mav86

There really isn't an expiration date on any ride, but most theme parks depreciate the cost of a ride over time. The worth of the real estate would be based on the value of the rides on the property. Rides that have been depreciated over the years would not bring as much value to the table. Sure the ride is worth something, but not as much as when it was first built. I wonder if any permits were filed by Six Flags to start work on the waterpark expansion. Anyone can get plans drawn up, but when you file for building permits, then you are serious about the project.

You would be surprised how many theme parks and waterparks are on leased land. It's not as uncommon as people might think. I would love to see what was in the lease between the SFKK and the Fair Board. You can't tell me that all the conditions were not spelled out in the lease. I have seen a few lease agreements and they spell out the conditions in great detail as to who owns what, what happens if either side breaks the agreement, who pays taxes, the list goes on. It's not as simple as each side is trying to make it seem.

No matter how you look at it, removing rides, especially rollercoasters is not a cheap project. You just don't hire a group of guys from the Home Depot parking lot to come out and take a ride apart. It's going to require people that know what they are doing and that costs money. Something you don't have alot of if your in bankruptcy. Six Flags makes the statement that they are going to move the rides to other parks, well unless they were planing on pulling out of Kentucky last year, I don't see where they would be able to get the capital to dismantle, move and build any ride worth moving. They would have had to built that into a budget for 2010 (which would have been planned in the fall of 2009) with whatever park they are planing to move the ride to. This wasn't a last minute thought process, Snyder & Shapiro have been planing this out for awhile. The Fair Board just made it easier for them to cry foul and leave. Hopefully one of the other operators will get the park and run it right. (only if they can get a lease with the fair board that makes sense)

that would be a mistake. I worked at SFKK when it was just KK and there were some shady things going on then with Ed and the park. It's sad that SF is closing the park. It really was a great park back in the 90's but SF just didn't know how to operate it right. This statement is from 2007...I just have a gut feeling Ed will buy the park.