Views in Tamahere are divided over the proposed national cycling centre at Cambridge, which could increase Tamahere rates if one funding option goes ahead.
This story on Tamahere Forum drew comment for and against the velodrome at St Peters School, and feedback to the Waikato Regional Council on the issue remains open until August 22.
The council wants to know whether people support a $6 million grant toward the $28.5 million dollar velodrome, and their preferred rating option. It had received 640 submissions by Friday (July 29).
Meanwhile, the Home of Cycling Trust is lobbying the Wel Energy Trust for an interest-free loan to shore up the venture’s finances, reports the Waikato Times.
Velodrome supporters this week asked Wel Energy trustees to contribute $1 million to help build the multimillion-dollar cycling centre near Cambridge.
Sport and Recreation New Zealand (Sparc) has given the Home of Cycling Trust until early September to confirm 80 per cent of its funding.
The Government has pledged $7m toward the $28.5m venture, with $11m sought from local government and the balance from trust and naming rights.
The Waikato Regional Council has already agreed to spend $61,500 consulting ratepayers on whether it should pump $6m into the proposed centre at St Peter’s School and, if so, how it should be rated.
The two options are imposing a region-wide targeted rate of $3.18 or rating Waipa, Hamilton and Tamahere/Eureka ratepayers $3.94 a year and all other regional ratepayers $2.66, including GST.
Wel Energy Trust chairman Mark Ingle said the trust currently did not have a policy in place for granting interest-free loans but trustees would meet over the next month to “consider our position generally”.
“We couldn’t support the concept on the basis we currently don’t do that and don’t have a policy in place around that,” he said.
“It is something we would like to look at in the future, but not necessarily relating to the Home of Cycling. The Home of Cycling may be unsuccessful but we may still come up with a policy which says that’s something we want to do in the future.”
Regional council staff are currently completing a strategic assessment on the cycling proposal, evaluating its benefits and long-term viability.
Mr Ingle said the Wel Energy Trust would ask the council for access to the research to enable it to come to its own decision.
Feedback to the regional council can be given here.