Signs are set to be put up in Farington Park, off Stanifield Lane, warning children of the dangers of playing near deep water.
As previously reported in the Guardian, Farington parish councillors Paul Wharton and Mike Otter have been calling for the notices to be put up around the fishing pond in the well-used family park.
South Ribble Council is carrying out improvement works to the banking, and has now agreed to install the signs too.
Coun Wharton said: “It’s brilliant that they have taken on board our comments and are taking water safety seriously, and looking into what we can do to help.
“There has been a lot of publicity about open water space and there have been some tragic accidents in the area recently, so we want to make sure we do all we can to stop it from happening in Farington.
“I’m really pleased we are able to do this now.”
In 2011, Chorley teen Dylan Ramsey died after swimming with friends in Hill Top Quarry in Whittle-le-Woods.
And last May, 15-year-old Thomas Barton, also from Chorley, drowned at Birkacre Brow, part of the Yarrow Valley Country Park.