City of Lethbridge Economic and Finance Standing Policy Committee Agenda Sept 2025
City Launches EventCo, Approves $4 Million Annual Funding
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Description
The City of Lethbridge established EventCo, a new municipally controlled non-profit, to manage event facilities and attractions, allocating over $4 million in annual funding starting with the 2025 fiscal year.
Contract Details
Contract Amount
$4,100,000 (annual City funding to EventCo, projected); $400,000 (annual Government of Alberta funding)
Vendor
EVENTCO
Agency
City of Lethbridge, Canada
Contract Type
OTHER
Document Date
September 11, 2025
Contract Term
October 31, 2025 and ongoing (monthly reporting begins Nov 2025; first annual audit for 2025 fiscal year)
Renewal Info
Reporting and funding programs are ongoing; annual audit and monthly reporting commence with October 31, 2025 month-end.
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