Kentucky's Ark Encounter theme park, whose replica of Noah's Ark will be "actual size," just got a
huge present from the city.
The city of Williamstown in Grant County has agreed to give a biblically themed amusement park a property tax discount of 75 percent over the next 30 years. Mayor Rick Skinner said the offer is laid out in a memorandum of agreement that will be followed by a formal tax-increment financing deal with Petersburg-based Ark Encounters LLC in coming months. The tax deal is in addition to almost $200,000 given to the company by Grant County's economic development arm as an enticement to keep the project located there, along with 100 acres of reduced-price land. And that's not counting the state's promise of $40 million worth of sales tax rebates and a possible $11 million in improvements to the interstate near the project that would be financed by the Kentucky Transportation Cabinet.
No matter how shitty the economy, there's always money for Jeebus.
reposted from Joe
Kentucky's Ark Encounter theme park, whose replica of Noah's Ark will be "actual size," just got a huge present from the city.
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