|Mountain Park Denies
Oct. 19th, 1987
HOLYOKE - Mountain Park is for sale
as a park, not as real estate for condominiums or other development, a
manager at the amusement park said today.
Timothy Champagne discounted rumors
that the 94-year old, approximately 250-acre park on Mount Tom is being
sold off for housing or that it has already been sold to developer Anthony
"His (owner John J. Collins) intention
at this time is to sell it as a park," Champagne said. Collins is on vacation
and could not be reached for comment.
Ravosa, contacted Friday, wouldn't
comment on whether he had bought the land or made an offer.
"At this point, we really have not
begun any negotiations," Champagne said, explaining that sale notices went
out only two weeks ago. He said he has heard from about 10 national amusement
park companies but wouldn't identify any at this time, and said he isn't
able to name a price for the park.
Champagne said the decision to sell
is based on a number of business factors and has nothing to do with this
summer's accident in which a man was killed on the park's train ride, or
previous accidents at the park.
"Many, many smaller amusement parks
are going out of business in the country," Champagne said. "Liability insurance
is just so far out of reach... labor in the area has gotten so far out
"The general operating costs are getting
so overwhelming that its just becoming very difficult," he said. A bigger
chain would be better able to operate the park without raising prices substantially,