Sale Would Benefit Region’s Environmental Assets and Employment

No taxpayer dollars required for the purchase

DEL MAR, CALIFORNIA (October 7, 2010) – The City of Del Mar announced today that it has been given preliminary agreement by the state’s administration to purchase the Del Mar Fairgrounds and racetrack, keeping one of the county’s most popular sites in the public domain.

“We are looking forward to continuing to work with those interested in this sale to reach the Legislature’s and the Governor’s support,” says Richard Earnest, mayor of Del Mar. “The Fairgrounds and horseracing are long-standing traditions in our county. Our purchase of the grounds will enable us to protect those traditions, as well as to preserve the jobs they support.”

By keeping the site in the public trust, the City would also be able to continue its strategic environmental support of the neighboring lagoon and river.

The Fairgrounds, which are located primarily in the City of Del Mar, make up 20 percent of the city’s geographic area.  Although the City is the lead agency in the purchase agreement, it will likely not be involved in the operation of the Fairgrounds. A separate board with regional representation, comprised of non-elected professionals with related operational experience, is being considered to run the Fairgrounds. Currently a board of governor appointees oversees operations and maintenance.

The pending purchase, which is supported by Senator Christine Kehoe, County Supervisor Pam Slater-Price, Mayor Jerry Sanders of San Diego and Mayor Morris Vance of Vista, would not require taxpayer support.

For further information, please contact Mayor Richard Earnest, 858-384-3196.