Make your own free website on Tripod.com

tabs
 

Homepage of the
Locustwood / Gotham Civic Association
Elmont, Long Island, New York 11003


Next Meeting:

December 18
7:30 PM

 

 

NYRA Gets 7th Extension

NYRA Gets 7th Extension

Perhaps lucky number seven will work for NYRA, which got yet another temporary franchise extension Tuesday.

Its current extension expires on Thursday, but complicated legal issues have kept the Racing Association from emerging from bankruptcy.

The state non-profit Racing Association Board voted late Tuesday morning to give NYRA its seventh temporary extension. The latest extension is good through September 28th.

NYRA was awarded a new 25-year franchise contract back in February, but unpaid loans and the absence of an Aqueduct gaming operator have prevented it from becoming officials.

Once NYRA gets out of bankruptcy, the state is set to assume ownership of the tracks it runs -- Saratoga, Belmont and Aqueduct -- and then lease them back to NYRA.


 

August News
July News
June News
May News
April News
March News
February News
January News
December News
November News
October News
September News
 
This site is donated and maintained by Xavier Rodriguez, for the civic and for the Community of Elmont New York.
Please note that the term "Elmont Civic" the name and its content are intellectual property of the webmaster.
Misuse or misrepresentation of "Elmont Civic," may be pursued by legal action.
Feel free to e-mail any important information to mail@elmontcivic.com