Ocean Journey denied funding


DENVER (AP) Ocean Journey's efforts to survive financial woes were dealt a blow Thursday when the Scientific & Cultural Facilities District denied the aquarium's application for funding.

The district board voted 8-1 against providing funding for Ocean Journey. The aquarium, which houses more than 300 species of fish, birds, invertebrates and mammals, has been struggling for two years.

Ocean Journey president and chief executive officer Doug Townsend said he was disappointed with the outcome.

''While most of t, Ocean Journey suspended payments into a fund used to repay its bonds while it tried to restructure its debt, which includes $57 million in bonds and a $6 million city loan.

The aquarium had submitted its application in June for funding from the district, which funds more than 300 scientific and cultural organizations in six metro counties.

The district hired consultants to study the aquarium, district administrator Mary Ellen Williams said. The consultants' report was considered before the much as 40 square miles of watewrecks, and months from now they could be part of the state's first underwater preserve.

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