Business
8:18 am
Mon June 18, 2012

Need for Quick Decisions Cited in Bluegrass Boardwalk Decision

The Chief Executive of a company that once hoped to reopen Kentucky Kingdom amusement park in Jefferson County  says the project was scrapped because officials didn't think they would have the freedom under a lease to make decisions independently and quickly.  Bluegrass Boardwalk announced Friday that it was going to withdraw from the project due to government regulations and stipulations.

Chief Executive Officer Natalie Koch told reporters Saturday that it wasn't any particular regulation that led to the decision not to proceed with the project.  She told the Courier-Journal that officials with the company"agonized over" whether to move forward.

The Koch family also operates Holiday World, which is located in Santa Claus, Indiana. In that situation, the Koch family owns the park, instead of operating it under a lease.