TRUE OR FALSE
It has been over 11 years and in fact 12 years this August 29, 2017 from that fateful day HURRICANE KATRINA made landfall as a Category 3 storm. As of today in June 2017 most of the effects of that storm are now just a bad memory EXCEPT for one Major Reminder the City of New Orleans has mostly Ignored and Forgotten.
Well most of that statement is TRUE. The part that isFALSE. The idea that the CITY has forgotten the park is not so likely. It just has no idea what to do with it and has got the idea that the park is worth Millions of Dollars and some Major Company will come in and shower the City with Big bucks! They use the term FIDUCIARY RESPONSIBILITY. We call it by its Layman's term UNREALISTIC or WISHFUL THINKING AT BEST.
Sounds Harsh! OK lets be real here the park has set unused (other then as a movie set) for almost 12 years while the local community suffers from lack of employment opportunities, slow to almost no growth, 0 (Zero) Tax Income from the property, Cost to the City for Security and Maintenance, Extra Police and Court Actions cost, PLUS the City ( you the Tax Payers are still paying off the H.U.D. loan taken out for the park by the city.) Oh sure that is first class FIDUCIARY RESPONSIBILITY IN ACTION when you understand that our group is standing here waiting to rebuild the park without asking for or needing any monetary help from you, the Tax payers!
IF there was any BIG Company that wanted this park you would think that by now it would be a well known FACT! Truth is NO ONE IS WAITING IN THE WINGS other then the few who have already made themselves known. And of that group we are the only company who has the plan, resources and skill to make this happen for 2018. But now even that is at risk as we need time to rebuild and the city flat will not do the right thing and turn the park over to us so we can get on with the rebuilding! If we can not make a 2018 opening the only blame at this point is your city governments lack of action. WE ARE READY NOW TO START WORK NOW!
The Park FAILED in the Past! FALSE!!!!! The thing about URBAN LEGENDS is that most of the time they are based on speculation and rumor NOT HARD FACTS!
The park was flooded by Katrina and abandoned by SIX FLAGS with good reason SIX FLAGS was in BANKRUPTCY AND TWO BILLION DOLLARS IN DEBT. THAT IS $2,000,000,000.00 IT WAS MUCH EASIER TO JUST CUT AND RUN THEN TO REBUILD THE PARK.
The truth is the park was making money and growing. Six Flags problems had very little to do with this park and they where about to add a Water Park when the storm hit. Not the actions of a company that did not see the potential for growth.
RISK and REWARD
TO SAY THERE IS NO RISK HERE WOULD STRAIN CREDULITY!
However lets understand just who is taking the risk and who has NOTHING TO LOSE!
THE CITY AND ITS PEOPLE HAVE EVERYTHING TO GAIN AT NO COST TO THE TAX PAYER! OUR COMPANY DREAMLANDING FESTIVAL PARK LLC IS TAKING ALL OF THE RISK TO THE TUNE OF 30 MILLION DOLLARS PHASE ONE! AND UPWARDS OF ANOTHER 100 MILLION DOLLARS OVER THE NEXT 5 TO 7 YEARS.
THE CITY WILL RECEIVE NOT ONLY THE CURRENT APPRISED VALUE OF THE PARK BUT A PERCENTAGE OF EVERY TICKET SOLD IN PERPETUITY (FOR AS LONG AS THE PARK IS IN OPERATION) PLUS ITS NORMAL SALES AND PROPERTY TAXES IN SHORT THE CITY AND ITS PEOPLE ARE THE WINNERS!
PLEASE MR. MAYOR
WE NEED ACTION TODAY TO OPEN
IN TIME FOR THE CITY'S
"300TH" TRICENTENNIAL YEAR
Dreamlanding Festival Park