approved a lease agreement for the former Kentucky Kingdom property to the Koch family. It was announced that Kentucky Kingdom would be renamed Bluegrass Boardwalk, would reopen on May 11, 2013, and employ 25 full-time and 800 seasonal workers. Later that month the plans for the park's reopening began to unravel. On May 30, it was confirmed that the park would not reopen in 2013. On June 15, it was announced that the Koch family would not reopen the park at all, with Bluegrass Boardwalk CEO Natalie Koch stating: "many layers of governmental regulations and stipulations ultimately caused them to withdraw." Afterwards, former operator Ed Hart, before his return several months later, criticized the Koch family for using Kentucky Kingdom as an opportunity to help Holiday World continue to thrive without nearby competition to possibly harm its business. The Kochs, however, later disputed these comments. Ed Hart's return (2012–21) Ed Hart and the Kentucky Kingdom Redevelopment Company announced in August 2012 that they would begin work to reopen the park in 2014. On October 19, Hart said the company planned to invest $120 million, using $50 million to reopen the park and investing another $70 million over the term of the lease. All rides were slated to reopen with the exception of Greezed Lightnin', which was too costly to repair and reopen. The company also planned to add a $15 million roller coaster, install three new rides, and double the size of the Hurricane Bay water park. The planned expansion would be the largest in the park's history. In January 2013, the Kentucky Fair Board granted preliminary approval for a lease and the Kentucky Tourism Development Finance Authority (KTDFA) approved government incentives in support of reopening the park, placing Ed Hart and his investors in charge of park operations. The scheduled opening date was announced as May 24, 2014. On March 25, Hart specified that it would take more money than previously anticipated to rebuild and expand the park. The investment plan previously approved under the terms of the lease consisted of $20 million in partner equity and $25 million in borrowed money. The city planned to provide subsidies and tax incentives up to $200,000 per year for the first five years and $100,000 per year for following five years. Hart was able to secure $28.5 million in financing and proprietors would be under contract obligation to invest at least