To me that sounds like being proactive in a good way about what it historic. Two hundred years from now, will Francis the Pig be something considered a key part of local history? Who knows, but perhaps so, and because of the investment in preserving the historical record now, that will be possible if so. I for one appreciate the local historical signage in the old part of the suburb I live in, detailing the history of various buildings and the people associated with them; it gives a connection to the past, and explains some things that otherwise seem like oddities, such as why the town has what appears to be a geographically inaccurate name.
This is the statue of Francis the Pig:
And this is Keith Mann, the musician I mentioned. It's hard to find a decent photo of his statue, so I snagged a screenshot from a YT video. His statue is in City Hall Park. He used to be holding a conductor's baton in one hand, but people kept breaking it off. Finally the artist got fed up with repairing it, so they've decided to omit the baton.
I remember sitting across from him at a production party following the final performance of "The Sound of Music" (in 1982). He said that he really wished Central Alberta Theatre would do a production of "Paint Your Wagon" as he'd love to conduct the orchestra for that.
Sadly, CAT never did do that musical. I'd have loved to work on it - it's about the California gold rush, and has some spectacular music in it.
In another 'sadly'... the person who narrated the short video about Keith Mann was Michael Dawe, who ran the Museum & Archives. He died recently, and I suspect that due to his incredible knowledge of the history of Red Deer and his service to the museum and city council, he will likely become one of the future ghost statues.