Kentucky Kingdom Approved for Tax Breaks
Kentucky's Tourism Development Finance Authority has approved performance based tourism incentives for the new developers of the the Kentucky Kingdom theme park in Louisville. Those incentives could amount to as much as $10 million over ten years.
The park's now due to re-open by Memorial Day of 2014 after being shut down for four years when Six Flags went bankrupt. The new development group's headed by the park's original owner Ed Hart, who sold to Six Flags in the early 90's.
Hart says he'll detail what the new Kentucky Kingdom will be like this summer.