Woodhall Spa Parish Council has finally signed an agreement, handing over control of Jubilee Park to a new company.
Details of the lease agreement with the company - Jubilee Park Woodhall Spa - have still to be revealed after the press and public were again controversially excluded from final discussions at a parish council meeting.
Hopes the deal will bring to an end a saga which has threatened to split the village could already be over.
Spa resident Daphne Robinson, who is opposed to the takeover, is pressing ahead with her calls for a judicial review into the process.
Mrs Robinson, a former parish councillor, has strongly criticised the council.
She said: “I know what people are saying. It’s me, Daphne Robinson, and I am all talk.
“If the council think that fine. This is not a threat. I am deadly serious. I am not going to walk away.”
Mrs Robinson claims the council has broken Government regulations and failed to be open and transparent about the process.
She added: “The park belongs to the community yet no-one knows what is going to happen, It stinks.”
She handed in a petition to the council, signed by 113 people, calling for a referendum about future ownership of the park.
However, council chairman David Clarke defended the council and rejected all Mrs Robinson’s allegations. The meeting heard that of the 113 signatures, only 40 were Woodhall residents.
Mrs Robinson said she was preparing documents to present to a judge who would decide whether to order a review.
Directors of JPWS are pressing ahead with their plan and say they will make a series of announcements.