| Published: | Jan 23, 2013 6:45 PM EST |
| Updated: | Jan 23, 2013 6:45 PM EST |
TALLAHASSEE, Fla. (AP) - Silver Springs, one of Florida's oldest tourist attractions, is going out of business and will become a state park.
The north Florida attraction, famed for its glass bottom boats, has been plagued by low attendance and pollution, which has clouded its once-clear waters.
Gov. Rick Scott and the Florida Cabinet on Wednesday agreed to accept a $4 million lease buy-out from Palace Entertainment.
The lease had called for the firm to manage the state-owned property near Ocala as an attraction through 2029. It now will end on Sept. 30. Palace will continue to manage the property as a tourist attraction until then, and then the Florida Park Service will take over.
The buy-out funds will be used to help clean up the pollution and restore the property to its natural condition.
(Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)
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