If you travel north and hit the intersection of Highway 20 and Highway 63, there is no missing the run down, and vacated Waterloo Greyhound Park. Finally, an agreement has been reached to tear they eyesore down.

A deal was announced Sunday between the National Cattle Congress, Meskwaki Nation, and Deer Creek Development to get rid of the structure. The process could begin as soon as the end of May. Specific details of the deal were not released.

Deer Creek Development acted as a negotiator between NCC and Meskwaki Nation in the case. The deal will allow NCC to keep ownership of its fairgrounds and the Electric Park Ballroom. Deer Creek will acquire the 64-acre site and develop it for future use. There is no word on what Meskwaki gets in the settlement.

The Waterloo Greyhound Park has sat vacant for over 20 years since live racing and simulcasting stopped at the location. Other officials including the mayor of Waterloo have expressed thanks in getting the deal done so future development can take place.