Commission to Discuss Jungle Island's Debt Tuesday

No immediate action is expected to be taken

Miami's Jungle Island zoological park is short $2 million needed for a federal loan payment.

The Miami Herald reports park owner Bern Levine says an outside investor is ready help make the payment but only if Jungle Island's lease is extended another 50 years. The park also wants to expand its reach on Watson Island to attract a hotelier, restaurants and retailers.

Miami Mayor Tomas Regalado says the request is impossible. He says the park needs to come up with the money.

Read more on Jungle Island's financial troubles first reported by NBC 6.

The city and Miami-Dade County are on the hook for up to $40 million if the park defaults on its federal, city and county loan obligations.

City commissioners will discuss the park's future at a special meeting Tuesday. No immediate action is expected to be taken.

Orangutans at Jungle Island Use iPads to Communicate

Copyright AP - Associated Press
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