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Thursday, February 9, 2012

Koch family forms entity to negotiate possible Kentucky Kingdom lease


This file photo shows the locked front gate at Kentucky Kingdom, which closed in 2009.

Ron Bath Business First

John R. Karman III, Reporter

Tuesday, February 7, 2012

Members of the Koch family — owners of Holiday World & Splashin’ Safari in Santa Claus, Ind. — have put together a new company, Bluegrass Boardwalk Inc., to try to negotiate a lease agreement that would allow it to operate the shuttered Kentucky Kingdom amusement park.
The Koch family is in discussions with the Kentucky State Fair Board about the future of the park, located at the Kentucky Exposition Center. The fair board manages the state-owned center.Bluegrass Boardwalk is exploring the possibilities of reopening Kentucky Kingdom in 2013, according to a news release.
The company plans to try to secure financing and apply for economic development incentives from the state of Kentucky, the release said. No public money would be requested from the Kentucky General Assembly under Bluegrass Boardwalk’s plan.Read more at:http://www.bizjournals.com/louisville/news/2012/02/07/koch-family-forms-entity-to-negotiate.html

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