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QUARTER HORSE PURSE FUND
CSFA Number: 579-00-1555
Agency Name
Illinois Racing Board (579)
Agency Identification
0785
Agency Contact
Vitto Ezeji-Okoye
3128145437
vitto.okoye@illinois.gov
Short Description
Grant Agreement between the Illinois Racing Board and Fairmount Park, Inc., a thoroughbred organization licensee ("Grantee"), for the award of the Board's distribution of funds from the Quarter Horse Purse Fund ""Grant Funds"), and the Grantee's use of those funds for the purpose of payment of purses for quarter horse races conducted by the Grantee, pursuant to Section 27 (a-5) and new Section 26-9 of the Illinois Horse Racing Act of 1975 (230 ILCS 5/27 (a-5) and & 5/26.9, see Public Act 98-0624).
Federal Authorization
N/A
Illinois Statue Authorization
230 ILCS 5/27 (a-5)
Illinois Administrative Rules Authorization
N/A
Objective
To promote quarter horse racing in Illinois.
Prime Recipient
Yes
UGA Program Terms
One year
Eligible Applicants
Other;
Applicant Eligibility
racetrack that conducts quarter horse racing.
Beneficiary Eligibility
purse distribution
Types of Assistance
Project Grants
Subject / Service Area
Economic Development
Credentials / Documentation
N/A
Preapplication Coordination
N/A
Application Procedures
Grant Application
Criteria Selecting Proposals
N/A
Award Procedures
Execution of Grant Agreement
Deadlines
N/A
Range of Approval or Disapproval Time
N/A
Appeals
N/A
Renewals
N/A
Formula Matching Requirements
N/A
Uses and Restrictions
for the purpose of payment of purses for quarter horse races conducted by the Grantee
Reports
Quarterly reports and close out report.
Audits
N/A
Records
retained by the racetrack.
Account Identification
Fund 785
Obligations
$100,000
Range and Average of Financial Assistance
N/A
Program Accomplishments
Owners of Quarter horses benefit from the program.
Regulations, Guidelines, and Literature
N/A
Regional or Local Assistance Location
N/A
Headquarters Office
555 West Monroe Street, Suite 1700 S, Chicago Illinois 60661
Program Website
N/A
Example Projects
N/A
Published Date
Funding By Fiscal Year
FY 2016 : $100,000
FY 2017 : $100,000
FY 2018 : $100,000
FY 2019 : $100,000
FY 2020 : $100,000
FY 2021 : $100,000
FY 2022 : $100,000
FY 2023 : $100,000
FY 2024 : $100,000
Federal Funding
None
Notice of Funding Opportunities
Agency IDAward RangeApplication Range
None