Westchester County Executive Rob Astorino is proposing once again that an outside operator take over the management of 87-year-old Playland, the largest government-run amusement park in the country.
Astorino said at a boardwalk news conference the deal would mean taxpayers would escape millions of dollars of annual losses. Under the tentative 15-year deal, Standard Amusements would invest nearly $23 million in the park in Rye.
"Standard will pay the county 2.25 million dollars to start. They'll make annual payments to the county at $300,000 per year which increases with the cost of inflation, or 2 per cent."
The agreement has to be approved by the county Legislature.
A previous agreement with a nonprofit was scrapped last year.
- Associated Press contributed to this report.