There are no slot machines planned at Pimlico Race Course, but the Baltimore City neighborhoods surrounding the storied venue are winners nonetheless. Starting July 1, they will receive the first of the state-wide slots revenue—$2 million–allocated to them by law.
Decisions about how to spend the money are coming down to the wire. Within the mandated formula, “there’s still a lot of discussion on what we are going to do,” said Oscar Cobbs, vice chair of the Pimlico Community Development Authority, an independent agency authorized by the General Assembly to review and recommend slot revenue-funded initiatives.
Cobbs said he will deliver the PCDA’s recommendations to Mayor Stephanie Rawlings-Blake on May 28. The ultimate decision is hers, but Cobbs would be surprised if she didn’t accept the recommendations, the result of months of PCDA deliberations and public meetings, including one earlier this month.
“We’d like to have her answer before the end of June,” Cobbs said.
For more information, visit marylandreporter.com/2011/05/19/pimlico-race-track-helps-preakness-neighbors-get-slots-revenues/#ixzz1MuTg6Qi9 .