County Still Firmly Behind Valley View

Published: April 11, 2013 03:55 pm EDT

It has been reported that even though the stalled Valley View Downs racetrack project in Pennsylvania has faced recent challenges in terms of backing, it is still receiving support from Lawrence County.

A report by Ellwood City Ledger explains that commissioners in the county have stated that they will approve recommending Citigroup as the underwriter of a $50 million bond if the proposal receives final approval.

The article states that the $50 million would be earmarked for the construction of the raceway.

Officials behind the stalled Valley View project have been actively trying to secure more investment for the project, as it is facing a financial deadline later this spring.

(With files from Ellwood City Ledger)

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