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Board Meeting Summary

Meeting Date: Wednesday 4th November 2009

Racecourse Improvements

HBLB, at its November Board Meeting approved:

• A £140,000 interest-free loan to Pontefract Racecourse from the Capital Fund 2010/11 towards the development of new administration offices.


Capital Credit allocations

HBLB, at its November Board Meeting approved Capital Credit Grants as follows:

• A Capital Credit Grant of £76,068 to Bangor-on-Dee Racecourse towards refurbishing its footpaths and rubber surfacing its parade ring/winners enclosure; as well as providing additional running rail in its inner track.

• A Capital Credit Grant of £54,710 towards purchase of a new Lawn Tractor, upgrading its sprinkler irrigation system and replacing the main driveway.