"The way I'm reading the numbers here, it looks like a shell game," said Seibert. "It looks like a way to make sure you can't keep your eye on the bouncing ball and you can't follow the money."

McCrady says the amusement park idea is not dead. He says a new developer has until December to raise enough money to buy the land and start planning construction. This time, McCrady made no promises the same disappointments related to the amusement park wouldn't happen again.

"You can never say it's not going to happen again," McCrady said. "I would never say that in any project. But I think the point where our board is now is we're not starting over. What's in place now with the project will continue to be utilized."