View this article online: https://www.claimsjournal.com/news/east/2007/07/10/81502.htm
Pa.’s Conneaut Lake Park has used its meager funds to keep liability insurance in effect until Monday, when a new board will have to decide the future of the beleaguered park.
The park, which has not had the cash to open since the start of the season, made a $7,000 payment to the insurance company on Friday. Keeping the full insurance policy required a $28,000 payment by midnight Sunday, but general manager George Deshner said those funds were not available.
On Monday, the park’s 15-member board of directors were to consider a proposal set forth by two Conneaut Lake residents who headed a fundraiser that collected nearly $60,000.
The two, Dick Williams and Greg Sutterlin, said they will only release the money if it is used to open the park, cover the insurance, pay an $8,000 electric bill to restore power to park areas and restock the Beach Club. They also insist that the park operate the Beach Club rather than lease it out.
The new board of directors took control at the end of June after a court-appointed overseer was allowed to resign.
Information from: The Meadville Tribune,