Thursday, December 5, 2019
Memo ECTA members:
I regret to inform you that the Board of Directors has unanimously voted to dissolve the Eastern Canadian Thoroughbred Association effective December 30, 2019 after 36 years of operation. Our Board has reviewed the results of the recent survey and all possibilities to sustain our Association without success. After careful consideration, the decision to dissolve ECTA was made.
As you are aware we have scheduled two annual awards banquets and silent auctions which had insufficient ticket sales to cover the cost of the banquet and our annual donation to the LongRunTB retirement programme. In addition our membership has dropped in recent years to a point that the fees do not cover the operating costs of the Association. The balance of our funds will be donated to the LongRun Thoroughbred Retirement Society.
As President of ECTA I want to thank those who have served on our Board of Directors over the years and the many members at large who have contributed to our activities. MaryEllen Kennedy