NYRA Fanchise Recommendation

[ELA]

Originally Posted by TeddyRex

Regardless, NYRA owns the land, buildings, improvements that are involved. They have been paying taxes on such for years with NO tax breaks whatsoever. NYRA obviously has made somebody mad enough to try to whack them.

I believe that the bankruptcy filing by NYRA was a defensive position to protect their assets (the tracks). This battle is far from over. Unfortunantly, New York racing is going to take the brunt of the damage, as is the entire industry.

I am not disputing that NYRA owns the land. Actually, I don't have an opinion either way as I have never seen any documentation supporting either side's arguement or position. However, the mere act of paying the taxes, well, that does not constitute ownership. There are many arrangements, agreements, etc. where a non-owner can and does pay taxes.

I did read one article, I don't remember who wrote it -- but he was an attorney -- that explained NYRA's arrangement with the State of NY was a "life estate", however there was some sort of arrangement as to what would happen with the land at the end of the term certain on the life estate, or the franchise -- I do remember which. I wish I had the article or could find it, but regardless, it was a good one.

Eric

I think the The Mayor of Saratoga was on that committee.
Shes from Montana and what she knows about racing you could write on the back of a postage stamp.
She don't know much about anything else either.

[Revolution]

Originally Posted by oracle80

I think the The Mayor of Saratoga was on that committee.
Shes from Montana and what she knows about racing you could write on the back of a postage stamp.
She don't know much about anything else either.

So was the owner of Funny Cide. I think his opinion means a little more than yours. BYE BYE NYRA.

Under a complex scoring system, Excelsior scored 94.6 in areas that included integrity and responsibility, financial viability and details that included plans for renovations of tracks and how to improving the racing industry while attracting more bettors to tracks. Empire scored 93 and NYRA scored 76.5 points, despite attracting no votes for first or second place under the categories of "integrity" and "details of the proposals."


The real question is how did NYRA even get 76.5 points? They must get points for finishing 3rd in a 3 horse race, just like the last place finisher getting paid in a 3 horse race.

Originally Posted by Revolution

So was the owner of Funny Cide. I think his opinion means a little more than yours. BYE BYE NYRA.

Under a complex scoring system, Excelsior scored 94.6 in areas that included integrity and responsibility, financial viability and details that included plans for renovations of tracks and how to improving the racing industry while attracting more bettors to tracks. Empire scored 93 and NYRA scored 76.5 points, despite attracting no votes for first or second place under the categories of "integrity" and "details of the proposals."


The real question is how did NYRA even get 76.5 points? They must get points for finishing 3rd in a 3 horse race, just like the last place finisher getting paid in a 3 horse race.

Owning part of Funny Cide makes you qualified to asess Ny racing's future?
Guy named Gus who wears a plaid coat owns part of him as well, was he on the committee also?

[SentToStud]

Originally Posted by oracle80

I think the The Mayor of Saratoga was on that committee.
Shes from Montana and what she knows about racing you could write on the back of a postage stamp.
She don't know much about anything else either.

you should run for office.

get TKFB to endorse you.

get yourself a boss hog like car with a megaphone.

yes, you should run for office, most definitely.