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    Greyhound Racing Purse Escrow Fund created in 1995 Arbitration Decision
    Posted byAdmin on Monday, January 25 @ 12:39:32 EST
    Contributed by Admin

    Purse Escrow Fund created in 1995 Arbitration Decision

    Dear Potential Recipient:

    On March 5, 2015, the Iowa Racing and Gaming Commission passed a motion providing for one-half of the purse escrow fund created in the 1995 Arbitration Decision of Arthur Blair to be distributed to purse recipients at Bluffs Run. The IRGC’s motion requires distributions to be based on the previous five years of purse payments. Pursuant to Iowa Code §99D.9A(6), the Iowa Greyhound Association is coordinating the distribution of the fund in accordance with the IRGC’s motion.

    If the IRGC and Bluffs Run have identified you as having received purse payments from Bluffs run during the previous five years you will be receiving a cover letter and W-9. The first step in the process for you to receive your distribution is to complete, sign and return the enclosed W-9: (1) fill in the Tax ID number using the number applicable to the name of the person/entity identified in Box 1; (2) sign and date where indicated on the form; and (3) return the completed W-9 to our office: 1701 Ruan Center, Des Moines, Iowa 50309.

    YOU WILL NOT RECEIVE A DISTRIBUTION WITHOUT RETURNING AN EXECUTED W-9.

    The distribution amount will be calculated using the same formula the IRGC utilized in making its cessation fund distributions. We anticipate sending distribution payments beginning the first week of March 2016. The payments will include a complete itemization of the distributions.

    Thank you for your attention to this matter.

    Nicholas J. Mauro

    Crawford & Mauro Law Firm

    1701 Ruan Center

    Des Moines, Iowa 50309

    515-245-5420

    www.crawfordlawfirm.com



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