In a unanimous 17-0 decision by the Westchester County Board of Legislators, New York-based management company Standard Amusements will now begin co-managing Playland with the county for the remainder of the 2015 season.
Under the terms of the 15-year deal, the county will receive an upfront payment from Standard of $2.25 million. Standard is then required to make an additional $22.5 million in capital improvements to the park in the next five years, according to reports
from June 15:
The Westchester County Board of Legislators will be deciding Monday whether a $25 million investment proposal is the best way to revamp Rye Playland.
The 15-year management plan, which was proposed by Standard Amusements, is meant to make Playland once again profitable.
If Standard Amusements is chosen to revamp the amusement park, residents say they have concerns it must address. Among those concerns: what the city will be providing when it comes to police, fire and EMS services.
Legislator Catherine Parker, who represents Rye, is among the members picked to examine the investment that Standard Amusements is proposing for Playland. She initiated having the meeting in order to hear from those who live closest to it.