LeRoy residents now know a little more on what the future of the Leisureland Park will hold.

After months of speculation, the park board announced that Pac West Properties, a private investor out of Vancouver, will take over the park as of October 31st.

It was announced at the park's annual general meeting last night (Wed).

Many locals as well as the provincial NDP argue the sale should have been made public a long time ago.

But Current Park Treasurer, Leona Wakelam, says there is no need to worry, as it's under contract that the pool, golf course, and campgrounds remain open.

She says they were in a tough position, because the park wasn't generating enough revenue and has been in financial difficulty over the past few years.

Wakelam believes that the estimated 120 people that attended the meeting left with a mindset of closure and happiness, due to the fact that the park looks to have a bright future.

Financial details won't be announced from the sale until Pac West takes over.

(jl aug 23/12)