Upon ratification of this by the A&P Society, the council would start the process of preparing a Reserve Management Plan for the site and vest the Tōmoana Showgrounds as a reserve under the Reserves Act 1977. The name "Tōmoana Showgrounds" would be retained, and as a reserve the site would be held by the council in perpetuity.
Hastings mayor Sandra Hazlehurst said the showgrounds were very important to the community, as shown by the fact more than 1200 responses were received when the proposal went out for feedback as part of the Annual Plan process.
"From all that feedback, 91 per cent were supportive of council buying the showgrounds, with a large number saying this site needed to be protected as a green space both now, and for future generations.
"I'm pleased the A&P Society will still be holding their iconic events with a long tradition of celebrating our rural community, and this decision also opens the door for many more events to be held at this location.
"Under a trust the whole site will be managed to protect the long-term interests of this special place and our people – to give certainty for the likes of the much-loved Farmers' Market – the oldest Farmers' Market in New Zealand."
Hawke's Bay Farmers' Market spokesman Murray Douglas said this was a magnificent opportunity for Hawke's Bay, building on the fantastic job the A&P Society had done for more than 100 years.
"There's an opportunity now for thoughtful investment to develop more events and supporting infrastructure to ensure events and activities like ours can continue for the next 100 years."
Another big event held at the showgrounds was the Horse of the Year and event chairman Tim Aitken agreed the purchase would be a positive move.
"We would be excited to work with Hastings District Council and our partners Equestrian Sports New Zealand to ensure the grounds are fit for purpose."
With the council's approval on Thursday, it means the adoption of the Annual Plan on June 30, including the purchase of the showgrounds should that proceed, would result in an average rate increase of 6.9 per cent for the 2022/23 year.