Hot Springs votes on bond for new Magic Springs coaster

Posted Wednesday, July 9, 2003 4:54 AM | Contributed by supermandl34

Hot Springs went to the polls to vote on a bond issue for a new Magic Springs coaster. The bond is for $4.4 million, while the rest the other $7 million will be provided by the park's owner, Theme Parks LLC.

Read more from KPOM/Ft.Smith-Fayetteville, Arkansas.

Wednesday, July 9, 2003 6:13 AM
This was expected and a WIN for the city and the park. Though it is (to me) just a medium sized coasters, it should help the park.

Now, to add to the water park!

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Wednesday, July 9, 2003 7:54 AM
Hmmm...smells a little like corporate welfare. But then again, if it is a small community, and the park would go under otherwise...If they were to try that here in San Diego, I'd be up in arms because we happen to have a budget crisis here. Send it to the schools I say.

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"But where's the feeelth?" - Uncle Vainstein

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Tuesday, July 15, 2003 4:40 AM
well i dont think it hurts anything its not tax dollars that they are using see here in arkansas its the law the people have to vote on any major attractions the city/state are helping with revenue bonds and it is only 4.4 million dollars its not like they are paying for the whole coaster

and i agree with the water park thing they really need to add on to it they have not since it has been open although next year this coaster is just supose to be part of a major expansion for the 5th year aniversery and i know they are putting black snake inside it and makeing it a no tube ride

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