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VisionLand bondholders decided Friday to foreclose on the foundering amusement park. The city, which took control of the VisionLand last week, wants it to file for bankruptcy to ward off creditors, who are owed almost $100 million. The park defaulted twice on its bond payments last year, with the bondholders' approval. The Bessemer City Council will discuss their next move Tuesday.
Read more from the Birmingham News.