First, it needs to persuade county, school and municipal creditors to wait four more years for more than
Simultaneously, it needs to invest in the park to make it clean, safe and inviting.
Next it needs to sell off some portions of the property to pay off some of the park's debt.
Then it must sell public and private investors on rebuilding the
The total project would cost between
"If we're going to do this, step one is a tax agreement," Turner told
The park is scheduled for tax sale in September. It alternatively could be sold at a sheriff sale to satisfy the tax debt.
Turner said a revitalized park would pump "tens of millions of dollars" into the local economy by hosting conferences, performances, expositions and other events year-round.
"One reason why the park has failed over the years is that it's been dependent on a 10-week season," Turner said. "It needs to be in operation 12 months of the year and not be so weather-dependent.
The park has lost money each of its last 17 seasons, Turner said.
Additional payments on the tax debt could come from an insurance settlement on the
The final installment toward back taxes would come from the sale of property "not integral" to park development plans, Turner said. That property could include a lakefront parcel where a home once stood. The home burned down some years ago.
The repayment plan and park revitalization plans are "doable," Turner said.
"We have confidence that we can do these things, but there are obstacles, challenges and issues we have to address," Turner said.
County commissioners will discuss the alliance's plans for the park with school and township officials, and will decide if they're willing to remove the park from the fall tax sale.
"We'll have to go back to the drawing board and see what they want to do," Commissioner
If the park is sold, it will most likely be to a private developer, Turner said.
"And it would be a real opportunity missed," he said.
The alliance has begun removing rubble from the former Beach Club and has hired painters to spruce up the park.
"The park right now is blighted. We need to make it safe and clean for the public coming to events there and enjoying the amusement park," Turner said.
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