In 2012 on the 865th anniversary of Volgoda a monument to St Gerasim of Vologda was unveiled in the small park at the beginning of Ulitsa Burmaginykh on the banks of the River Vologda. St Gerasim is considered to be the founder of Vologda due to the Tale of the Miracles of St Gerasim of Vologda which mentions the saint founding a monastery close to the River Vologda in 1147. Such date is now officially considered the date of foundation of the city.