The Muswellbrook Chronicle recently published an article detailing the proposed removal of the structure, which built in 1974 on the site of an older model that dated back to 1934, as part of the Olympic Park Masterplan.
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However, MSC have now flagged to not adopt the amendment that would've seen the facility torn down and used as extra room for a third rugby league field.
This news was welcomed by Pam King, whose late husband is the velodrome's namesake, and many other members of the community who expressed their disappointment at the prospect of it being removed.
While she acknowledges it's not heavily used, and the Muswellbrook Cycle Club is the only group licensed to use it at this time, she was pleased the historical structure will remain in place and is hopeful more people will make the most of it as time goes on.
It will also be music to the ears of the Save the Velodrome committee, who was preparing to make a submission to council on December 17.
Cordelia Prangley spoke about what it means to the town, and why they it deserves to be continually supported.
"It's a piece of historical infrastructure, and we've seen a bit of that go recently," she said.
"And, we'd just like to stand up for something because it's actually quite important."
They also had concerns about the 900 metre criterium track that was set to be a replacement, stating it was likely to be used as a walkway path as opposed to being reserved for cyclists.
Interestingly, groups set to benefit from the enlargement of a third field such as touch football and junior rugby league, have revealed they never rallied for the velodrome's demise.
Extra financial support is yet to arrive to revitalise the Ron King Velodrome and provide the upgrades it requires to be safe for public use, but it has become clear there is broad support for it within the community.