Posted Friday, January 25, 2013 9:13 AM | Contributed by Jeff
The Kentucky State Fair Board has approved a 50-year lease agreement with businessman Ed Hart’s development group to reopen Kentucky Kingdom. The investors, Kentucky Kingdom LLLP, must secure the final $25 million in private loans before the park can open. The investors have already agreed to invest $45 million initially in the park.
Looks like a lot more cash is going to the waterpark-side than the rides-side. Probably a better strategy for profits, right?
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