Conneaut Lake can't get loan, park can't open

Posted Monday, May 1, 2006 11:07 PM | Contributed by coasterqueenTRN

Conneaut Lake Park will not open this year unless somebody comes forward by Friday with $250,000 to loan to the park. An expected bank loan fell through and the park has no money. Full-time employees have been laid-off.

Read more from The Meadville Tribune.

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Monday, May 1, 2006 11:19 PM
In my opinion all they need to do is get the prospective bids on paper for the bank to see. They have until Friday to make a $10,000 workers comp premium or it will be cancelled, that is the deal with a deadline of Friday (this comes from GoErie.com)

Is Workers Comp in Pennsylvaia run by the state or is it done by private companies?

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Monday, May 1, 2006 11:30 PM
Thank God I made it to the park 2 years ago. I'll treasure that experience forever. Hopefully they can pull this off and the park will be saved..

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Tuesday, May 2, 2006 4:39 AM
^I agree. I LOVE that little park, even though I have only been there once. I have high hopes for next year. I am not giving up on the park, yet. :-)

I miss Grandma. She's the best park employee ever!

-Tina*** This post was edited by coasterqueenTRN 5/2/2006 4:40:35 AM ***

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Tuesday, May 2, 2006 9:41 AM
It's time that ACE got together and saved a park that could actually be saved.
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Tuesday, May 2, 2006 10:22 AM
Yeah, this bites.I always liked camping there on weekends. Let me see if i have this right, though.They finally got the Bug and train fixed, and the park is not opening?So the money that was donated for the bricks to fix the train helped fix a train that might be sold? That is truly sad.
*** This post was edited by FLYINGSCOOTER 5/2/2006 4:31:21 PM ***
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Tuesday, May 2, 2006 3:55 PM
Let's just hope for the best for this small park. If they have enough fans then they should get enough donations. If they don't then are they doomed or do they wait for next year?
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Tuesday, May 2, 2006 4:30 PM
Here's the way i see it: If they don't open, and all the employees are laid off, who will dismantle the rides and store them? i personally hoep they don't rot like chippewa's did.
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Tuesday, May 2, 2006 4:46 PM
Tina said: "I miss Grandma. She's the best park employee ever!"

Could NOT agree more. The whole place was awesome, like I'd stepped back in time....to a time when smaller local parks could survive I guess.... :-/

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Tuesday, May 2, 2006 5:55 PM
Conneaut is one of my childhood parks. I'd visit every year as a child and have the best time at one of the best small parks. The small parks that compare are Knoebels and Geauga Lake(when it was privately owned and only had 5 or 6 coasters.)
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Tuesday, May 2, 2006 6:06 PM
... Or will they? Reports say that as of this afternoon, they are finalizing a loan, and workers have been called back to work...

http://www.meadvilletribune.com/breakingnews/local_story_122164320.html

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Tuesday, May 2, 2006 8:28 PM
oh man, i HOPE this park is saved. its just so sad whenever one of these small parks, with TONS more charm than the corporate parks, is facing closure. hopefully this recent article is correct. ive been trying to get to Conneaut for a few years now, and was hoping to hit it this year at some point. lets hope for the best...and, if it DOES get saved and open this year, every one of us who is able to should get there for a visit, to show our support.
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Tuesday, May 2, 2006 8:47 PM
To us coaster enthusiasts, the park should be saved. Although, looking from a different point of view makes me think if its really worth saving. If the park goes through this every year, it says something. The park is not making money. It's sad to see a historical park go away, but we need to face the facts, the park is not generating enough cash to keep it alive.
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Tuesday, May 2, 2006 9:02 PM
Bottom line, if the park is able to open this year, I need to go. No more reprieves!
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Tuesday, May 2, 2006 9:26 PM
Conneaut reminds me of those times in which something is squirming to live, and you know in your heart, the most humane thing to do is put it down.

Ok... SO maybe that was a little harsh.

Im sorry, I love the park and all, but year after year this goes on and each year it is getting worse. If it doesn't close this year it will be next year. Just move the bug elsewhere and we are set. :)

*** This post was edited by SteveWoA 5/2/2006 9:27:28 PM ***

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Tuesday, May 2, 2006 9:57 PM
Why not just Six Flags the park? I'm pretty sure that they can get alot of money from the scrap metal of the Toboggan coaster.
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Wednesday, May 3, 2006 12:01 AM
The next year or two will be crucial to determining if Conneaut can survive and be profitable. The biggest obstacle to it's success has been the $1.9 million in debt and the land sale is expected to eliminate that. It still won't be easy for the park to compete with the big corporate parks, but not having that anchor of debt weighing them down will at least give Conneaut a fighting chance.
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Wednesday, May 3, 2006 2:58 AM
If they open this year, I'll make sure I get up there. I am still pi**ed about passing up William's Grove last year on my way to Pittsburgh in favor of my 'inconsiderate' friends.

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Wednesday, May 3, 2006 7:23 AM
Don't worry coy, your friends did you a favor. Why would the park need to compete with any corporate parks? They're not looking to be a destination, and if they are, that's probably a lot of the reason they're in so much debt. Their only real competition should be Waldameer. Kennywood and Geauga are a long shot, Geauga's not in the same league and Kennywood isn't corporate. I've never been to the park, but I know some people who've described it to me in great detail and I see no reason it couldn't thrive as a nice local picnic-park if someone could just agree on the finanaicals and stop d**king around.
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Wednesday, May 3, 2006 1:05 PM
Looks like they got some help! :)

http://www.meadvilletribune.com/homepage/local_story_122224523.html?keyword=leadpicturestory

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