Neil said there were a range of ways in which council could support the project, from giving support to the A&P Association with applications to philanthropic funders for the project, through to purchasing the land outright and leasing it to the A&P Association. Council's preferred option at this point is for council to access a loan at a significantly lower interest rate than what the A&P Association could achieve on its own and on-loan this to the A&P Association. Before a final decision is made, elected members wanted to hear from the community, said Neil, and the proposal was now out for public consultation with a hearing scheduled for late November.
It was important people took the opportunity to have their say, he said, reminding people the deadline for public submissions on the proposal is November 5.
Neil McDonald, chairman of the Stratford A&P Association Strategic Planning committee, gave more details about the Stratford Park Project, saying the proposal wasn't just about what was best for the A&P Association itself, "but for the town and for the district as a whole".
The A&P Showgrounds themselves are dated, he said, with buildings having been built mostly in the 1920s and 1930s. With the estimated cost to repair them being over $1m, it made more sense to consider replacing them with buildings designed for modern and future needs, he said.
The crowd seemed mainly supportive of the proposal, with questions from the floor asking about planned repayments of any potential loan, how the land would pay for itself before the next stage of the project began, whether other options had been considered and where more information regarding the feasibility and finances could be found.
Don O'Connor, who was named a Member of the New Zealand Order of Merit in the 2020 New Year Honours for his services to motorsport, was present at the meeting and raised his hand to speak.
"I have quite a bit of experience in motorsport," he said to laughs from the crowd.
Stratford ratepayers were right, he said, to ask questions and to raise concerns about the project, but that didn't mean it was a bad concept or idea.
"I am not saying the questions asked tonight aren't relevant, it is a right and proper thing to be cautious about, and you should continue to be do. But when I have gone around and talked to motorsport clubs about this idea, they are all excited about it. This project has people who are experienced behind it, there are very good people involved... motorsports people are your people, there has been a motorsport club in Stratford for over 100 years, and a speedway for 55 years. This project is ambitious, but it might just work."
To loud applause from the majority of those present, he finished off saying "be prudent, ask the questions, but dream, dream about what it could be, that's all I ask".
Before the meeting closed, Mayor Neil reminded people to take the time to give their feedback on the proposal by filling in an Online feedback form, or by email or post, before the deadline of November 5.
Further information about the proposal can be found online on the Stratford District Council website, and on the Stratford A&P Association website.
Disclaimer: Editor Ilona Hanne is married to the CEO of Stratford District Council.