Special Notice / Hearing: None__
Vote Required: Majority
To: Honorable Board of Supervisors
From: Sarah Birkeland, Acting Parks Director
Subject: Amend the Coyote Point Marina Fee Schedule
RECOMMENDATION:
title
Adopt a resolution authorizing an amendment to the Coyote Point Marina Fee Schedule to increase certain fees by 4% to 16% to be effective January 1, 2018.
body
BACKGROUND:
The Coyote Point Marina (Marina) is a public marina located along the San Francisco Bay and accessed by land through the Coyote Point Recreation Area. The Marina operates as an enterprise fund and receives no general funds from the County.
The Marina recently conducted an annual Berth Rate Survey for 2017. Forty-two marinas participated in the survey this year. Of the 42 surveyed, 26 were private marinas and 16 were public marinas resulting in an average berth rental rate of $9.34 per foot. The private marinas' average rate was $9.81 per foot and the public marinas' average rate was $8.55 per foot. The Marina currently has an average rate of $7.94 per foot, well below the public and combined averages.
The Marina has entered into several loan and grant agreements with the California Division of Boating and Waterways over the years for needed capital improvements. These survey findings are always provided to the Division of Boating and Waterways to demonstrate that the berth rental fees are reasonable and not exorbitant. The Marina's operating revenue primarily consists of fees collected for the use of Marina facilities and services. In 2015, County Parks engaged the services of CHM Government Services (CHMGS) to undertake financial and investment analysis related to management structure options for the Marina. CHMGS found that berth rental rates for most of the Marina's berths were somewhat below market, ranging from three to twelve percent below market. CHMGS believes that given the preferable location, weather pattern, and setting enjoyed by the Marina, ...
Click here for full text