Time-share magnate offers to buy Cypress Gardens then sell to state with lease

Posted Friday, June 13, 2003 5:01 AM | Contributed by Jeff

Orlando time-share magnate David Siegel has offered to buy Cypress Gardens in a proposal that would allow him to turn around and sell it to the state, then ask the state to give him a 99-year lease to operate the historic theme park.

Read more from The Tallahassee Democrat.

Friday, June 13, 2003 7:23 AM
How about just buying the park and not selling it?

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Please visit the small parks. We don't know what's happening behind the scenes
Woodencoaster.com

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Friday, June 13, 2003 8:03 AM
Because the payments on the land purchase would be more than the payments for a lease.

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Jeff - Webmaster/Admin - CoasterBuzz.com - Sillynonsense.com
"Pray that your country undergoes recovery!" - KMFDM

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Saturday, June 14, 2003 12:12 PM
Gotcha.

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Please visit the small parks. We don't know what's happening behind the scenes
Woodencoaster.com

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Saturday, June 14, 2003 1:45 PM
that and they might want to develope all the extra land that was undeveloped into timeshare resorts?

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Writer for:
http://www.universalmania.com

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