Showing posts with label Grant County. Show all posts
Showing posts with label Grant County. Show all posts

Wednesday, July 26, 2017

Ken Ham Sells Ark Encounter Land Back To Himself

And Hey Presto!  Just like that, it is back again.  The Lexington Herald Leader is reporting that the land on which the Ark Encounter sits, has been sold back to Ark Encounter, LLC for...$10.  From Linda Blackford:
Three days after state tourism officials suspended an $18 million tax incentive, officials at a Noah’s Ark theme park have sold their main parcel back to their for-profit entity for $10.

The issue started in late June after Ark Encounter LLC sold the parcel to its non-profit affiliate, Crosswater Canyon for $10. The deed continues to describe the property as worth $18 million even though the Grant County PVA has assessed the land for $48 million.

Ark Encounter officials have declined to say why they sold the property in the first place, but the move in June coincided with their refusal to pay a safety assessment tax levied by the city of Williamstown. City officials worried that the sale might be the first step in the ark park claiming non-profit status, which would exempt it from property taxes.

But on July 18, state tourism officials said the land sale breached the sales tax rebate incentive agreement, which was with Ark Encounter LLC, not Crosswater Canyon.
Of course Ark officials have declined to say why they sold the land back.  I am quite sure it had nothing to do with the fact that Ken Ham and company somewhat nakedly tried to get out of paying $700,000 in infrastructure taxes to the city of Williamstown by executing an ethically questionable business deal and then, discovering that the $700,000 was a paltry sum compared to the $18 million in tax incentives over the next ten years and seeing how the sale played out in the media, went back on it.  I was going to write “did the right thing,” but I am not sure doing the right thing crossed their minds.

The only consolation in this is that Ken Ham is out $20.

Tuesday, February 28, 2017

The Law of Unintended Consequences Strikes Again

WKYT TV has a note on how the county that gave tax incentives for the building and marketing of the Ark Encounter is going broke:
Ham said the Ark hosted 500,000 visitors in the six months it was open in 2016. A staffer said about 645,000 guests have visited the 510-foot replica of Noah’s Ark. Ham called the Ark a success but its success has not had quite the ripple effect that many in Grant County expected.
“It’s been a great thing but it’s not brought us any money,” said Grant County Judge-Executive Steve Wood during a break from a budget meeting.

The county is teetering on bankruptcy and is trying to balance the budget. Wood said they were to the point where jobs may have to be cut. He will propose a 2% payroll tax at next week’s fiscal court meeting. He blames prior fiscal courts for the budget crisis, not the Ark. But he said the Ark had not lived up to its promise.

“I was one of those believers that once the Ark was here everything was going to come in. But it’s not done it. It’s not done it. I think the Ark’s done well and I’m glad for them on that. But it’s not done us good at all.”
What seems to be happening is that the people that are coming to the Ark Encounter aren't patronizing the local establishments or adding to the local economy at all. Even the passing of a bill authorizing the building of bars didn't help.  Hermant Mehta at Patheos has some thoughts about this:
The types of businesses that cater to alcohol-drinking customers aren’t swayed by a theme park aimed at fundamentalist Christians.

Despite people visiting Ark Encounter right now, business owners don’t see it as a long-term success and don’t want to invest in the surrounded areas as a result.

Ark Encounter’s existence raised the property values in surrounding areas, pushing away potential businesses.

Whatever the reason is, it seems fair to say that Grant County leaders doubled down on the idea that Ark Encounter would create tremendous economic benefit for everyone in the area. That hasn’t happened yet. There are also no signs that that will change in the future. They gambled and lost, and they were duped by the Creationists who promised them the world.
I am trying to work up sympathy for the local government who, over protests, authorized these tax breaks. They bought into the Disneyization of Christianity and, rather than see people coming to Christ, they saw dollar signs.