The long defunct Waterloo Greyhound Park is seen on Friday, July 15, 2016, at U.S. highways 63 and 20 on the south side of Waterloo. The race track and its state gambling license was part of the bargaining chip in court-documented loan arrangements between it’s owner, the National Dairy Cattle Congress and the Sac and fox Tribe of the Mississippi of Iowa at Tama. News-Herald photo/John Speer

The Sac and Fox Tribe of the Mississippi in Iowa has the right to foreclose on the National Dairy Cattle Congress in Waterloo according to court documents obtained at the Black Hawk County Courthouse.

In a ruling filed in early June District Court Judge George L. Stigler it is noted a total of $13,891,462 is due to the Tribe from the Cattle Congress for unpaid promissory notes.

A challenge to the ruling was filed on behalf of the Cattle Congress on June 28 denying the Cattle Congress defaulted on the notes. It also questions the call made by the Tribe for the Cattle Congress to obtain additional funding as “not viable” and charges the court did not address the Cattle Congress’ “equitable defenses.”

The financial arrangements grew out of an apparent deal made in 1995 which the Cattle Congress maintains was an effort to ensure no other gambling interest received an Iowa gaming license in Waterloo. It is asserted in the court record the Tribe was interested in protecting the Meskwaki Casino at Tama from competition.

At the time, the National Cattle Congress held a gambling license for the Greyhound Park which was closed in 1996.

Eventually a gambling license was issued by the iowa Racing and Gaming Commission for operation of the Isle Casino with the Cattle Congress losing out.

The court documents note the Cattle Congess had an additional $4 million in funding vailable it did not utilize “alleviating the concerns of the Racing and Gaming commission to its financial viability.”

National Dairy Cattle Congress, which is a non-profit corporation, assets include the fair grounds, Electric Park Ballroom and the Greyhound Park. According to its website it began operations in Waterloo in 1910.