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Posted: Thursday, 09 July 2009 3:40PM

Company applies for bonds to revive NO theme park




A startup company has applied for $100 million in bonds to revive the shuttered Six Flags New Orleans theme park.

Southern Star Amusement, which has been pushing the idea of redeveloping the park, filed the application with the New Orleans Industrial Development Board for Gulf Opportunity Zone bonds.

Officials say that agency's governing board will consider the request on July 21.

At the same time, a unit of media giant Viacom, says it has had talks with the company and the city, but had not reached a deal. A spokeswoman will only say ``there are many viable locations for future Nickelodeon theme parks, one of which could be New Orleans.''

Six Flags New Orleans has been closed since it flooded during Hurricane Katrina in 2005.

   

  04:07pm CST, 11/07/09
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