Wednesday, November 28, 2012
An agreement has been reached between the New Mexico Horsemen's Association and The Downs at Albuquerque to allow horsemen to continue to use the racetrack for off-season training.
Under the terms of the agreement, the stalls at The Downs at Albuquerque, located at Expo New Mexico, will remain open at a rate of $6 per stall per day. According to NMHA executive director Jack McGrail, the expectation is that the horse population will be approximately 200 head.
McGrail added that billing will commence on December 3, and payment will be due by December 10 with no exceptions. Horsemen will be charged for 28 days in December (a total of $168). Thereafter, bills will be issued on the first of every month and payment will be due by the 10th of the month.
“The hope is that, if the rental arrangement is successful, there will be additional stalls made available in February as the 2-year-olds get to the track,” McGrail said in a statement to his membership. “Leases will be required. (Expo New Mexico) general manager Dan Mourning is having his counsel review the language in the existing lease. I will be provided a copy of the lease and will review it on behalf of the horsemen.
“The payment of stall rent is an obligation of the horsemen but is not a unilateral contract,” he added. “The State Fair, in consideration of the rental payment, will be obligated to keep the track to a certain standard and the grounds in good condition. I am optimistic that this arrangement will make business sense to all parties and result in a long-term solution for area horsemen.”
For more information on the agreement, contact the NMHA by phone at (505) 266-7056 or e-mail at firstname.lastname@example.org.