New theme park planned
CAVENDISH, P.E.I. - Cavendish is abuzz with anticipation about a proposed multi-million dollar family theme park for the area and the province announced yesterday it was putting in millions of dollars.
Just what the development will be is, officially, a deep secret until a community meeting to be held on Aug. 31 at the Cavendish United Church.
At that time, Matthew Jelley is expected to unveil plans for what the province hopes will be a replacement for Rainbow Valley.
"There is not a whole lot I can do prior to that," said Jelley when contacted yesterday.
The Jelley family owns Magic Mountain in Moncton and The Sandspit in Cavendish.
Mike Currie, Minister of Development and Technology for the province approached The Guardian Monday to announce provincial funding.
"I am pleased, on behalf of the province, that we are certainly working very closely with a group of investors that have come forward to save Rainbow Valley," said Currie.
"We had to step in as a province because of what Rainbow Valley meant to our economy."
The closure of Rainbow Valley was announced on April 27 as part of a federal government news conference in Charlottetown concerning an ecological integrity fund helping the P.E.I. National Park.