| (The following remarks were presented by former
City Manager and City Council Member Don Von Raesfeld at a 25th
anniversary event held May 2, 2001 Paramount's Great America;
the remarks are reprinted with his permission.)
I am pleased to be here and to share in this 25th anniversary
of Great America Theme Park with all of you. First, let me
make a few points by introducing my wife of 2 years, Olga
Von Raesfeld.
When asked if I would say a few words today, I accepted.
The history of this City of Santa Clara event was without
equal, the highlight of my career as Santa Clara City Manager.
I would make a big mistake if I did not take this opportunity
to give credit to members of the Santa Clara City Staff and
the City Council back in 1972 when this idea was planted.
Back then, Councilman James Viso was a close friend of Fess
Parker (who as an actor, had portrayed both Daniel Boone and
Davy Crockett), who had close ties to the University of Santa
Clara. Councilman Viso brought Fess Parker to Santa Clara
with the idea and a goal to develop a Frontierland Theme Park.
The location that we are in today was then a pear orchard
and hay fields, and was enough acreage to accommodate such
a large development. Fess believed that the theme park would
provide good clean entertainment for children, young people
and adults. Fess obtained City Council encouragement and a
concept was developed where Fess and the City would be partners
and would share in the profits, if any.
Another key player was an attorney skilled in public finance,
Ken Jones. A concept evolved to create a Public Park District,
which would provide the security for raising the funds to
construct the Park.
Moving on with the story, real politics came into play and
Sacramento politicians criticized the City for its intended
role in financing and building a Theme Park, which they felt
was a commercial venture, and not appropriate for a municipal
government. The City finally informed Fess Parker that the
City would support the Park only as a true private venture.
Fess Parker continued to search for private financing. This
was difficult since all the planning had been based on a public/
private venture. Finally Randy Duel brought together Fess
Parker and the Marriott Corporation. Marriott had also been
working with Randy Duel to locate three theme parks, one in
the East, one in Central U.S. and another one on the West
Coast. After agreement was reached between Fess Parker and
the Marriott Corporation, things began moving at a fast pace.
In October 1973, the Marriott Corporation along with the
Santa Clara Chamber of Commerce and the City of Santa Clara,
had a fantastic groundbreaking at the intersection of Coffin
Road and Agnew Road, now the intersection of Great America
Parkway and Mission College Boulevard. The ceremony was attended
by many V.I.P.s including Art Linkletter, people from Marriott
Corporation, Bugs Bunny and others. Marriott built a great
Park, which laid the groundwork to benefit visitor enjoyment
for 25 years.
While this history is important, the real story begins here.
After about 7 years of operation, Marriott decided to sell
off the park. Development in Silicon Valley had exploded and
industrial land was in demand. Marriott Corporation struck
a sales agreement with a land developer to tear down the park
and turn it into office buildings. In that agreement they
provided the City of Santa Clara with a first right to match
the purchase price. It was obvious that having been given
this opportunity, the City would have had to approve the demolition
and rezoning if it didn't step forward and buy the park.
Forward-looking members of the City Council agreed to meet
this challenge and save the theme park. The policy decision
was not unanimous so the Council put it to an advisory vote,
which was approved by 76% of Santa Clara City voters. The
financing concept was simple. Mortgage the land and improvements
to secure the public debt. The debt would be paid by theme
park net income, in the form of a lease payment for the land.
Once again, the City had great legal assistance from attorney
Ken Jones and another attorney Bruce Ballmer. Since the project
was financed as a part of the City's Redevelopment Agency,
it only required a majority vote to be successful, and with
that vote the purchase moved forward.
The next challenge was to contract with an experienced theme
park operator. The City interviewed experienced operators
with the help of a Citizens Advisory Committee headed by resident
Josephine Rowen. With their input, the City Council contracted
with Kings Entertainment Company to run the Park, and Kings
Entertainment did an outstanding job. Under the leadership
of Al Weber, they expanded the park and continually offered
new entertainment. A few years ago, Paramount acquired Kings
Entertainment and they are doing a great job for our Santa
Clara citizens.
By the way, out of this success and the park's annual lease
payment for the land, the debt entered into to purchase the
park is being paid off year by year. Once all the debt is
paid, a good amount of annual income will eventually flow
to the City to benefit City programs and services for citizens.
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