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Roseland waterpark in Canandaigua, N.Y., has begun its third season of operation under new management and new ownership.
In January, it looked like the park would be under a bulldozer by spring but local businessman Dan Fuller, owner of the nearby Bristol Mountain ski resort, purchased the park out of bankruptcy after the previous owners defaulted on a $ 17 million municipal construction bond.
The last minute decision by Fuller, who had turned the ski resort around and saved it from the wrecking crews several years ago, came just hours before a foreclosure auction. In the process of saving the waterpark he also saved 175 summer jobs and a marketable attraction for the tourist area.
"I really look at this as a community project, to keep it going for the betterment of the area," Fuller told AB. "Our best goal here is to break even, and if we do make a little, it will go directly back into the park."
Fuller won't comment on how much he paid for the park, but local sources reported that the sale was in the $2 million or below range.
Attendance in 2001,...