TOPEKA, Kan. (AP) — Topeka city officials are considering a plan to acquire the financially struggling Heartland Park.

The city said in a news release Thursday that the city council would discuss the proposal at its meeting on Tuesday.

The news release says the council would consider an agreement that would require the city to issue about $4.7 million in new sales tax revenue bonds to acquire Heartland Park and all associated property from the current owner, Jayhawk Racing.

The Topeka Capital-Journal reports that the motorsports facility has an estimated economic impact of $160 million on the city.

Heartland Park has a quarter-mile drag strip with 23 suites, a 2.5-mile championship road course and a 3/8-mile dirt oval track.