The future north west athletic park in the town of Olds will be known as the Rotary Athletic Park of Olds. The naming rights for the natural life of that facility were approved by Olds council at the Monday, September 25th meeting. That decision followed the donation of a half a million dollars from Rotary Club of Olds towards the park over a five year period (or less), commencing immediately with $50,000 dollars through a confirmed agreement with the town.
Olds council approved a pair of motions on Monday, September 25th regarding the town's future north west athletic park.
A donation of $500,000 dollars from the Rotary Club of Olds towards the park over a five year period (or less), commencing immediately with $50,000 was accepted.
The town's Chief Operating Officer, Doug Wagstaff, says council then approved the naming of the NW athletic park to the Rotary Athletic Park of Olds for the natural life of the facility.
The timeline they are working with for the facility has a construction completion date targeted for the summer of 2018, according to Wagstaff.
He says the town has been impressed with the fundraising support the future NW athletic park has received.
Wagstaff calls the town of Olds a community building community.
Jordan Cleland, President of Jordan Cleland Consulting, is the Chief Fundraising Agent for the town of Olds on the NW athletic park project.
Cleland adds, the fundraising effort - which has collected more than $673,000 dollars so far - is designed for augmentation and enhanced features at the park.
He had set a goal of raising at least a half a million dollars for the project.
Cleland was asked how important it is to have a name attached to a project like this one.
The town of Olds has committed $3 million dollars over the 2017-2018 budgets towards the new multi-purpose athletic park to be located immediately north of the Cornerstone Development.
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