Wednesday, April 23, 2008 2:05 PM
Wonder if or how this will impact the Parques Reunidos deal. Is that transaction still even in the works?
Wednesday, April 23, 2008 4:33 PM
Actually I think this is quite possibly the best outcome that could have come out of the issue with the taxes for both sides. Yes there is still a tax but it seems like a more fair tax to me and one that is a lot easier to figure out. It also benefits West Miflin. And it reduces any court costs and attorney fees that might have been incurred had this drug out longer. To me it seems as though Kennywood even went out of there way to agree to pay the tax for 2 more years even if amusement taxes are banned state-wide. That too me seems more than generous considering they didnt feel as though the tax was fair. My only hope is that West Miflin is smart and uses the money to better the roads and access to the park which could increase the attendance and in turn increase taxes coming in, if it stays a tax beyond the next 2 years.