“A local hotel operator added $23 million to developer Ed Hart’s $6 million investment. But he says he needs to reach a lease agreement with the Kentucky State Fair Board by the end of the month, so they can go after the remaining $20 million needed….”
WDRB Fox 41 Article, published September 13, 2011
“Businessman Ed Hart said he is “close to an agreement” on securing a $23 million bank loan toward his effort to reopen the Kentucky Kingdom amusement park at the Kentucky Exposition Center…..”
Courier-Journal Article, published September 14, 2011
“The Kentucky Kingdom Redevelopment Co. is nearing an agreement to secure nearly $29 million in private-sector funding that would allow it to reopen the Kentucky Kingdom theme park….”
Business First Article, published September 13, 2011
“The Kentucky Kingdom Redevelopment Company (KKRC) is close to an
agreement on private sector funding of nearly $29 million to reopen the
Kentucky Kingdom theme park. However, it needs the Kentucky State Fair Board’s (KSFB) cooperation to finalize the deal….”
KKRC press release, published September 13, 2011
“Even though the Al J. Schneider Company has guaranteed $23 million in loans to Kentucky Kingdom to help it re-open, our local and state leaders have done little on their end to support the project. Considering the positive impact the park’s re-opening would have on the local economy, this lack of political will is puzzling and distressing. Mayor Fischer and Governor Beshear need to step up and lead.”
Fox 41 Point of View, aired September 6, 2011
“The Kentucky Kingdom amusement park in Louisville should reopen in May barring an unforseen development, the Kentucky State Fair Board’s president told state legislators Thursday…”
Courier-Journal Article, published August 26, 2011
“The family that owns the Galt House and other Louisville hotel properties has agreed to guarantee as much as $20 million of any investment by Ed Hart in his effort to reopen the Kentucky Kingdom amusement park…”
Courier-Journal Article, published August 23, 2011
“There’s an undreamt of and extremely positive turnaround for the earlier Six-Flags-Park in Louisville…”
Kirmes & Park Revue, published July, 2010
“Specifically, that a reopened Kentucky Kingdom theme and water park would generate on average up to $151 million per year in economic activity and $11 million per year in state and local taxes…”
Courier-Journal Reader Letter, published June 29, 2011
“The Ark deal doesn’t risk taxpayer money or the state’s credit rating up front. It just allows the Ark Encounter people to get a free ride on sales taxes over 10 years if they ever actually do get the massive number of people they predict…”
InsiderLouisville.com Article, published May 23, 2011
