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Author Topic: KENTUCKY KINGDOM: FAIR BOARD STRIKES DEAL WITH SIX FLAGS  (Read 2810 times)

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Offline GADVwow

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KENTUCKY KINGDOM: FAIR BOARD STRIKES DEAL WITH SIX FLAGS
« on: July 23, 2010, 05:40:36 AM »
Let's see:

Subject to the approval of the Six Flags bankruptcy judge in Delaware:

* Fair Board gets all rides except Roadrunner Express...Six Flags to move it out.

* Six Flags conveys the nearly 20 acres it owns to the Fair Board.

* Six Flags gets the $2.35 million in cash and more than $4 million
debt forgiveness, from taxes owed to rent not paid.  Ed Hart is paying the cash to Six Flags.

Negotiations "continue" with Ed Hart.  The Fair Board hopes to come to an agreement and open the park by Memorial Day of next year:

Quote
...Workman said the public-private partnership still “has to come together,” and Hart said it is essential to any deal to restart Kentucky Kingdom.

Hart declined this week to provide an estimate of how much money would be needed to open the park.

Workman said that fair board officials have not conducted an extensive study of Kentucky Kingdom’s rides since it closed, so he could not guess how much of an investment would be required....

http://preview.tinyurl.com/23g474e

(Link would not otherwise work, this will take you to a preview, then you can click to the article)

is apparent that the Fair Board intends to have substantial direction into the future of the park.  I am not at all sure that Mr. Hart and Mr. Workman (the Fair Board president) have visions for the park's future that at all coincide.

Separately, over at Kings Island Central, a thread has been posted showing a newspaper article that apparently depicts a Geauga Lake's Wildwater Kingdom type future for Kentucky Kingdom:

http://www.kicentral.com/forums/index.php?showtopic=22244&pid=393139&st=0&#entry393139





« Last Edit: July 23, 2010, 05:42:51 AM by GADVwow »

Offline GADVwow

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Offline Bubba Z

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Re: KENTUCKY KINGDOM: FAIR BOARD STRIKES DEAL WITH SIX FLAGS
« Reply #2 on: December 02, 2010, 08:28:10 PM »
I hope this happens or they move greezed lighnin' soon. I still need that credit.