ORDINANCE NO. 660

AN ORDINANCE OF THE COUNTY OF RIVERSIDE

ELECTING TO RECEIVE THE COUNTY'S PARIMUTUEL

WAGERING DISTRIBUTION FROM THE SATELLITE

FACILITY AT THE NATIONAL DATE FESTIVAL FAIR GROUNDS

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The Board of Supervisors of the County of Riverside, State of California, do ordain as follows:

Section 1. The County of Riverside elects to receive a distribution from the total parimutuel wagers placed within the satellite wagering facility at the Riverside County National Date Festival Fair Grounds, 4th Supervisorial District, as provided for in the Business and Professions Code Section 19610.4. This election shall be deemed effective as of the date upon which the Riverside County Fair elected to deduct an additional amount of 0.33 of 1% from the total perimutuel wagers placed within its satellite wagering facility.

Section 2. The County elects to distribute the 0.33 of 1% revenues, after provisions are made to offset County costs, to the City of Indio to subsidize its ordinary and traditional municipal services, such as police services and traffic control, in connection with the racing meetings or satellite wagering.

Section 3. The County of Riverside makes this election based upon its understanding and intention, and based upon the express condition that, nothing in the Business and Professions Code Section 19610.4 will preclude or interfere with the County's ability to assess or collect, with respect to any event unrelated to a racing meeting or satellite wagering, any license or excise tax or fee, including, but not limited to, any admission, parking, or business tax, or any tax or fee levied solely upon the racing association or fair conducting a racing meeting or satellite wagering or any patron thereof. In the event the Business and Professions Code Section 19610.4 is interpreted in a manner binding upon the County so as to preclude or interfere with the County's ability to assess or collect such licenses, taxes or fees with respect to events unrelated to racing meetings or satellite wagering, the County's election under this Ordinance shall be automatically rescinded and the County's ability to assess or collect any license or excise taxes or fees shall be fully restored.

ADOPTED: 07-26-88 (Eff.: 7-26-88)