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Virginia Horse Center Foundation.

Rockbridge County Board of Supervisors Vote Unanimously in Support of Virginia Horse Center

Written by: Emily Riden
Client: Virginia Horse Center Foundation http://www.horsecenter.org
Release Date: 2015-03-25

Lexington, VA – March 25, 2015 – In June 2014, the Rockbridge County Board of Supervisors voted in favor of allocating an additional one percent of the local occupancy tax to the Virginia Horse Center (VHC) for a two-year period. On Monday night, March 23, 2015, the Board of Supervisors again unanimously voted in the Virginia Horse Center’s favor, this time extending the term of the additional one percent occupancy tax from two years to five years.

This extension of the occupancy tax allocation will positively effect the Horse Center. The amount of revenue collected in excess of the VHC’s loan payment to the USDA, which comes from the three percent of the occupancy tax designated toward the Horse Center, will be made available to the VHC to apply for a loan that will be used to initiate targeted maintenance and capital improvement projects. If approved, the plan would provide $500,000 to the VHC in 2015 for several key facility enhancements.

“$500,000 represents a significant sum and allow us to address many of the Virginia Horse Center’s capital project needs,” John Nicholson, interim CEO of the Virginia Horse Center, said. “Our preliminary plan focuses on needs in the areas of arena footing, water infrastructure repair, roadway repair, facility painting and renovation, stall repair, and general maintenance. These projects will serve to make the Virginia Horse Center an even more beautiful, safe and pleasing place for all the horses and people who come here to compete.”  

The preliminary plan outlining these proposed projects was given to the Economic Development Authority (EDA), who approved it in a 5-0 vote on Feb. 23, and to the Board of Supervisors prior to their favorable vote on Monday, March 23. The plan will now be examined, refined and ultimately approved by the Virginia Horse Center Board of Directors.

“We have big plans for the Virginia Horse Center and big goals for the future,” said Board President and Chairman Ernie Oare. “This is a large step in the direction of transforming the Virginia Horse Center into an industry leading, first-class venue capable of hosting some of the most prestigious events in the sport.”

Find out more about the Virginia Horse Center at www.horsecenter.org.

The Virginia Horse Center is situated on a 573-acre site with eight barns to accommodate 750 horses in permanent stabling. Indoor stabling can be increased to 1,200 horses with the use of temporary stalls. The Virginia Horse Center hosts 19 show rings, including two large arenas and a five-mile Olympic cross-country course. Four of the Virginia Horse Center barns are winterized with close access to the 4,000 seat indoor coliseum. The Virginia Horse Center is recognized for the excellent footing of its show rings and the durable construction of the concrete stalls. The Virginia Horse Center also offers camping facilities and on-site food and beverage services. Find the Horse Center online at www.horsecenter.com.

 

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