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I-39 Raceway

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Old 07-03-2006, 08:15 PM
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Default I-39 Raceway

Anybody have the latest news on how the I-39 Raceway in Minonk, IL is going? The project was slated to be done by this summer but that was too much wishful thinking. I've driven by where I think it's going to be built, but I've not seen any ground broken or work being made at all. Anyone got the latest gossip on it?
Old 07-04-2006, 12:17 AM
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The rumor I had heard over the weekend was the land it was to be built on has been purchased, but one of the financial backers has...well, backed out. So now....?
Old 07-04-2006, 10:08 AM
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I managed to find an email address of one of the guys in the know. He said currently they are stalled, working with the council on the Development Agreement. Sounds like this could be a long process.
Old 07-04-2006, 11:10 AM
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Well that stinks. Sounds like no track this year for sure.
Old 07-05-2006, 07:17 PM
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One Of The Board Members Of The City Of Minonk Was In My Office Today...he Said That The Problem Was In The Paper Work, Specifically Something About A Tax Incremental Funding Deal. Major Long Time To Work It Out. He Did Not Mention Anything About Anyone Backing Out.

Did Say That It Would Be Spring At Best Before Any Dirt Is Moved, And Maybe Longer??? But Is Still A Go (?)

This Is What I Think I Heard Him Say. Do Not Quote This As Gospel!
Old 07-06-2006, 12:33 AM
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Well that sucks, but glad to know at the same time. Thanks for the investigative work, stud!



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