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.
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?
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 ***
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.)
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.
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.
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 ***
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.
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.