UPDATED: Friday, April 13, 2012 - 8:54am
WACO -- Hawaiian Falls *Water Parks has teamed up with the city of Waco to revamp the Waco Water Park.
While nothing is final yet, when completed the park could be up to *three times its current size and bring in nearly 175,000 people annually.
It would also create about 175 new summer jobs and increase family-friendly activities within the city.
"It obviously can provide another great amenity for quality of life for our citizens, that's without question. We'll have an attraction, we'll be bringing people in from out of town, spend money, enjoy our town, stay in our hotels, buy food, and so it's a, it's really a great deal for us," City Manager Larry Groth said.
The park would still be owned by the city but leased to Hawaiian Falls.
The anticipated total expense is $5.5 million, but strictly $2.5 million would come from the city.
Details will be worked out over the next two weeks, but they're hoping to have it done by May.