Greene needs outside advice on water park
Jan 25, 2012 12:03 am
Ariel Zangla in The Daily Freeman reports that Greene County is paying an Leisure Business Advisors of Richmond, Va. something less than $10,000 of taxpayer money to audit financial prospects for the proposed Great Wolf Lodge indoor water park in New Baltimore. County Administrator Shaun Groden told Zangla that he should have a report Feb. 3 on the prospects for $115-million 400-room hotel and 80,000-square-foot indoor water park, restaurant and lounge, large conference center, arcade, and gift shop. The Greene County Industrial Development Agency wants to borrow up to $15.6 million to pay for infrastructure improvements for the Kalkberg Commerce Park in New Baltimore, where the water park would be one of many businesses. That loan would be repaid through a fee on room rentals and sales tax at the hotel. The owners of Zoom Flume, the outdoor water park in Durham, are among the projects critics. Read the entire story in The Daily Freeman.