* Six Flags is purchasing the city of Vallejo's $52 million dollar interest in the Discovery Kingdom theme park. In doing so, Six Flags will now completely own the park and is now able to exclusively reap all profits generated from the park, while the city is able to reduce its debt load and improve its bond rating.
* Six Flags spent $16 million in improvements this year at the park as a result of the transformation from Marine World to Discovery Kingdom. Anybody else curious as to how the new signage and animal sculptures, one coaster paint job, and a new train ride cost that much?
Here's the story: http://www.timesheraldonline.com/todaysnews/ci_6067745
The city of Vallejo is expected to make $750,000 annually in a 2.5% park entrance fee. My math says that means the park is expected to take in $30,000,000 each year. That is just raw income I'm sure, but to pay off $16mill in improvements (I agree krax, that seems fairly high) would take a while.
A day at the park is what you make it!
Long live the Big Bad Wolf
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