$100 million in taxes to help Cedar Point, Sandusky

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SANDUSKY, Ohio (AP) — The parent company of one of Ohio’s major amusement parks has reached a $100-million, 20-year public investment deal with Sandusky, Ohio.

The city’s agreement with the operator of Cedar Fair park includes a new causeway and water taxi on Lake Erie.

These and other improvements will be funded by tax increases on park guests.

Cedar Point also agreed to maintain a corporate presence in Sandusky, although it’s unclear whether that includes company headquarters.

Starting in January, Sandusky will double its admissions tax to 8%, or about $2 more per $50 ticket, and an 8% parking tax will also go into effect.

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