By rdnewsNOW Staff

Seven-Year Term

Vesta Energy Ltd. acquires naming rights to Lacombe’s Eastside Recreation Area

Apr 6, 2022 | 1:21 PM

Lacombe city council has approved a proposal from Vesta Energy Ltd. to purchase the exclusive naming rights to the community’s Eastside Recreation Area, creating the new Vesta Energy Fish & Fetch Park.

City officials say Vesta’s approved proposal is for $17,500 per year over a seven-year term, with an option to renew before the agreement’s conclusion.

“Lacombe city council is excited to have a proven local business like Vesta Energy take on the naming rights for the Eastside Recreation Area,” said Mayor Grant Creasey. “Vesta’s commitment to their local community is to be commended, and I know Lacombe dog owners, fish and game enthusiasts, and outdoor lovers of all kinds will enjoy the Vesta Energy Fish & Fetch Park for years to come.”

“Vesta Energy is thrilled to participate in the Eastside Recreation Area development project. Supporting the development of community outdoor activity space fits perfectly with our sponsorship platform that is targeted to support and enrich the local communities in which we operate. We look forward to the opening and use of Lacombe’s latest recreational area, the Vesta Energy Fish & Fetch Park,” said Mark Lansing, Vesta’s VP HSE & Sustainability.

City officials say work on the site is ongoing but users can expect features to include a fully fenced dog park with agility equipment, solar lighting, potable water, dedicated parking, and a small dog area.

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Adjacent to the new dog park, the Lacombe Fish & Game Association has improved the west fishpond area, including a new aerator, casting docks, and a pedestrian bridge that improves overall access and functionality throughout the park.

City officials say the agreement aligns with council’s strategic plan for City administration to look for innovative opportunities for sponsorship and advertising on City-owned equipment and infrastructure and identify alternative revenue sources to help keep taxation below annual inflation.

A grand opening of the Vesta Energy Fish & Fetch Park is expected this summer.