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re: Jazzland theme park to return to NOLA?

Posted on 3/6/14 at 9:45 am to
Posted by DVA Tailgater
Bunkie
Member since Jan 2011
2966 posts
Posted on 3/6/14 at 9:45 am to
quote:

I also question whether enough money is budgeted. I am sure those numbers will go up.



Same, but I think if it gets approved/when the proposal gets more publicity, there will be other investors interested.

If it's successful, the rides will come later.
Posted by LSUFanHouston
NOLA
Member since Jul 2009
37286 posts
Posted on 3/6/14 at 10:20 am to
quote:

Same, but I think if it gets approved/when the proposal gets more publicity, there will be other investors interested.


Probably, because that is a concern of mine. Of the 45 million "raised" so far, 0 of that is equity. 35 million is debt, 8 million is essentially government money, and 2 million in sponsorships. You'd like to see some actual investors put some equity money into this thing, you know, such as the developers.

Starting off with a 75 percent debt load is not the road to prosperity.
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