Churchill Downs would get a 30-year tax break under a new agreement with the city that will help the racetrack finance the second phase of a $130 million renovation.
The city of Louisville, Ky., has made a pitch to the federal government for special security status for the Kentucky Derby (gr. I) at Churchill Downs, but the matter remains up in the air. Mayor Dave Armstrong met with Homeland Security Director Tom Ridge last week.
Churchill Downs and officials with the city of Louisville, Ky. have requested help from the federal government in dealing with security for the May 4 Kentucky Derby, the Kentucky Oaks, and the Pegasus Parade that is staged Derby week.
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