LOCKPORT– Lockport City School District voters on Tuesday approved a plan to buy a disused indoor go-kart track as a district storage building.
The vote was 404-122 in favor of the $177,000 purchase of the former Speedway Park, 400 Corinthia St., and an estimated $55,000 repair and renovation package for the vacant 27,000-square-foot building, which sits on a 2.85-acre lot.
The seller is Vito Caputo of Toronto, who bought the property for $150,000 at a 2006 auction after M&T Bank foreclosed on the previous owner’s mortgage. The purchase and the repairs will be paid for out of a capital reserve fund, so there will be no impact on taxes, district officials said.
Work is to begin shortly on making the former speedway on the edge of Outwater Park a suitable space for district maintenance equipment and supplies now stored at Harrison Place, a former auto parts plant controlled by the City of Lockport. The school district’s lease there runs out June 30.