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Dec 2009 - MG Car Club Newcastle

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S U M M E R 2 0 0 9<br />

PRESIDENT’S REPORT<br />

After the Annual General Meeting, I wish thank members for<br />

my re-election and welcome back an enthusiastic group from<br />

our current committee. New members to the committee<br />

include Joy Bower, Scott McGarry, Alan Bates, Michael Snow,<br />

Ryan Bates (youngest person that I can remember) and John<br />

Roach. I thank the outgoing members who have contributed<br />

so well during their time.<br />

This had left two positions vacant - Treasure and Editor. Since then Darval<br />

Thomas (one of <strong>Newcastle</strong>’s leading Chartered Accountants) has stepped<br />

forward to be our Treasurer.<br />

I wish to thank Gregor Dickinson, who has stood in as editor for the finishing of<br />

this magazine whilst Brad Smith was in China. At this time the Editor position is<br />

still vacant.<br />

The sale of the Ringwood property had stalled as we could not come to a<br />

satisfactory arrangement with the Rural Fire Service regarding access/egress<br />

from the section of the property we were keeping. Italia Road Holding (IRH), at<br />

this time, was held up as reports, surveys, etc could not commence till they knew<br />

the “lay of the land”.<br />

Our negotiating team had an urgent meeting on Monday 23rd November <strong>2009</strong><br />

with IRH and his planner. It was quickly realised that an alternate arrangement<br />

was needed to be put in place. After a protracted discussion, a deal which we<br />

thought was a solution was brokered.<br />

This needed to be presented to an extraordinary committee meeting,<br />

arranged for Wednesday 25th November <strong>2009</strong>. At this meeting the<br />

document was presented to the committee. After 2 hours of discussion,<br />

the sale of the property was voted on, and it was a unanimous decision<br />

to sell the property complete, with an additional $77000 + GST to the<br />

original price.<br />

This has allowed IRH to get his experts started on the various reports.<br />

The, to be defined, Hillclimb area will be leased back to the <strong>Club</strong> for 99<br />

years at a “Peppercorn Rate”. This agreement is published in this<br />

magazine.<br />

Beside the money value of the sale, IRH has agreed to make available<br />

the proposed skidpan for 6 weekend days, and the Short Course Race<br />

Circuit for 3 weekend days each year during the lease period.<br />

Information/Questions will be answered by members of the committee at<br />

our <strong>Club</strong> Night on 8th January, 2010.<br />

To all of the members and their families I wish you a happy, healthy and<br />

safe Christmas. See you in the New Year.<br />

Remember, support the supporters who support your sport.<br />

John Collins<br />

Page 8

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