Local News
4:12 pm
Wed October 31, 2012

Kentucky Kingdom Investors, State Finance Cabinet to Meet

The Kentucky Finance and Administration Cabinet has reached out to Louisville businessman Ed Hart's group -- Kentucky Kingdom Redevelopment Company -- to "discuss its proposal for reopening Kentucky Kingdom," according to a press release.

The group, comprised of four local investors, is the only known applicant in the state's request for proposals process.

According to the statement, the general counsel for the finance cabinet reached out to Kentucky Kingdom Redevelopment Company "to answer some questions the state has about KKRC’s response to its Request for Proposals for reopening Kentucky Kingdom."

A meeting between Finance and Administration Cabinet officials and KKRC is being arranged for next week.

“We appreciate the opportunity to sit down with state officials to discuss our proposal," said Hart in a statement.

The statement further said, “Because of the sensitive nature of the discussions, KKRC will not make any comment about the negotiations while they are ongoing.  We don’t want to say or do anything that could jeopardize our goal of reopening Kentucky Kingdom.”

(Read a timeline of Kentucky Kingdom's history.)