02-28-2014, 04:58 AM
Here=> http://www.usatoday.com/story/news/natio...k/5881323/ Noah's Ark park in Kentucky will be built, officials say
No Church and State issues in Kentucky!(Only bond issues)
550 Feet of sturdy Gopherwood from the mighty Kentucky Gopherwood Forests
Late last year, the city of Williamstown, where the park is to be located, helped by offering $62 million in municipal bonds on behalf of the Christian group. The city isn't responsible for repaying the unsecured bonds, which would come from park revenues. Partly because of a lackluster response, the sale was extended in December.
In 2011, the Kentucky Tourism Development Finance Authority granted approval for up to $43.1 million in sales tax rebates over 10 years. State tourism law allows developers to recover up to 25% of a project's cost through a return of the sales tax paid by visitors on admission tickets, food, souvenirs and other expenses.
'ten plagues ride' reference=> http://news.cincinnati.com/article/20140.../302270047
No Church and State issues in Kentucky!(Only bond issues)
550 Feet of sturdy Gopherwood from the mighty Kentucky Gopherwood Forests
Late last year, the city of Williamstown, where the park is to be located, helped by offering $62 million in municipal bonds on behalf of the Christian group. The city isn't responsible for repaying the unsecured bonds, which would come from park revenues. Partly because of a lackluster response, the sale was extended in December.
In 2011, the Kentucky Tourism Development Finance Authority granted approval for up to $43.1 million in sales tax rebates over 10 years. State tourism law allows developers to recover up to 25% of a project's cost through a return of the sales tax paid by visitors on admission tickets, food, souvenirs and other expenses.
'ten plagues ride' reference=> http://news.cincinnati.com/article/20140.../302270047