Incentives Offered To Help Reopen Kentucky Kingdom - NewsChannel5.com | Nashville News, Weather & Sports

Incentives Offered To Help Reopen Kentucky Kingdom

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LOUISVILLE, Ky. (AP) - Investors seeking to reopen Kentucky Kingdom are being offered financial incentives of up to $300,000 annually.

The Courier-Journal reported the offer from Metro Louisville officials and the Louisville Convention & Visitors Bureau came as Gov. Steve Beshear endorsed a lease deal Tuesday night with potential park operators.

The actions come as the Kentucky State Fair Board prepares to vote Thursday on the proposed lease with Kentucky Kingdom Redevelopment Co., which is led by businessman Ed Hart.

The park, which is owned by the fair board, has been closed since 2009 when Six Flags walked away from its lease during a bankruptcy reorganization.

(Copyright 2013 by The Associated Press. All Rights Reserved.)

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