Santa Anita Park president Jack Liebau recently resigned because of disagreements with Magna Entertainment's Frank Stronach over the direction the track is headed.
Santa Anita Companies has announced earnings for the year ending December 31, 1981. Revenues were up 23.5%. Shares of the two companies, Santa Anita Operating Company and Santa Anita Realty Enterprises, Inc., are offered on the New York Stock Exchange under the name Santa Anita Realty Enterprises.
A proposed ballot initiative to allow five racetracks, including Santa Anita Park, to operate slot machines will be discussed by the City Council and Supervisor Michael Antonovich.
Backers of an initiative that would bring slot machines to Santa Anita Park and other California racetracks now have five months to collect enough signatures to qualify for the ballot.
If Proposition 68 is approved on the 2004 ballot, slot machines will be operated at Santa Anita Park. This is a statewide initiative about which City of Arcadia officials remained neutral.
Less than one week remains before voters decide on ballot measures I, N, and P. A lot of money has been spent by Westfield Group and Our City, a committee headed by George Fasching, on Measures N and P. Measure I is an unopposed bond campaign.
Voter turnout was unusually high for Tuesday's election. 34 percent of the electorate turned out to vote. 72 percent approved Measure A, the bond for a train bridge over Santa Anita Avenue. The article includes the vote count for candidates who won council seats.
Westfield Group, owner of Westfield Shoppingtown Santa Anita, has proposed two ballot measures for the November election. Westfield is gathering signatures for the two initiatives: 1) to mandate free parking at all large retail projects and 2) to ban large billboards. A poll of 300 registered Arcadia voters in February showed 74% support the free parking initiative and 62% support the billboard measure.
Measure A, an $8 million bond measure to fund a train bridge over Santa Anita Avenue, will need a 2/3 vote to pass. Citizens will need to form a committee to build support for this measure, to be voted on on April 11, 2006.
Los Angeles Superior Court Judge Robert O'Brien ordered changes to a statement signed by Mayor Roger Chandler and members of the City Council after two residents, with the backing of the initiative's corporate sponsor, filed suit over factual inaccuracies. This will affect the wording of Measure N on the next ballot.
Bankrupt Santa Anita Park race track will not go on the auction block Tuesday as planned because no acceptable opening bid has been offered. The sale of the track has been postponed. The track has court-sanctioned access to operating funds at least until the first quarter of next year.
Money from a $19.9 billion statewide transportation bond approved by voters in 2006 is being used for road improvement projects. Arcadia received $900,000 for the rehabilitation of Santa Anita Avenue, which is already under construction. Two photographs of Santa Anita Avenue with captions are included.