Kentucky Kingdom 2012 Coaster?

[sccard01]

this is all just speculation, but I'm hearing this more and more everyday from online. Many people think that since freestyle music park done failed, Ed Hart will try and get The Time Machine, sit down, B&M coaster, and put it in our park! It a little smaller then chang, but its more thrilling and I guess better.

http://www.youtube.com/watch?v=6y351-evEro

http://rcdb.com/3852.htm

[Austin]

Thats the first video Ive seen with the audio going. I must say its sad it failed. The Audio was pretty cool on it.

[DarienLake:D]

If they put in that ride.. and keep it as a musical attraction i will def go to KK :D

[palmer]

^If KK were to make it back to Led Zepplin, I would want that. The Time Machine is ok themed, but Led Zepplin wins over Time Machine.

[nitrofan]

I'm not saying Time Machine won't ever go to KK, but it won't in 2011.

FMP's circumstances are a complete disaster, and all that will have to be sorted out before anything gets sold. The park now has tons of law suits against them and the management has basically abandoned the park. They will have to either get sold to someone who has deep pockets to take care of the debt, or go through bankruptcy court, which is not a quick process. If you consider that nothing is happening with the park right now and Time Machine would have to be removed in the fall, there's no way that Time Machine will be opening anywhere in 2011. Another interesting point that I heard is that if enough debt is still owed to manufacturers, they may be able to reposses their rides.

I think that Time Machine would be a good fit at KK eventually though.

If they put in that ride.. and keep it as a musical attraction i will def go to KK :D

The sound system on the ride barely works as it is. It would take a lot of work to get it working again, and the ride is in decreasing condition right now. Off-season maintnance has not been preformed and it appeared that the maintnance shed had been vandalized when I drove by the park in March, so who knows what the condition of the trains are.

[Austin]

Btw, havent checked or anything but, are Time Machines trains a new version of B&M's sit down trains?

[nitrofan]

Btw, havent checked or anything but, are Time Machines trains a new version of B&M's sit down trains?

What do you mean by a new version? They looked exactly like the Hulk trains to me (different colors of course).

[Austin]

I meant compared to Kumba.

Actually Hulk's are different to

Hulk's:

http://cache.rcdb.com/pictures/picmax/p2170.jpg

Kumba:

http://cache.rcdb.com/pictures/picmax/p172.jpg

Time Machine:

http://cache.rcdb.com/pictures/picmax/p21746.jpg

[nitrofan]

I think all of the trains are just a little bit different to go along with the theme of the ride.

EDIT: Is that a full train on Led Zepplin I see? :eek:

[Austin]

I just thought they could be different based on the difference of time they were built. And I noticed, Hulk and Time Machine have a slightly different design on their OTSR's

[nitrofan]

I just thought they could be different based on the difference of time they were built. And I noticed, Hulk and Time Machine have a slightly different design on their OTSR's

I'm sure it's just like everything else where products are slightly adjusted over time. I recently bought a new lawn mower that was the exact same model as the one we bought 10 years ago. There are quite a few things that are different.

[Austin]

Oh. I was just wondering if there were major improvements over time, like on the Vekoma SLC and Boomerang Trains. It seems Vekoma finally figured out how to make a decent SLC train, but only one coaster has it :/ and that new train on Carolina Cobra. But I guess B&M got it right the first time haha.

[cory]

I hope this happens but I dont see it. I dont think Ed Hart has even thought about getting a new coaster like that. He just focused on fixing the damages that Six Flags left I dont see him buying no new coaster on the first year of having the park.

[Austin]

Looks like its alot closer to happening if it does:

http://www.thesunnews.com/2010/06/09/1522898/creditors-one-step-closer-to-seizing.html

Creditors one step closer to seizing Freestyle Music Park assets

A federal bankruptcy court issued a judgment against the owners of Freestyle Music Park on June 4, inching creditors closer to reclaiming debts owed by the park.

A judge ruled against FPI MB Entertainment, Freestyle's owner, for failure to pay a roughly $570,000 debt the park inherited when it bought Hard Rock Park out of bankruptcy. Hard Rock's court-appointed trustee, Alfred Giuliano, requested the judgment after Freestyle failed to meet an April 1 deadline to pay the debt. Although Freestyle must pay Giuliano, he would distribute the money to the parties previously owed by Hard Rock - $400,000 to Utah-based Tetra Financial Group and about $170,000 to Minnesota-based Data Services Co.

The judgment can now be registered in South Carolina, in attempt to seize the park's assets, said Joe Wachter, a bankruptcy attorney not affiliated with either party.

"The trustee was able to get a judgment against them, and it's evidence of a debt and they could bring it to South Carolina and register it…and try to collect it," Wachter said. "It doesn’t guarantee they’ll pay it."

After the judgment is registered, a lien could be placed on the park's land, requiring that FPI MB address the debt before buying or selling land in the area, Wachter said. Giuliano or his attorney could also file the judgment with the county sheriff, who could seize and sell property other than real estate, in attempt to reclaim part of the debt.

The park closed in the fall after a weak first season and failed to reopen in mid-March as originally planned. Freestyle has no plans to reopen, unless it signs on new investors, according to Freestyle attorneys. The park's owners continue to seek investors.

[sccard01]

Looks like its alot closer to happening if it does:

http://www.thesunnews.com/2010/06/09/1522898/creditors-one-step-closer-to-seizing.html

seize the park's assets means whatt?

[Austin]

I believe if i read the article correctly, the county will take the land and will sell the property off to re-claim the debt owed to the companies. So it looks like Ed wont have to pay a couple of millions. Maybe 2 at the most but if they want to get rid of it quickly i would bet under 1 million.

[DarienLake:D]

hmmm sounds like a good deal to me!

[Shayne]

You guys don't foresee a bidding war for that coaster assuming it does go to an auction? I mean think about how many parks could use a large scale coaster that might have the room for it. Two million is something that most small parks could afford ranging from a Lake Compounce all the way to a Holiday World.

[Austin]

Unless he offers cash upfront

[Shayne]

Cash money G? That's my gangster side....

[Vic]

That's how Ed rolls... he has connections...

[DarienLake:D]

Yeah that does bring up problems lol! That ride does seem like a good replacement of Chang but parks like Holiday world ext would probably jump on that cheap price lol! Maybe even CF if CF jumps in might as well just not even bid...

[Austin]

Holiday World isnt ready. They dont have a space to put it, unless they put in splashin safari.

[nitrofan]

Unless he offers cash upfront

There are so many other companies with more resources. If Ed has only a maximum of $20 Million to get SFKK ready for 2011, should he really start getting greedy trying to buy off a B&M?

[Austin]

20 isnt the max. He can go higher if he wants, thats just the minimum to get the park open for 2011.

[nitrofan]

20 isnt the max. He can go higher if he wants, thats just the minimum to get the park open for 2011.

And where do you expect this money to come from? It's not like money grows on trees.

[sccard01]

Yeah that does bring up problems lol! That ride does seem like a good replacement of Chang but parks like Holiday world ext would probably jump on that cheap price lol! Maybe even CF if CF jumps in might as well just not even bid...

I really don't think Holiday World wants a B&M, they cost alot of money and the K familly really doesnt like steal coasters from what I remember them saying a year or 2 ago. When someone asked them about added a steal coaster, all they could say was yuk!

[Austin]

Plus it wouldnt be a good fit. They try and resemble themselves as a family owned and operated park from back before steel coasters. Which were mainly wooden

[nitrofan]

You guys don't foresee a bidding war for that coaster assuming it does go to an auction? I mean think about how many parks could use a large scale coaster that might have the room for it. Two million is something that most small parks could afford ranging from a Lake Compounce all the way to a Holiday World.

Adding on to that, a sit-down has been rumored for years at Valleyfair and Worlds of Fun. Cedar Fair could have been holding off when they saw this opportunity arise.

I also believe Six Flags is interested. In late 2008, just after HRP filed for chapter 7, SFA posted on their Facebook page that they were getting ready to announce their biggest expansion since 2001, which is the year that Batwing was installed. The same day that it was announced that HRP would reopen, that post on Facebook was mysteriously removed. Coincedence?

Plus this could be a great opportunity for numerous small parks that want a B&M but could never afford one at full price.

But I can just imagine the posts about Six Flags on this site if Six Flags bought the second B&M that KK "deserves" or "has a right to"...

[DarienLake:D]

I really don't think Holiday World wants a B&M, they cost alot of money and the K familly really doesnt like steal coasters from what I remember them saying a year or 2 ago. When someone asked them about added a steal coaster, all they could say was yuk!

well just relating to more smaller chain or family owned parks not just holiday world in general....

[sccard01]

well just relating to more smaller chain or family owned parks not just holiday world in general....

I know, im just saying, Holiday World could never be on that list.

[Support_EdHart]

Time Machine is not coming to Kentucky Kingdom how are they supposed buy a new coaster and fix the park with 20 million dollars.

[cory]

You never know with Ed Hart he is a genuis.

[Austin]

But, 20 million is only a estimate. Its just the minimum estimate to get the park open in 2011.

[sccard01]

Time Machine is not coming to Kentucky Kingdom how are they supposed buy a new coaster and fix the park with 20 million dollars.

You never know. Screamscape even believes or thinks its a good idea that The Time Machine could come to Kentucky Kingdom since Ed Hart is back in charge.

20 million dollers is how much it cost to get the park open again with repairs and etc!

[DarienLake:D]

You never know. Screamscape even believes or thinks its a good idea that The Time Machine could come to Kentucky Kingdom since Ed Hart is back in charge.

20 million dollers is how much it cost to get the park open again with repairs and etc!

yeah basically its the minimal agreement they want invested into the park to get it pack up and operational... So question where are all the trains ext being stored? I have always wanted to know and never really figured that out

[nitrofan]

Time Machine will NOT be at KK in 2011. Not enough time or money, and Ed Hart may not even be able to get the ride. What's with all of this "Ed Hart is a genius" talk? Just because you think Ed Hart is a genius does not mean he will magically get a B&M, magically get the money to pay for it, and it does not mean KK will be an amazing, world-class park in 2011. If the park's condition is really as bad as people say, the park may get nothing new in 2011.

yeah basically its the minimal agreement they want invested into the park to get it pack up and operational... So question where are all the trains ext being stored? I have always wanted to know and never really figured that out

The trains are being stored on the transfer track in the maintnance shed for the ride. The maintnance shed is right by a road, and when I drove by in March it appeared that someone had vandalized the maintnance shed, so who knows what kind of condition the trains are in.

But, 20 million is only a estimate. Its just the minimum estimate to get the park open in 2011.

But he has said he is still working on getting the $20 Million. Where is he going to get the extra money needed for a B&M?

[Support_EdHart]

You never know. Screamscape even believes or thinks its a good idea that The Time Machine could come to Kentucky Kingdom since Ed Hart is back in charge.

20 million dollers is how much it cost to get the park open again with repairs and etc!

How do you know that Screamscape thinks that? I hope we get it but like nitrofan said there really aint no chance.

[DarienLake:D]

The trains are being stored on the transfer track in the maintnance shed for the ride. The maintnance shed is right by a road, and when I drove by in March it appeared that someone had vandalized the maintnance shed, so who knows what kind of condition the trains are in.

Ahh and thats not good :( They probably need like every part replaced (just guessing ;) )

[sccard01]

How do you know that Screamscape thinks that? I hope we get it but like nitrofan said there really aint no chance.

Just email screamscape! This is what I told him, and this is the response.



ME
This is just specualtation nothing confirmed are what ever.

Since the reopening of the old, Kentucky Kingdom, many people are wondering what will replaced Chang. We knows there going to be a water park espanion were Chang used to stand for 2011, but their are many rumors or speculation that Kentucky Kingdom will have another coaster in the Furture to replace Chang, or many more coasters in the future (which I will believe happend). Will the coaster come in next year, 2012, 2013? who Knows? I have heard a rumor many times, on many websites in specualation, that Ed Hart may purchase the Led Zepplin or Time Machine coaster from the new bankrupt Hard Rock Park, or FreeStyle Music Park since their investors just left the park and abandond it, and also no once is trying to take over the park. If this is true about the Led Zepplin, the coaster do meet park requirments in height however since Kentucky Kingdom it next to the airport. The coaster is faster by 5 mph than chang, and also the coaster is 4 feet lower than Chang standing at 150 feet.

If Free Style Park never reopens, I wouldn't be surprised if Ed Hart got a couple of flats from their also.

What do you think?
--------------------------------------------------------------------------
Screamscape

Good idea, but wont happen until the liquidate the park. They'll try to sell it whole first.

[DarienLake:D]

this is so suspenseful! i kinda want the park to get that coaster but i also don't want to see Freestyle go down....

[Austin]

You know, with all the talk of getting a new drop tower, Disney California Adventure is getting rid of the Mailboomer. Its fairly new and looks to be an S&S design. It has a dual tower structure and if I am correct, one side launches you up, and the other drops you.

[cory]

I would like to have a Drop Tower but with the parks reputation I dont see us getting one. I heard the same rumors about getting one when Six Flags owned us.

[Austin]

Reputation? They all wanted one. Everyone kept asking where helevator was up til closing day last year.

[cory]

Yea but you know how some people are telling people that somebody died on it and really didn't.

[palmer]

I would like to have a Drop Tower but with the parks reputation I dont see us getting one. I heard the same rumors about getting one when Six Flags owned us.

Ugh, you sound people on GAO. LOL. Nothing against you.

[cory]

Its all good

[DarienLake:D]

they should get a S&S Combo Tower http://www.s-spower.com/towerrides/combotower/combotower.php they have one at Marine Land in Canada and not only does it shoot you up it also shoots you down no matter which tower you go on... I say it is better then power tower at CP because u get both rides in one!

[Austin]

Disney is removing the Mailboomer this fall. Maybe if he got it for a fairly competitive price and Time Machine he could put Time Machine just next to the new water park stuff and put Mailboomer right in front of the new entrance?

[Truth Seeker]

I don't know Austin people would think its the Hellevator and not ride it because of the accident I guarantee you.

[Austin]

True but many employees have said there was still people wanting to ride Hellevator. Even after it was gone, all the way up to closing day last year.

[Truth Seeker]

Your right but I still believe the number of negative feedback is vastly superior to the amount of positive feedback.

[Austin]

But with the proper advertising of how safe S&S's are it would work. Plus after people experience it and see its actually better then just being lifted up and dropped once they will love it

[Vic]

Your right but I still believe the number of negative feedback is vastly superior to the amount of positive feedback.

I believe this to be incorrect. There is a small portion of the community with that thought but they quit coming to the park all together because we "killed peoplez!!11!!~~~"

[Truth Seeker]

I suppose. Ed could advertise how KK has changed and say that its transforming into something new and better, and that now because KK is finally being rebuilt into a proper park it will be adding a new much more safe and fun drop tower made by a completely different manufacturer. Ed could say he is bringing back the fun of the Hellevator and adding in the same if not better quality of safety offered at HW.

[sccard01]

Well I do believe that their could be a S&S Tower. Look at our parks skyline, its just the just, or about to be just the giant wheel! Ed did say that the park is going to get a new name, and also a new entrance, so to me it seems that Ed don't wan't people to think that this is the Six Flags Kentucky Kingdom, or the park that a girls foot got cut off or whatever and etc.

[Truth Seeker]

Well Ed did add a 100ft S&S double shot to "Magic Springs" when he operated it.

[Changsucks]

You know, with all the talk of getting a new drop tower, Disney California Adventure is getting rid of the Mailboomer. Its fairly new and looks to be an S&S design. It has a dual tower structure and if I am correct, one side launches you up, and the other drops you.

No, Maliboomer just launches you up. And yes it is an S&S.

[sccard01]

I wonder how many flats were getting next season since the front side wont be open? I'm sure a few could be from freestyle music park.

[Truth Seeker]

We'll be getting so many ride from Freestyle Music Park Ed is being forced to rename the part to,"Freestyle Kingdom". In fact Mc-hammer will be performing on the hour every hour dishing out the funk.

[MadCard05]

What is the source of this. WHy do you guys think we're going to get rides from that park?

[Truth Seeker]

Its all just speculation. There's no proof of us receiving rides from there it's just seems probable since FMP recently closed and is chock full of rides in near perfect condition. It's a amusement park operators dream.

[Austin]

No, Maliboomer just launches you up. And yes it is an S&S.

But its drop profile could be modified on one tower to drop you.

BTW does FMP even have flats :P

[Truth Seeker]

They have a few. Check out this link.
http://en.wikipedia.org/wiki/Freestyle_Music_Park#Other_rides

[sccard01]

Freestyle music park even have a huss beebee (my profile pic)! but instead of bees, its monster trucks! The ride was one of Kentucky Kigndom's best rides and popular! It did used to draw many to the northwest territory. This ride to me was sort of on the Breakdance fun sort of level. Believe it or not, the ride was added by Premier or Six Flags and taken out 3 years later in 2001.

[Austin]

I remember finding a quarter in the seat of the Bees one year haha

[sccard01]

i find money on all the rides all the time.

[Austin]

Haha I know its surprising what they forget to grab on the way off.

[Truth Seeker]

One time I found a phone on Break dance. lol

[palmer]

Ugh this flat talk makes me want to have flats at GADV.

[nitrofan]

Freestyle music park even have a huss beebee (my profile pic)! but instead of bees, its monster trucks! The ride was one of Kentucky Kigndom's best rides and popular! It did used to draw many to the northwest territory. This ride to me was sort of on the Breakdance fun sort of level. Believe it or not, the ride was added by Premier or Six Flags and taken out 3 years later in 2001.

You guys don't want that flat. The trucks barely swung, so you basically just moved in a circle.

[nitrofan]

Seriously, KK may get nothing new. They have $20 Million to turn the park around. It sounds like many buildings will need to be gutted or replaced, and that isn't cheap. Then add in all of the repair expenses then all of the expenses just to prepare a theme park to open for a year. KK will get theor fair share of rides with Ed Hart, but right now it's time to focus on getting the park and its infrastructure running smoothly.

[cory]

Yeah I agree he needs to fixed damages and fixed the Northwest Terriotory and wants the parks clean and everything is in good shape then a new ride will be nessasary but first he gots to fix the little things and big things. I think if he adds any new ride it will be a water slide or flat but no major coaster.

[DarienLake:D]

You guys don't want that flat. The trucks barely swung, so you basically just moved in a circle.

Well the version at Darien Lake i think is bigger and those swing alot... So if they make the little version im pretty sure they still make the bigger version!

[nitrofan]

Well the version at Darien Lake i think is bigger and those swing alot... So if they make the little version im pretty sure they still make the bigger version!

Oh, I thought you were implying that you wanted the one from FMP. Never mind.

[DarienLake:D]

Oh, I thought you were implying that you wanted the one from FMP. Never mind.

no. I was just saying getting that kind of ride is possible if you say the one at FMP is to small they do make bigger ones..

[cory]

Well we know were getting a new rollocoaster but what are we getting?

[Austin]

We do?

[Shayne]

I also did hear that you guys were supposed to get a coaster. Word is he's going wood. Most likely GCI.

[Austin]

He wants to raise the grant to $50 Million which would add a new woodie but nothing has been finalized. More should be known as they work out the deal which he wants to do lease at a rumored $1,100 payment.

[nitrofan]

So he wants to order a new roller coaster 7 months before it's set to open? Good Luck...

[Austin]

Either 7 months or to set aside the funds to begin working on a 2012 project. All I know is there's a lot of potential here! :D

[Shayne]

It would certainly be a 2012 project.

[cory]

We got enough time for A new coaster in 2011 it may not be open soon as the park opens but it can open anytime of the year. I cant find the video but at the end it said Ed Hart says for people to visited the park over Holiday World and Kings Island we need a rollocoaster that cost from 10-15 million. If we get one it will bring hype to the park.

[DarienLake:D]

Thats a big proposal. I don't think they will be able to afford a $10+million coaster after one year.. Well if they buy it on account maybe and pay it off over the years... But the first year will be rough unless they do something big for the park...

[Austin]

We don't have the time to build it for 2011.

[sccard01]

We don't have the time to build it for 2011.


No one knows what type of coaster it is or its size that could be going in the Kingdom. If their is a coaster, it may open up around the same time as the fair like thunder run in 1990.


also

No one really knows how long it takes to plan a coaster. We just know it takes about a year or two for a B&M and Intamin. We don't know how long it takes for a Euro Fighter or whatever, Or a Wooden coaster.

[Austin]

It takes a while to plan a coaster. He isnt going to build one of these stupid takes 2 weeks to build coasters. Hes going to get a real coaster. One that requires engineering. They don't have a agreement with the state yet, there is no available space yet, and there is no ground work done yet which would have been happening at the max one month ago. It is getting too late in the season to design, produce, and build a coaster. It took more than a year of planning to build Voyage.

If the company is professional they will take a considerable amount of time drafting, building it in CAD then revising, build in CAD, then send it out to the park to look at. Of course theres more to it than that but these companies arent like walmart where you can go in and pick anything you want and have it at your park a month later. Euro's are simple because they dont really change their layouts.

[Changsucks]

Euro's are simple because they dont really change their layouts.

Well they can be changed, just as with any other type of a coaster; it's just that parks like to stick with the simple compact design. But I agree with you, a coaster opening next year is highly unrealistic, unless it's a kiddie coaster.

[DarienLake:D]

Which they don't really need 2... So maybe a flat ride or rumored water slides!

[Austin]

Two?

[Changsucks]

^He means the park doesn't need another kiddie coaster in addition to Roller Skater. And I agree. So if what I think is correct, and a kiddie coaster is all there is time for, then next year will probably (hopefully) bring a flat or slide.

[Truth Seeker]

The chance of bond approval is beginning to look even slimmer.

[Austin]

Why? Its still got great odds

[Truth Seeker]

I wouldn't be too sure on that. Several other fan site's members are voicing opposite opinions on this matter. Not only that but, KK is even recieving negative approval from some of Louisville's delegation, which if i remember correct is the most liberal area of Kentucky. If Hart can't even win over Louisville then, I have no idea how he is planning to win the majority of Kentucky. Time can only tell.

[nitrofan]

When it all comes down to it, I fully support Ed Hart reopening KK, but the state should not be paying for it. Even if he plans to pay it back, KK is a private business, not a government enterprise.

[Truth Seeker]

If it's good, it's good. If the investment is sound and the state can afford it why not have them fund the project?

[Austin]

Why shouldnt the state pay for it? Its on their land and they stand to lose a lot of money by not funding it. This is basic economics here

[DarienLake:D]

They kind of own the land.. And Hart is only leasing the land from the fair board which is basically part of the state state government so to speak... So its there land they should help it get back on its feet and only for the first year or so.. Thats it..

[nitrofan]

It's not basic economics, it's the government taking over private businesses. If you think it's a good idea, fine. At least it's not my tax dollars funding an amusement park that I still have to pay to use.

[MadCard05]

The deal is that they're going to make that money back straight up + the tax money they'll generate from the park, it's workers, and the increased business for the surrounding hotels, gas stations, food places, etc.

Sometimes you have to spend money to make money. If you're going to spend money on this park as the Government, Ed Hart is the most proven commodity you could possibly have. He's done it already, he has the track record.

This isn't a case of General Motors, or the Banks. They screwed up huge, and they asked the Government to bail them out so they could keep doing business, and the banks NEVER have to pay it back. You know what those banks would do to me and you the moment we said we wouldn't pay back our loans?

The single act of re-opening Kentucky Kingdom with proven management generates a ton of tax revenue for the state, it gets people employed, and it keeps money in the state as opposed to it going to Indiana and Ohio.

[Austin]

When did the government take over a private business that they own? The Kentucky State Fair owns the park out right and the KSF is a division of the of the Kentucky state government.

Its their land and they need to pay for some of it. And yes it is basic economics as Madcard pointed out. The state will gain alot from this. Many people will be employed generating taxes for the state, taxes from the parks operation will go back to them, the parks lease goes back to them, famlies in kentucky will stay in kentucky more often to go to the park now that it would be open instead of going to HW or KI frequently making KY lose that money, it would attract others from different states increasing Hotel occupancy and have money coming from those that come to the park.

Theres a ton of ways that they cant lose on this.

[Truth Seeker]

The, "state," is made up of it's inhabitants. Under Ed's plan the state will use money from it's inhabitants to fund Kentucky Kingdom. Surveys, which were conducted by the state and not the Kentucky Kingdom predict KK will draw an estimated 1 million visitors. Taxes from sales, operation, and construction will then funnel in an estimated 7 million back into the state and it's citizens via tax money. On top of receiving the 7 million Ed hart is also required to pay three million dollars a year in order to pay off the loan he received. The goverment can now use that money to pay for other government funded branches, education, law enforcement, etc. As Austin said this, "loan," will not only create a surplus of funds for the State Treasury but, help keep business in Kentucky. Right now the state is losing all of the previously generated tax money from KK to outside states. Hotels, gas stations, and even restaurants are seeing a decline in revenue. Even if the park manages to fail in generating funds needed to pay it's lease agreement and loan payment's it only has to generate 47% of the predicted 7 million in taxes for the state to break even. I understand you, as a citizen in our country might feel somewhat cheated if this happened in your state but, just like a book you must not judge this event by it's cover. Sure it might seem a little sketchy at first but, if you take a look inside of the book you'll be more than pleased. To dig you need a shovel, to paint you need a brush, and to make money you must first have money. You can't expect a mechanic to fix a car without a wrench, why would you expect a business to be successful without letting it possess the tools to do so?

ADMIN EDIT: Since it is currently looking like SFKK will not be opening in 2012 either, I think it is safe to say that this rumor is false.

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