Editor:
Dave Uphoff
The rumor that Minonk may be selected as the site for a new racetrack development was confirmed as a reality in an article in the Peoria Journal Star Saturday. However, most coffee shop patrons have been talking about it for over 2 weeks. It appears that the majority of those who were aware of the proposed racetrack are in favor of it. I have seen the figures associated with the proposed racetrack development and they are impressive. According to figures provided by the developer, Randy Hellyer, this $13 million development could increase property tax revenues by $150,000 a year, create 164 construction jobs, 295 seasonal jobs, and 7 full-time jobs. In addition, it is estimated that the economic impact could result in $15.9 million in yearly operation impacts. The school district will benefit from increased property tax revenue and the city will benefit from increased sales tax revenue.
There is no telling how much additional revenue will be forthcoming from new businesses and other developments that would be created due to the racetrack development. You can pretty well bet that additional motels, restaurants, and gas stations will be built. An additional benefit is that there will no longer be the possibility of a landfill being built in Section Six. However, I think the biggest benefit of all is that Minonk will be sending a message to other potential developers that Minonk is now a prime development target. We will be considered developer friendly with plenty of additional land available for development.
Quite honestly, this appears to be the biggest thing that could happen to Minonk since the development of the coal mines 140 years ago. Before I get too giddy, however, it must be mentioned that there are also downsides to this development. The obvious downside is the noise that could emanate from the racetrack. I am certain that measures will be taken to reduce the noise level with berms, trees, etc. In addition, the noise will only occur during the racing season which usually runs from April to October and usually only on weekends. These are the things that will surely be discussed between the city council and the developer.
The city will have to address its ability to provide security and traffic enforcement during the races. Minonk will not be able to handle the security required with its present staff. I have been told that the developer will supplement security with his own security.
It appears that unless there is opposition from the city council, the negotiations for the race track should be complete by the end of the month. As I mentioned earlier, most people I have talked to are in favor of the race track. However, this feeling was also tempered by some who were concerned over the secrecy behind the rumors. I hope that this concern over secrecy does not get blown out of proportion and results in a divided community again. We already have enough division in this community over the school district.