Aerial map shows the former Waterloo Greyhound Park in Waterloo, Iowa. Image from Google Maps
>
The Meskwaki Tribe of Iowa is seeking to foreclose on a former dog racing track that it bailed out of bankruptcy in the 1990s.
The tribe paid $9.1 million to save the National Cattle Congress, which operated the former Waterloo Greyhound Park until 1996. As a result, the tribe holds a lien on the old track and other NCC properties.
The agreement allows NCC to pursue gaming at the track with tribal approval. But efforts to install slot machines and to open a casino have failed despite its high-profile location near two major highways.
NCC tried to sell the old track to a trucking company. But talks with the tribe to repay its investment failed and now the tribe has filed a petition in Black Hawk County District Court to foreclose on the site.
The tribe operates the Meskwaki Bingo Casino Hotel on its reservation, about 45 miles south of Waterloo.
Get the Story:
Cattle Congress seeks dismissal of Meskwaki foreclosure action
(The Waterloo Cedar Falls Courier 7/11)