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GOLD COAST KART CLUB
PRESIDENTS REPORT
May 2008
Our Race meeting at Warwick on the 27th April was a great success with over 80 entries. Many thanks to Jo Yarwood and her team for doing such a great job so far from home. It was very sad to hear of the unexpected passing of Warwick committee member Stan Burton. Our sympathies go out to all his family. Stan was the grid marshal for us at our meeting, and along with other Warwick members helped to make it possible. There was a distinct lack of Gold Coast members helping out and we are hoping that this will improve at out next meeting at Cooloola on the 24th August. Please contact Jo if you can help out, & don’t forget that a family member can do your club duty while you race.
GOLD COAST KART CLUB
PRESIDENTS REPORT
GENERAL MEETING
7th April 2008
There has been a lot of water under the bridge since my last report on the 4th of February.
It was a big job to remove from Day’s Park all the equipment that we might need for the future.
We now have 3 containers full of stuff stored temporarily at Parklands. It will probably have to be moved within 12 months, to a new location, (hopefully that we own.)
I was disappointed with the amount of help we received from ordinary club members. As usual it was left to a few. Thanks must go to Pat Buckley, Geoff Salmon, Robert Akes, John Sewell, Mick & Francis King, Kathy Thompson & Robbie Daniels.
Our focus now is on relocation & basically at the moment we are waiting to see the master plan for the proposed i-METT motorsport precinct. This is due out in June or July, once this happens we will be able to identify suitable blocks of land that will be adjacent to the proposed motorsport precinct. At the moment any land we find, we can’t act on without knowing where it will fit into the precinct, and this isn’t available until June of July. The Government won't be making a decision on the go ahead for the project until the end of the year at the earliest. In the meantime we will trying to get a meeting with Paul Lucas the Minister for infrastructure & planning to see, how he sees the clubs involvement, and to try to short circuit the approval process. At our last meeting with i-METT we ageed to exchange letters confirming in writing the basic details, under which we may be able to proceed with our involvement with the i-mett proposal, these include: Time frame for approval by the Qld Government. Date for commencement of construction. Cost of land if it was purchased from i-METT. Possibility of the establishment of a temporary circuit.
At our special general meeting held in March it was resolved by the members that the club form a trust to own our new track. This has been approved by the Dept of Fair Trading. A draft of the trust deed is being drawn up by our lawyers and will be presented to the club members asap.
Some recent decisions etc from an AKA phone conference held on the 18/2/08 have just come through.
The approved tyre for the Restricted TaG class is the MG Red. Passed, Qld voted yes.
The date that the implementation date of the new J Max barrel is deferred from 1st March to 1st May 2008. Passed, Qld abstained.
According to Richard Erdmann, 12 teams have indicated they will compete in CIK but no contracts have been signed.
*40 engines have been purchased by AKA Secretariat, said they had been on order from 2007
Agreement that an absolute minimum of 11 teams / 22 drivers but the preferred minimum is 12 teams / 24 drivers as the target for CIK to progress. Failing that, it reverts to the IKC proposed solution of looking at a 2009 implementation date.
Our next race meeting is on the 27th of April at Warwick. Jo has been working hard behind the scenes & the supp regs should be posted within a few days.
GOLD COAST KART CLUB
PRESIDENTS REPORT
GENERAL MEETING
4th February 2008
Firstly I would like to welcome you all here tonight, & thank you for taking the time and effort to get involved with the running of our Club.
The race meeting on the 27th was very successful with over 150 entries. I would like to thank Jo & her team, who did a great job, to get through my overly ambitious program, which wasn’t helped by the late arrival of the ambulance.
The relocation of the Club is taking up most of my available time, with an extra sense of urgency as the 17th Feb approaches. There are some positives to report and some negatives as well.
The land at Clagiraba is really in the to hard basket, as it has so many constraints to development to be a practical alternative at this time.
The Bromelton State Development Area still remains an option, but unless we can find someone to sell us some land there, it’s not going to happen soon. The Development is controlled by the State Government and they are still working on the plan. Apparently there will be opportunities in the 1 km buffer areas between the major industries, but as that, & any Motorsport Precinct in the GC Shire are still a long way off, we are focusing our efforts elsewhere.
The land at Xmas Creek is also the back burner at the moment due to the reluctance of the vendor to sell to us. His wife apparently doesn’t want a kart track next door.
Another block in the same area came to light week before last, but it was sold before we could get a proper look at it.
Then there was what seemed like a very exciting prospect that turned up last week. This land is for sale but the vendor isn’t interested in tying the block up while we seek approval. This makes it hard for the Club as we haven’t got any options regarding it’s use. We only want to build a Kart Track & not something else that may get approval. The vendor has only agreed to a 24 day option, to give us a chance to look at it more closely. Unfortunately there is an option fee of $20,000.00 which we would lose if we don’t proceed to contract. As there are major concerns regarding the lack of a buffer zone, which only came to light today, it would seem prudent to at least, get a contract subject to approval of our Development Application, we have decided not to pursue this property any further at the moment.
The sale of our property is proceeding to settlement this week. Which will see the funds for the sale going directly into our account at the NAB this week also.
Exactly which type of accounts we will use to deposit the funds hasn’t been decided beyond the fact that it will be in short term fixed deposits with the best interest rate we can get.
All this money plus interest will be put away, only to be used for expenses related directly to the relocation of the club.
The Club Championship Format that was used last year has been approved for 2008. Unfortunately there are some issues that have come up, mainly due to the fear that now that we are holding meetings away it will be hard to get people to do there club duty, plus the fact that someone with less overall points can win the Championship, which to me and many other members is unacceptable. I will ask Jo if she could explain it to you later on.
Over the last month or so we have received 3 or 4 letters about the behaviour of some of our members towards other Club Members on the Clubs premises and elsewhere. These letters have raised concerns involving intimidation and in some cases physical violence. These are very serious matters and the Management Committee will be seeking legal advice as to what our options are. The good reputation of our Club is at stake here, and something needs to be done.
There have been ongoing discussions with our Accountants & Lawyers regarding the future structure of our Club. As there seems to be a differing of opinions on some aspects, we have asked our lawyers to come along tonight, to explain our options to you more fully. Our Accountants have provided us with a letter setting out their concerns and some recommendations. A Special General Meeting will be called to change the Clubs Model Rules to allow the Club to form a separate Trustee Company to own & operate our new facility. As I see it, the sole beneficiary of this trust would be the GCKC, this will have the effect of protecting our assets against any legal proceedings that may be instituted against the Club in the future, also the Club members must be able to elect the office bearers of both the GCKC and the trustee company.
GOLD COAST KART CLUB
PRESIDENTS REPORT
GENERAL MEETING 7th April 2008
There has been a lot of water under the bridge since my last report on the 4th of February.
It was a big job to remove from Day’s Park all the equipment that we might need for the future.
We now have 3 containers full of stuff stored temporarily at Parklands. It will probably have to be moved within 12 months, to a new location, (hopefully that we own.)
I was disappointed with the amount of help we received from ordinary club members. As usual it was left to a few. Thanks must go to Pat Buckley, Geoff Salmon, Robert Akes, John Sewell, Mick & Francis King, Kathy Thompson & Robbie Daniels.
Our focus now is on relocation & basically at the moment we are waiting to see the master plan for the proposed i-METT motorsport precinct. This is due out in June or July, once this happens we will be able to identify suitable blocks of land that will be adjacent to the proposed motorsport precinct. At the moment any land we find, we can’t act on without knowing where it will fit into the precinct, and this isn’t available until June of July. The Government won't be making a decision on the go ahead for the project until the end of the year at the earliest. In the meantime we will trying to get a meeting with Paul Lucas the Minister for infrastructure & planning to see, how he sees the clubs involvement, and to try to short circuit the approval process. At our last meeting with i-METT we ageed to exchange letters confirming in writing the basic details, under which we may be able to proceed with our involvement with the i-mett proposal, these include: Time frame for approval by the Qld Government. Date for commencement of construction. Cost of land if it was purchased from i-METT. Possibility of the establishment of a temporary circuit.
At our special general meeting held in March it was resolved by the members that the club form a trust to own our new track. This has been approved by the Dept of Fair Trading. A draft of the trust deed is being drawn up by our lawyers and will be presented to the club members asap.
Some recent decisions etc from an AKA phone conference held on the 18/2/08 have just come through.
The approved tyre for the Restricted TaG class is the MG Red. Passed, Qld voted yes.
The date that the implementation date of the new J Max barrel is deferred from 1st March to 1st May 2008. Passed, Qld abstained.
According to Richard Erdmann, 12 teams have indicated they will compete in CIK but no contracts have been signed.
*40 engines have been purchased by AKA Secretariat, said they had been on order from 2007
Agreement that an absolute minimum of 11 teams / 22 drivers but the preferred minimum is 12 teams / 24 drivers as the target for CIK to progress. Failing that, it reverts to the IKC proposed solution of looking at a 2009 implementation date.
Our next race meeting is on the 27th of April at Warwick. Jo has been working hard behind the scenes & the supp regs should be posted within a few days.
GOLD COAST KART CLUB
PRESIDENTS REPORT
GENERAL MEETING
4th February 2008
Firstly I would like to welcome you all here tonight, & thank you for taking the time and effort to get involved with the running of our Club.
The race meeting on the 27th was very successful with over 150 entries. I would like to thank Jo & her team, who did a great job, to get through my overly ambitious program, which wasn’t helped by the late arrival of the ambulance.
The relocation of the Club is taking up most of my available time, with an extra sense of urgency as the 17th Feb approaches. There are some positives to report and some negatives as well.
The land at Clagiraba is really in the to hard basket, as it has so many constraints to development to be a practical alternative at this time.
The Bromelton State Development Area still remains an option, but unless we can find someone to sell us some land there, it’s not going to happen soon. The Development is controlled by the State Government and they are still working on the plan. Apparently there will be opportunities in the 1 km buffer areas between the major industries, but as that, & any Motorsport Precinct in the GC Shire are still a long way off, we are focusing our efforts elsewhere.
The land at Xmas Creek is also the back burner at the moment due to the reluctance of the vendor to sell to us. His wife apparently doesn’t want a kart track next door.
Another block in the same area came to light week before last, but it was sold before we could get a proper look at it.
Then there was what seemed like a very exciting prospect that turned up last week. This land is for sale but the vendor isn’t interested in tying the block up while we seek approval. This makes it hard for the Club as we haven’t got any options regarding it’s use. We only want to build a Kart Track & not something else that may get approval. The vendor has only agreed to a 24 day option, to give us a chance to look at it more closely. Unfortunately there is an option fee of $20,000.00 which we would lose if we don’t proceed to contract. As there are major concerns regarding the lack of a buffer zone, which only came to light today, it would seem prudent to at least, get a contract subject to approval of our Development Application, we have decided not to pursue this property any further at the moment.
The sale of our property is proceeding to settlement this week. Which will see the funds for the sale going directly into our account at the NAB this week also.
Exactly which type of accounts we will use to deposit the funds hasn’t been decided beyond the fact that it will be in short term fixed deposits with the best interest rate we can get.
All this money plus interest will be put away, only to be used for expenses related directly to the relocation of the club.
The Club Championship Format that was used last year has been approved for 2008. Unfortunately there are some issues that have come up, mainly due to the fear that now that we are holding meetings away it will be hard to get people to do there club duty, plus the fact that someone with less overall points can win the Championship, which to me and many other members is unacceptable. I will ask Jo if she could explain it to you later on.
Over the last month or so we have received 3 or 4 letters about the behaviour of some of our members towards other Club Members on the Clubs premises and elsewhere. These letters have raised concerns involving intimidation and in some cases physical violence. These are very serious matters and the Management Committee will be seeking legal advice as to what our options are. The good reputation of our Club is at stake here, and something needs to be done.
There have been ongoing discussions with our Accountants & Lawyers regarding the future structure of our Club. As there seems to be a differing of opinions on some aspects, we have asked our lawyers to come along tonight, to explain our options to you more fully. Our Accountants have provided us with a letter setting out their concerns and some recommendations. A Special General Meeting will be called to change the Clubs Model Rules to allow the Club to form a separate Trustee Company to own & operate our new facility. As I see it, the sole beneficiary of this trust would be the GCKC, this will have the effect of protecting our assets against any legal proceedings that may be instituted against the Club in the future, also the Club members must be able to elect the office bearers of both the GCKC and the trustee company.
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