs, as part of an exclusivity deal.
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After a thunderous summer of drama, noise and sporting glory, the now-famous Olympic venues of East London have fallen silent.
Sections of temporary buildings from London 2012 Olympic venues will be used while the art block is rebuilt.
It does not apply to those working on construction of the Olympic venues.
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And Olympic venues are free of the advertisements that encircle other sporting arenas.
In Athens, host of the 2004 Games, many Olympic venues have been abandoned.
They are well out of earshot of the main Olympic venues and police permits will be needed (five days' notice required).
London's recently-elected mayor, Boris Johnson, recently criticised organisers of the 2012 games, saying there was no "legacy masterplan" for the Olympic venues.
According to the report, Visa has also removed 27 ATMs from Olympic venues and replaced them with just eight Visa-only cash machines.
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This policy also pertains to the areas immediately surrounding the Olympic venues.
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The golf course will be built at Reserva de Marapendi in Barra da Tijuca, the district that will contain the largest number of Olympic venues.
Officers at Olympic venues will focus on preventing crime and keeping people and their property safe, while G4S is responsible for the security operation, it says.
But Mr Paes has promised to transform the city's infrastructure, and the government says all of the Olympic venues will be finished a year before the Games start.
In London, a new air tram cable car spanning the Thames River opened this week, connecting visitors with Olympic venues and giving them spectacular views of the city.
Each time the TV cameras swoop over the smiling crowds in the Olympic venues, we are reminded that we can match anyone when it comes to putting on a show.
We learned a bit of history, such as how the city washed two million pounds of soil that had been contaminated by industry and that are now clean lots for the Olympic venues.
Discussing the legacy of the Olympics, on BBC Radio 2, Prime Minister David Cameron said "bottling" the volunteering spirit demonstrated by those working across the Olympic venues was also "vital".
The Games Lanes are located in one lane in either or both directions on key roads linking Olympic venues - they are in place on 30 miles of key London roads.
If West Ham's owners sell in the next 10 years, they will have to give a share of the sale to the company in charge of securing a legacy for London's Olympic venues.
One of the world's leading engineering firms, they have already been responsible the City of Manchester Stadium, the Allianz Arena in Munich as well as the main Olympic venues in both Sydney and Beijing.
As Beijing prepares to host the summer Olympic Games in less than three months, officials were quick to report that the city's dozens of Olympic venues were built to withstand earthquakes and that none had suffered damage.
The Hackney Weekend (23 and 24 June) will be the biggest free ticketed music event in the UK this year, featuring some of the biggest acts on the planet and all just a shot put throw from the Olympic venues.
Once they reach the mountain's base via train, passengers will take one of 17 gondolas up to a ski resort and Olympic competition venues.
It will be transported to Devon in the summer of 2010 for storage and will be towed to the Olympic sailing venues in Dorset during the competition in July 2012.
The budget outlined by Ms Jowell on Thursday largely covers construction costs of the Olympic Park and venues.
Part two focuses on the Games' legacy and on the construction of five permanent sporting venues - the Olympic stadium, aquatics centre, velo park, handball arena and Eton Manor - and three other temporary venues.
Chairman of London 2012 Sebastian Coe told the session that the venues and Olympic Park would be ready "in plenty of time to test and practise".
But there are more than 600 favelas in the city, and critics say the pacification programme only benefits areas near richer neighbourhoods popular with tourists or Olympic and World Cup venues, our correspondent adds.
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