meee te nd that. 1: Province of - British Columbia MINISTRY OF Sonrerron GENERAL | FO IMMEDIATE RELEASE 1990 ocr 24 Or24 A atone eect, PROVINC B CALLS FOR Racer TRACK PROPOSALR P) eh tat a nt 8 at wre oe VICTORLA -- The n. C. Racing Comission has been given the green light by eabinat to call for proposals for construction at a one-mile raca track to serve thea Lower Matiniand avea, Solloitor General Rusgell FPrasar announced today, a coptable” to the local. governments potentLlalLly uffecved, * Said Fraser, "One of the eri. teria is that the proposed facility must be ac Catk "The Pravince Tecognizas tha Liportance of the horse racing dadugtry and 1s prepured to assiiat with meeting the débtr servicing of a nay facility by foregoing two Percentage polats of its share of the thoroughbrad handle TOr a Cén-year Pertod," Fraser Said, "No othar government contibution will be mada." The Minister noted, "In viaw Of the Province! Willingness «2 EO assist in thig Project, it is impeérativa the Proponent Provide colid evidence of finanetal Capabilirvy," Tha D.C. Racing Commission will be advertising for PlaOPONaNtS Of ney Crack facilities. Those expressing interest will he asked to maka a Proposal, providing SpéEecifie detaila, no acer than March lsu, 1991. Thereafter, Linal recommandations will be madu ly the Racing Commission, "If there is a realistic hossibillity of Private gector Operation of a ney One-indla facility, ‘this COvEeranmentc is doling sll that is reasonably within Lts power to accounadake that DOSuibility," Prager said. ~30- CONTACT: Mr. Robert Callig B.C, Racing Camniuysion 660-7400