Dunedin venue general manager Mike McGarry spoke to the board on Wednesday about the upcoming tournament, the scale of which the wider Dunedin community was yet to grasp, he said.
Seven cup matches will be played in Dunedin. Mexico, Uruguay, Serbia and Mali would be based in the city for the tournament, and Mosgiel's Memorial Park was one of the teams' training venues.
In addition, a Portugal v Colombia game would be held in Dunedin.
Mr McGarry said a fence would be erected around training venues for security, but spectators could watch most of the Mosgiel training sessions from the Memorial Park stadium.
The contestants were ''superstars of the future'', he said.
Mr McGarry said Fifa often received poor publicity because of perceived corruption, but the ''legacy'' of such events was positive for host cities.
Tournament equipment would be left at training and playing venues for local players, and changing rooms had been painted.
The tournament was expected to generate about 200 million television viewers, making it the second-biggest Fifa event.
It was about equal to the adult women's tournament in respect of audience share, he said.
''I don't think we quite realise, Dunedin, just how big this event is on a world scale.''
Mr McGarry said it was hoped Mosgiel businesses, as well as those in the wider city, signed up for a tournament package that included celebration bunting.
The 24-team World Cup runs from May 30 to June 20 in seven host cities.