Providence Journal: The rugged, scenic spot that was once Rocky Point amusement park now belongs to the public. Roughly 82 acres of the land was preserved when U.S. District Court Ronald R. Lagueux approved the state’s purchase of the land for roughly $9.65 million.
Using bond money, the state Department of Environmental Management is purchasing the land from the U.S. Small Business Administration, the court-appointed receiver for the landmark park that was bankrupt when it closed in the mid 1990’s. “This is a great day for the people of Rhode Island,” said Mark Hayward, district director of the SBA.
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