The fair board, which owns the property, has an agreement with businessman Ed Hart to re-open and operate the park, but is asking lawmakers for a $50 million bond issue to help implement its redevelopment plan.
The park closed this year as owner Six Flags went through bankruptcy. Former owner Ed Hart then planned to renovate and re-open Kentucky Kingdom next spring.
Ed Hart sold the park to Six Flags in 1997. The company is undergoing bankruptcy, and Hart hopes to run the park again and re-open it by next year.
by Stephanie Crosby A former operator of Kentucky Kingdom has been selected as a potential new operator of the park. Six Flags announced earlier this year it would close the park, and the Kentucky State Fair Board has been looking for a new operator since then. Board President Harold Workman says out of two proposals… Continue reading Fair Board Enters Negotiations With Potential Kentucky Kingdom Operator
Kentucky State Fair Board president Harold Workman is expected to recommend a new operator for the Kentucky Kingdom amusement park site tomorrow . The park was closed earlier this year by operator Six Flags, which is going through bankruptcy proceedings.
At least four companies have approached the Kentucky State Fair Board about taking over the Kentucky Kindgom amusement park property. But officials aren’t likely to meet with those companies until next month.