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Topic: Jackson Speedway Update Email this topic to a friend | Subscribe to this TopicReport this Topic to Moderator
Page 1 of 1   of  5 replies
slideguy
February 14, 2012 at 01:25:28 PM
Joined: 12/03/2004
Posts: 414
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Jackson Speedway officially up for sale
Bidding authorized at Tuesday’s meeting

by RYAN BRINKS
Jackson County Pilot News EditorThe Jackson Speedway was officially put up for sale on Tuesday when the Jackson County Board of Commissioners authorized notices to bidders.A subcommittee of the board and the Jackson County Fair Board had delineated boundaries for what would be sold, and following a potential tweaking of one boundary line, buyers will now be sought through advertisement in the local newspaper and in trade publications regionally and possibly nationally. Up for bid is approximately 36 acres of the 47-acre Jackson County Fairgrounds, from 789th Street on the north to the go-kart track on the south, not including the horse barn and arena, and from the fence outside turns three and four on the west to the eastern property line.
A subcommittee of the board and the Jackson County Fair Board had delineated boundaries for what would be sold, and following a potential tweaking of one boundary line, buyers will now be sought through advertisement in the local newspaper and in trade publications regionally and possibly nationally. Up for bid is approximately 36 acres of the 47-acre Jackson County Fairgrounds, from 789th Street on the north to the go-kart track on the south, not including the horse barn and arena, and from the fence outside turns three and four on the west to the eastern property line.




Yardsale
February 14, 2012 at 05:15:17 PM
Joined: 08/27/2011
Posts: 111
Reply
Reply to:
Posted By: slideguy on February 14 2012 at 01:25:28 PM

Jackson Speedway officially up for sale
Bidding authorized at Tuesday’s meeting

by RYAN BRINKS
Jackson County Pilot News EditorThe Jackson Speedway was officially put up for sale on Tuesday when the Jackson County Board of Commissioners authorized notices to bidders.A subcommittee of the board and the Jackson County Fair Board had delineated boundaries for what would be sold, and following a potential tweaking of one boundary line, buyers will now be sought through advertisement in the local newspaper and in trade publications regionally and possibly nationally. Up for bid is approximately 36 acres of the 47-acre Jackson County Fairgrounds, from 789th Street on the north to the go-kart track on the south, not including the horse barn and arena, and from the fence outside turns three and four on the west to the eastern property line.
A subcommittee of the board and the Jackson County Fair Board had delineated boundaries for what would be sold, and following a potential tweaking of one boundary line, buyers will now be sought through advertisement in the local newspaper and in trade publications regionally and possibly nationally. Up for bid is approximately 36 acres of the 47-acre Jackson County Fairgrounds, from 789th Street on the north to the go-kart track on the south, not including the horse barn and arena, and from the fence outside turns three and four on the west to the eastern property line.



How long does the bidding process take? Can a deal be done by race season?

BigGMan
February 14, 2012 at 10:11:33 PM
Joined: 06/02/2008
Posts: 252
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I suppose it could be done that fast, but seems unlikely. Would think it would take a month or so to advertise. Unless Big Game is the only interested party, seems like another month or two to receive bids and evaluate them. Probably another month for the lawyers to get all the documentation competed and do the closing. That takes us to sometime in June.

That said, I'm guessing that the county and Big Game already have a nearly completed deal and that no one else will be seriously interested. They'll close by May 1 and upgrades will begin. (I hope)




hotrod34
MyWebsite
February 14, 2012 at 11:04:16 PM
Joined: 03/28/2010
Posts: 49
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I sure hope Big Game, Todd and Jon get this done.. It must be closer than we know as the All Stars, IRA and 2 big 360 shows are already on the schedule.



veteranracer
February 15, 2012 at 12:37:38 PM
Joined: 12/28/2005
Posts: 121
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Reply to:
Posted By: hotrod34 on February 14 2012 at 11:04:16 PM

I sure hope Big Game, Todd and Jon get this done.. It must be closer than we know as the All Stars, IRA and 2 big 360 shows are already on the schedule.



Just heard the details on the radio.

Bid packets out in March. Open bids Mid April.

Closing on track purchase late Aug or Sept.

No new owner till 2013 season.



slideguy
February 15, 2012 at 01:18:30 PM
Joined: 12/03/2004
Posts: 414
Reply
Reply to:
Posted By: hotrod34 on February 14 2012 at 11:04:16 PM

I sure hope Big Game, Todd and Jon get this done.. It must be closer than we know as the All Stars, IRA and 2 big 360 shows are already on the schedule.



I am still not sure them buying the track is a good thing? Once the fairgrounds sells it, then they don't control if and when the track runs. Plus, I believe it removes the fairground noise exemption law, which means that any noise complaints could cause a lot of trouble.





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