A new amusement park in Guntersville is shutting down for good.

Lake City Amusement Park, open only since April, is closing because it has lost its funding source. A Facebook announcement posted shortly before 3 p.m. Thursday confirmed the closure.

"Our apologies to our community and our customers. Lake City Amusement Park is closing permanently due to the fact that we lost our financial backing. We have exhausted all avenues in the search for another investor and we simply don't have the resources to carry on."

Season pass holders can request a refund by mailing their full name, address, phone number and Lake City card number to P.O. Box 1187, Guntersville, AL, 35976.

The venue, which has 35 rides, said Monday it would shut down for a few days due to heat and to perform maintenance before the Fourth of July weekend. The 302 Reed Road park was originally scheduled to reopen at noon Friday.

Lake City was to be built in three phases, the first of which launched this spring with rides, concessions and games. Phase II, a water park, was set to open in April 2017, followed by an RV park in Phase III.

AL.com has contacted Lake City's marketing manager for more details and will update as information is available.