Archive for Wednesday, October 31, 2001
Governor sees no Oz in Kansas’ future
October 31, 2001
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Gov. Bill Graves said Tuesday he believed the proposed $860 million Wonderful World of Oz theme park was probably somewhere over the rainbow.
"I think that project is unlikely to occur," Graves said after developers failed to meet a Monday deadline for paying back money it owed the Kansas City, Kan., Board of Public Utilities.
"Missing that deadline adds another nail to the coffin," Graves said.
Los Angeles-based Oz Entertainment Co. had to pay back $400,000 it owed for almost 10 years in order to be eligible for state sanctioned bonds and tax incentives. The company missed the deadline.
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