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Lakeside Trust Proposal

Charter 

“To provide for the management, operation, use and promotion of Lakeside International Raceway for the purpose of staging motor racing, sporting, educational, recreational or entertainment events and for other community purposes, including related activities that support the facility’s ability to execute the aforementioned purpose.”

 

Proposal Outline

The Lakeside Motor Raceway Enthusiasts Inc (LMRE) recognises that Lakeside is a community asset; both to the Pine Rivers Shire and the State of Queensland, and that this asset should be available to the broader community. The LMRE recognise that this is best achieved by ensuring that the broader community is entrusted with the responsibility, control and future of the Lakeside complex.

The LMRE propose that the above is best achieved by the establishment of an independent Trust which has as its primary objectives, the care, continued existence and availability to the community of the Lakeside complex. It will also ensure no particular community group that wishes to utilise the complex is excluded.

It is important to recognise that with the State Heritage listing the Lakeside complex is a State cultural asset. That means that as well as residents of the Pine Rivers Shire, all Queenslander’s have a vested interest in the complex.

 

Why a Trust?

A Trust may be broadly defined as the placing of property or money under the control of a particular person or persons, with defined guidelines, for the benefit of another person or persons.

 In the case of Lakeside, we are proposing that a new legal entity be formed to provide a structure for the on-going management of the Lakeside facility and provide the owners with more flexibility and benefits as guardians of the site. 

·        A Trust can allow for a transfer of ownership without a strategic loss of control.

·        A Trust will transfer the responsibility for the management of the site away from the Council.

·        A Trust will be managed by a board that reflects all the community stakeholders, including the facility users and the Council.

·        A Trust will relieve financial burden of the facility from the Council.

·        A Trust can lease the management rights to a professional third party to operate the facility on day-to-day basis.

·        A Trust can help protect the Council from insurance claims which may be brought against the facility.

 Generally most Trusts created over a public asset have an act of parliament passed to ensure there are strict guidelines regarding the objectives of the Trust, and how the Trustees may or may not undertake certain functions, and operating rules, such as the time period Trustees may serve as a trustee.

 A Trust created under an act also allows the land to be held in perpetuity. That means that the land can be held or owned by the trust without having to be sold once the owner of the land dies after a certain period, as is the case usually with privately owned land.

 An example one of the most successful trusts over a public area is the Mount Gravatt Showgrounds Trust. This is operating under the Mt Gravatt Showgrounds Act 1988 (refer to Appendix B) and is used by a variety of community groups, from dog training to historical vehicle displays. It also has permanent facilities such as a golf driving range.

 A Trust really allows the Trustees to concentrate on what is best for the property and the persons for whom property is being held. In this instance by placing the Lakeside Complex in a Trust, the Trustees while knowing they must follow all governmental regulations will be free from many of the constraints and considerations that a Shire Council for example would have to consider.

 That is not to say the Local and State government would not have representation on the trust. An act may stipulate that certain trustee positions be reserved for specific identified elected representatives, as well as those from the community. (Please refer to Appendix B for an example).

 

Who owns and uses Lakeside now?

The Pine Rivers Shire Council acquired the complex in 2001 and should be congratulated for having the foresight to purchase Lakeside for the community. Currently it is understood that it is utilised by a limited number of sporting groups. 

As the owner of a heritage place, the Pine Rivers Shire Council is responsible to the State Government’s Environmental Protection Agency to ensure they and those that use the complex conserve and maintain the identified heritage integrity of the complex.  

In proposing the Trust the LMRE recognises that the burden of Lakeside currently falls directly upon the ratepayers of the Pine River Shire and it would like to see this burden lifted while ensuring Lakeside is still available to the wider community and sporting groups. 

 

Could the Lakeside Trust fund itself?

 At the time the Lakeside motorsport complex ceased operating it had a full calendar of events.

Provided it compliments community expectations, we suggest that the trustees be permitted to consider every avenue to raise funds to support the complex, including: 

1.   Initial donation of the complex by the Pine Rivers Shire Council to the Lakeside trust or rent on “peppercorn basis” over a defined period, of possibly 25 years>. This would allow for long term planning, commitment from financial and commercial partners and ensure immediate success by minimizing the debt burden.

2.   State and Federal Government funding including grants and loans, for either publicly owned sporting facilities and heritage places. (Whilst, Lakeside had successfully applied for State funding prior to the transfer of ownership, the facility has received or been able to apply for either of the aforementioned categories of government funding).

3.    Attract corporate sponsorship.

4.   Volunteer labour and donations. It is important to remember Lakeside was substantially constructed by volunteers and a large amount of the cost of refurbishment could be absorbed by donations of materials and labour. This includes expertise.

5.   Income through short term rental or leasing of existing facilities to various interested clubs and organisations.

6.   Possible selling or long term leasing of a small proportion of the land for residential/recreational/educational or other such uses.

7.   Develop a portion of the site to attract businesses for the stable cash flow provided by commercial leases such as the driver/rider training facility.

8.    Loans or issues of debentures.

9.    Establishment of tourist attractions at the site including a motorsport museum.

10. Community Emergency Services training

11. Vehicle manufacturer testing and promotional events

12. Develop environmentally friendly motoring technology

13. Club-level motorcycle, automobile and superkart racing events.

 Recognition should also be given to the monetary benefit Lakeside has given in the past to the PRSC community. As a motorsport track it attracted numerous competitors and spectators to the area who spent locally. Many community groups were invited to fundraise through gate takings etc. The benefit of such a community asset flows onto the community as a whole.

 It should also be remembered that funding for Lakeside is but one issue. The Trustees would need to consider other issues such as how Lakeside as a complex would fit into the developing Pine River Shire, and whether any concerns regarding the environment are valid or require addressing. Most of these however would be addressed through a number of specific studies for evaluation and incorporation into a master plan for the complex.
 

How will heritage listing affect the Trust? 

As a heritage listed place, the Lakeside Trust will not have to seek approval by the State for every change or each time it is used.  

The Queensland Heritage Council (QHC) has available a number of legislative mechanisms which enable it to pre-approve or exempt certain works on a Heritage Place. This exemption or pre-approval operates in conjunction with the Local Authority and the Integrated Planning Act 1997 and requires a comprehensive conservation study to be undertaken on the heritage place.

These mechanisms include: 

·          An exemption certificate. Part 5, division 2 of the Queensland Heritage Act provides for exemption certificates to be given in certain circumstances and provides an exemption from lodging a development application (to the Heritage Council) for certain work including

·                    maintenance work;

·                    emergency or minor repair work;

·                    work undertaken in a prescribed manner. That is work to a standard                       prescribed manner, generally in accordance with the conservation plan.

·          Exemption for what may be considered minor works that do not have a permanent impact upon a heritage place. For example, in the case of Lakeside where an event is being held and erection of tents and temporary buildings such as demountable toilets occur one would envisage approval form the QHC would not be required. 

In conclusion, there is a high degree of flexibility permitted by the QHC, provided an established and approved conservation plan is in place, for heritage listed properties to undertake works and to use and enjoy the facility without the obligation to constantly seek approval from the QHC.
 

What of Lakeside’s Future? 

Motorsports within Australia has changed dramatically in the past few years alone. The top level V8Supercar Series, currently could not run an event at Lakeside due to various commercial and logistical factors. 

In fact, a major change has taken place since the Pine Rivers Shire conducted its initial studies into the viability of Lakeside. The advent of a new governing body for Australian motorsport forces a review of all past assumptions. The Australian Auto-sport Alliance is a non-profit organisation that has dramatically reduced the costs associated with operating motorsport venues and events. 

However, the trustees would need to consider all options and requirements as to what would benefit the Lakeside Complex, the local community – both business and private, the Pine Rivers Shire Council and the Queensland’s State Government’s Environmental Protection Agency. 

Lakeside was owned and run as a private company, with the involvement and support of many motorsport enthusiasts, private companies and community groups. 

However, with the potential income that the complex may generate and in consideration of the reason for which Lakeside was State Heritage listed – its motorsport history - it would be desirable that some form of motor racing, and associated industries, along with driver training, return to the complex.
 

Will heritage listing let everyone use the complex?

 State Heritage listing is there to ensure the preservation and conservation of a heritage place that has been recognised as having cultural value to the people of the Sate of Queensland. Such identified properties are entered onto the State Heritage Register. 

Responsibility for places, apart from the owners of such places, entered upon the Heritage register rests with the Queensland Government’s Environmental Protection Agency (E.P.A). With regards to heritage the EPA operate under Queensland Heritage Act 1992 (Qld). Any listings and subsequent development upon heritage places is reviewed by the Heritage Council, who is comprised of different representatives from specific areas of heritage and the community. 

An important document that provides guidelines conservation and preservation of Heritage Places in Australia is The Burra Charter: The Australian ICOMOS Charter for Places of Cultural Significance (Burra Charter). Now under the Burra Charter continued use is encouraged, as is conservation of the Place, meaning that it should change as little as possible.         

An easy example to point to is the adaptation of warehouses that were used as Woolstores, for residential living found in the inner city suburbs of New Farm, Teneriffe and Newstead.

Where a heritage place has a State listing over it such proposed changes of use for the place are presented to the Heritage Council and they approve or may make recommendations to change the proposal.

Heritage listing does not mean anything on a place is prohibited. It means that whatever the use heritage place is put to it does not compromise the heritage integrity of the place and ensures that the heritage is preserved for future generations. 

 
What is so special about Lakeside?

Much has been written and said about Lakeside by spectators, volunteers and competitors alike. Its history is so significant that when it was nominated to the State Environment Protection Agency, its Heritage Council, who is comprised of various heritage industry professionals and representative from the community, unanimously placed it on the Heritage Register.

Why, because the complex as a motor racing circuit provides an important link with Queensland’s history. Opened in 1961 by the then Queensland Governor Sir Henry Able Smith, Lakeside was the first purpose designed motor racing circuit in Queensland. A motorsport circuit from this era is now rare in Australia.

Over the years the circuit has seen many national and international champions, who are household names race there. These include such names as Sir Jack Brabham, Mick Doohan, Sir Jackie Stewart, Gregg Hansford, Jim Clark, Peter Brock and our local Queensland hero Dick Johnson. 

Fortunately the Heritage Council does not have to justify a heritage listing by whether it is popular or not. Motor sport is certainly among the most popular of sports supported in Australia today.  

The Heritage Council can apply and approve standard criteria which enables, as far as possible, to remove any bias of personal preference as what should or should not be listed. Lakeside is on the State Heritage register because, after rigorous assessment, the Heritage Council finally deemed that it was an important Queensland cultural asset worthy of conservation.
 

What is the next step?

 Following consideration of the concept of Trust for the future management structure of Lakeside International Raceway, we suggest a follow-up meeting between all the stakeholders to answer any questions by the parties. 

Subsequently, if an agreement can be gained, Lakeside Motor Racing Enthusiasts will offer to assist in the undertaking of an assessment of the race track in its current state and prepare a long term plan for the success the Lakeside. 

Who are the stakeholders?

They are the residents and business community of the Pine Rivers Shire, the Pine Rivers Shire Council, State and Federal Government representatives, all clubs and associations which are using or would desire to use the complex, and because of the nature of the of the complex, motor racing enthusiasts. In short no one should be discouraged from involving him or herself in the future of the Lakeside complex. 

Lakeside is human-made complex and as such requires controlled usage and maintenance. It’s current state, though somewhat deteriorated through lack of proper and controlled maintenance is not beyond conservation and restoration.

 Link to the PRSC response to the Trust Proposal

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Last modified: September 21, 2008