Chuck Gould wrote:
Here's an interesting case;

A couple bought a (large) wooden boat for $21,000 back in 2001 and
then spent $600,000 for repairs. (There's a familiar story.....)

Six years later, the boat is going to be opened to the public in an
effort to raise the enormous amount of money required......... to
repair and renovate the vessel again!

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Former Boblo Boat returning to Detroit
AP
DETROIT (AP) - One of the excursion boats that ferried passengers to
the defunct Boblo Island amusement park will be tugged up the Detroit
River later this month to kick off the weeklong celebration of the
renovated Detroit riverfront.

That takes me back... One of the highlights of my childhood
was each summer's annual trip to Boblo. We'd get on the
Boblo boat in Wyandotte for a short ride to the island. It
was a pretty cheesy amusement park but great for young kids.

Later as teenagers we would water ski, drink beer, etc. at
white sands on the south end of Boblo. One night some
'acquaintances' got into the park and let the giraffes out
of their pen. I think that one made the local news.