two guineas each and agreeing to pay two shillings a week. City Tattersalls Club has its own Act of Parliament, with an Honorary Committee comprising a chairman, vice-chairman and seven committee members, all of whom are now elected by those who hold either Gold or Silver Membership, and who protect the interests of members by overseeing the strategies of the executive management. The management is headed by four Executive Managers, being the Head of Operations, Head of Finance, Head of Gaming and Head of Communications and Marketing. Location City Tattersalls Club previously occupied the Graphic Arts building and the building alongside Adams Hotel, where the Sydney Hilton Hotel now stands. During the 1950s, a film company was located on the top floor, with its vault on the roof, presumably so that when film exploded the burst would go upward. In December 1992, 'Silks Bar and Grill' was born. During the 90s, Sydney was seeing an upgrade of office blocks and shopping arcades; City Tattersalls Club was ageing, exclusive, and ran a strict dress code. The Silks Bar and Grill opening was strategic, as it allowed the club to capitalise on the Government of New South Wales 5 kilometre ruling, allowing residents outside a radius to simply sign into a registered club. Being a separate entrance, this protected the main membership of City Tattersalls Club. After approval by its board members in 2007 City Tattersalls Club purchased the Merivale building at 194 Pitt Street and took back its occupancy of 196 Pitt Street previously occupied by National Australia Bank. In July 2022 City Tattersalls Club temporarily closed its famous Pitt Street building for a major redevelopment which includes a refurbishment of the existing facilities while paying respect to its heritage, and the construction of a hotel and 256 residential apartments. While the redevelopment is taking place, City Tattersalls Club has opened three other venues in Sydney's CBD for members and guests to enjoy. They are The St James at 114 Castlereagh Street, The Castlereagh at 199 Castlereagh Street and The Barracks at 5-7 Barrack Street. The Castlereagh is operated in partnership with celebrity chef Colin Fassnidge. History and milestones The City Tattersalls Club building at 202-204 Pitt Street was occupied from 1891. Built at a small cost by today's standards, the building was described as presenting a free and effective rendering of the classic Renaissance style of architecture. It was constructed