Six Flags Kentucky Kingdom dispute settled

[F.A.S.T.]

The Kentucky State Fair Board and Six Flags have settled their property dispute over Kentucky Kingdom.

According to our partner Business First, the agreement could pave the way for a new operator to re-open the park next summer.

Thursday the Fair Board approved an agreement that requires Six Flags to turn over sixty acres of the park it still owns, and all but one of its rides.

In exchange the Fair Board would pay Six Flags more than $2 million, and the amusement park company would also be forgiven overdue rent and back taxes.

The Fair Board is currently in negotiations with Louisville businessman Ed Hart to re-open Kentucky Kingdom.

http://www.fox41.com/Global/story.asp?S=12859525

It doesn't sound like a great deal for SF, but hey at least the dispute is settled. I'm guessing Chang is the ride they get to keep.

 

[davidm]

^ not Chang (since it ain't there no more!), seems 6F keeps the mouse as well;

http://louisville.bizjournals.com/louis ... tory2.html