Chha LogoLogo
CHHA Meeting Summary September 14, 2007
by David Siegel

A meeting was held outside of the race office on Friday, September 14 at 11am. Such meetings will continue every other week into the future to bring horsemen up to date on important developments in our industry. Four primary topics were discussed. VALLEJO The CHHA continues to aggressively pursue Vallejo as an alternative site to racing beginning as soon as fall of 2008. We are working hard to get as much information as possible so that we have as much certainty as possible that we have a home well into the future. To that end, while there has been communication with several potential operators, Great Canadian Gaming (Frazer/Sandown, Flamboro, Georgian, Hastings Park) has expressed enough interest to warrant a trip by Ben Kenney to see them in Canada. We expect them to visit Northern California in the next few weeks. CAL-EXPO AND SHA Cal-Expo continues to negotiate with SHA for a new lease or lease extension beyond July of 2008. We are pleased that these discussions continue and will report to you when definitive agreements have been reached. BAY MEADOWS AND THOROUGHBRED DATES Obviously, this issue affects the first two points listed above. Bay Meadows future with respect to specific dates continues to be postponed. Hopefully, in the next month or two, the CHRB will complete its 3-year plan for dates. Bay Meadows dates affect the entire northern California landscape as they directly impact the fairs, which impact Cal-Expo, Stockton and therefore impact our racing schedule and possibilities. Unfortunately, the situation has not yet stabilized making decision making more difficult. However, as stated, we expect this picture to be clearer shortly. OVERPAYMENT AND PURSE LEVELS Since purses were reduced, we have made good progress against the overpayment due SHA. Moreover, the CHHA has recovered additional monies to put toward the overpayment. This, combined with the expected release of monies held in trust, we expect to have the overpayment fully satisfied in the next one to two months. Once this occurs, we fully expect a modest purse increase. We will continue to keep you updated on these developments.