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HomeMy WebLinkAbout028939 RES - 02/08/2011Page 1 of ,`i RESOLUTION IN SUPPORT OF SLOT MACHINES AT RACETRACKS WHEREAS, The Texas horse and greyhound racing industry is a significant employer with a major impact on the economy of the State of Texas, currently generating $5.5 billion in economic activity and providing 36,000 permanent jobs; WHEREAS, Texas does not permit slot machines, but all of the states adjacent to Texas (Louisiana, Arkansas, Oklahoma, and New Mexico) permit slot machines at their race tracks; WHEREAS, the increased revenue from slot machines in other states has enabled their race tracks to substantially increase purses for individual races as well as enhance the facilities and operations, giving them a distinct advantage over race tracks located within Texas; WHEREAS, the racing industry in Texas is slowly, but surely, declining as a result of the economic advantages held by the industry in the adjacent states due in part to small purses for winners as well as inability to maintain facilities and more expensive programs in Texas; WHEREAS, allowing state -monitored slot machines limited to the confines of the race tracks located in Texas would allow them to compete on an equal footing with their out of state competitors and would provide needed additional tax revenue for Texas; WHEREAS, slot machines in Texas would raise an estimated $1 billion in additional state tax revenue each year; WHEREAS, more than 40 sectors of the state's economy would benefit from an infusion of $8.5 billion in economic activity and the addition of more than 70,000 new permanent jobs; WHEREAS, numerous statewide polls show that a majority of Texans favor bringing slot machines to racetracks and that Texans want the right to vote on the issue; WHEREAS, various groups from the racing industry and thousands of other Texans have joined together in supporting the public campaign, Win for Texas, to encourage the Texas legislature to pass legislation allowing slot machines at the current licensed race tracks and recognized Indian tribal lands. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF CORPUS CHRISTI, TEXAS: SECTION 1. The City Council of the City of Corpus Christi supports Win for Texas and strongly urges the members of the Legislature of the State of Texas, and in particular its legislative members from or who represent the City of Corpus Christi to actively pursue Slots at Tracks Resol 01312011 028939 INDEXED Pagta 2 of„ 3 appropriate legislation enabling the race tracks and recognized Indian tribal lands within the State of Texas to operate slot machines on their properties. ATTEST: THE CITY OF CORPUS CHRISTI. Armando Chapa City Secretary APPROVED: 31th day of January, 2011. R. y Reining eining First Assistant Cit Attorney For City Attorney Slots at Tracks Resol 01312011 OleggArifd Joe Mame Mayor Cor stChristi, Texas of r- , 2011 The above resolution was passed by a following vote: Joe Adame Chris N. Adler Larry R. Elizondo, Sr. Kevin Kieschnick Priscilla Leal John E. Marez Nelda Martinez Mark Scott Linda Strong Slots at Tracks Resol 01312011 oJU 028939 Pagp 3 of,3