The new partners who are working toward reopening the former Kentucky Kingdom amusement park said the facility is in bad condition and may not reopen until 2014.

The Louisville Courier-Journal cited a development plan submitted to Louisville officials in reporting that the Koch family, which operates Holiday World theme park in Santa Claus, Ind., said all or most of the park’s attractions “need to be completely refurbished to ensure safety.”

The Koch family signed a 50-year lease earlier this year to run the Louisville park with hopes of reopening it next year. They have said it will be renamed Bluegrass Boardwalk and will feature free soft drinks, sunscreen and inner-tube use at its water park.

The park closed two years ago amid bankruptcy proceedings. It was formerly operated by Six Flags.