
Let's start by discussing the important part ... financial matters. For the property itself, we proposed a flat cash annual lease payment, plus a guaranty on local sales tax collections of $1.8 million so that the HUD note can be satisfied. If, for any reason, the local sales taxes generated by the site fall short, we will make up the difference so that the HUD note can be paid without having to dip into the general fund.
The other bit of misinformation that keeps circulating is that none of the theme park proposals had financing. In our case, that simply isn't true. We are still working to complete our funding package, but we have about a third of the financing we need, including backing from local business leaders. We are NOT asking for any TIFs.
While our proposal includes several changes to the existing site, it is still in the conceptual stage. Plans will only be finalized after we have had the opportunity to conduct community meetings so that we can get citizen comments and feedback regarding the proposed plans. Engineering studies regarding the structural integrity of the structures must also be conducted. In the current conceptual plan, the park's footprint would be expanded slightly. The new water park would be constructed adjacent to the park, with the film back lot at the opposite end of the available acreage. This is illustrated on the park map that can be accessed via the link at the top of this page.
Why the name Jazzland? In addition to being the right name for the theme, let's face it ... this is Louisiana. No matter what name we would put out on the sign, everybody would still call it 'Jazzland', so why fight it? Jazzland will be returned to its roots, a celebration Louisiana. Our intentions are to infuse the park with art, music and cultural elements that highlight our rich heritage. The park will utilize some of the existing elements, while adding others. The park will be divided into four areas: