August 2008 Newsletter

Well, here we are halfway through the summer. Since we did not have an August meeting I would like to update everyone on the new developments that have taken place. First of all our grant application has been submitted and as of August 5, I was informed that it is currently in review. Secondly, based on documents dating to 1998, Alberta Transportation has granted us permission to proceed with our project. As a result the Oldman River Regional Services Commission has resumed our application for subdivision. Bill Halma from Halma Surveys has informed me that his schedule is fairly open and he can do our surveying on about a week's notice. The survey will be carried out after the subdivision is approved by the Town of Fort Macleod at their September town council meeting. Once those two things are done, we can complete our land purchase from the Town.

That having been said, we will need cash donations over and above the 850,000 in grant funding for which we have applied. There are a number of members who feel they are supporting the club by attending meetings. While we appreciate participation in terms of attendance, we need our members to either donate to the association or solicit donations from friends and associates. Without a minimum of 265,000 in cash donations, we will be unable to complete our facility. All funds go into a trust account held by the Association's lawyer and are only available to the Association for the purpose of purchasing the land or construction of the different phases of the facility. Any funds unused by December, 2010 will be refunded (See the Donation Form on this site).

There are also a number of members who have said "if it goes I will donate". Unfortunately it does not work that way. If the money is not in place, it won't go. The bottom line is we are now in an excellent position to complete our facility by this time next year. It's time for any of you skeptics out there who would like to donate to get off the fence and put in your donation.  It's time to Git 'er Done. As I mentioned above, your money is safe.

The funding above will provide us a completed facility with the exception of landscaping, which can be completed in subsequent years. Funding for landscaping will come both from revenue earned and by accessing smaller grants. The improvements applied for in this grant include:
    1. Pavement
    2. Concrete Barrier and starting line concrete
    3. Timing tower
    4. Concessions & Washroom facilities
    5. Bleachers (2000 person capacity)
    6. Electrical
    7. Water well
    8. Fencing (both Security and Wind)

Recently I was contacted through the Forum on our website by a member of the Rocky Mountain Street Machines car club in Kalispel, Montana. He informed me that the Spokane track had been closed for most of this season. He further indicated that the members of their club would attend and race at our facility once completed. This is an indication of our market potential south of the border. The pending close of Race City Speedway will put us in a position to attract market share from the north. Our location provides excellent access for people traveling from the east and west.  If we build it they will come.

Alberta Transportation's proposed highway re-location will have no deterimental effects on our facility. The bypass will connect to the existing highway at the curve where our property begins. The access to Tailwind Raceway will remain the same.

I will be taping an interview with Paul Kingsmith for the Global TV Sports News on Friday, August 15 and expect it to air the same evening at 6:00 and 11:00. Topics covered will elaborate on those in this newsletter. Please make a point of watching.

Our next regular meeting is on September 3th at 7:30 pm at JOSS TECHNICAL LTD.  3218-12th Avenue North, Lethbridge