Paul McKibben reports:
The owners of the racino that’s being built in Warren County near Monroe announced Tuesday it will give the county $3 million to help redevelop the Warren County Fairgrounds.
The county-owned fairgrounds – located on North Broadway Street in Lebanon – will be without horse racing and a major tenant when the Lebanon Raceway moves to the racino site. The racino is expected to open during the first quarter of 2014. The county has estimated the fairgrounds needs $2.5 million in repairs.
Among the ideas that have been mentioned for the fairgrounds is an equestrian center, a youth sports complex and convention space for smaller-scale events such as wedding receptions. The county could also sell the property and a find a new home for the county fair.
The county could receive a total of $6.5 million for redevelopment of the fairgrounds. Warren County Commissioner Dave Young said the county has already received $500,000 in deferred maintenance on the fairgrounds from the two trotting clubs that owned the Lebanon Raceway. The county could also get up to $3 million from the state for losing the track.