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HomeMy WebLinkAbout03 - Harbor Fees - Public Comment - PowerPointAgenda Item #3 Discriminatory Rates, Benefits & Administration (comparison (comparison 50' mooring to Residential Pier at 221 Via Lido Soud) Tidelands Boat Storage •• • Independent Appraisal to None — Rate based on City 2 Professional Tidelands establish Fair Market Value derived Marina Index Appraisals Annual permit fee for boat $3,260 $1,083 storage 2017 Est. annual permit fee by $2599 2017 if pier is rented to third party (fee phased in) Tidelands Footprint 750 sq. ft. 2063 sq. ft. (no buffer -side ties outside "U" possible) Permit Transfers Allowed: 2 until December 2020 then Indefinite Council Policy not a matter none allowed thereafter of law per City attorney 11120113 email Permit Transfer Charge 50% of annual fee None Tenure of permit Annual Annual, 5 or 10 year permit Agenda Item #3 Discriminatory Rates, Benefits & AdministratiOtTrnber26,2013 (comparison 50' mooring to Residential Pier at 221 Via Lido Soud) Third Party Use 0 No more than 60 days (benefit for permitees) Income to City for rental of moorings maintained by mooring permitees Estimate of conferred benefit to private individuals by 2020 if the Res. Pier is rented annually provided free of charge and no more than 30 consecutive days $80,000 annually Accumulated Cost $80,758 including depreciated cost of permit Documentation required by Proof of Vessel Ownership City for the administration (DMV or Documentation) of Tidelands Name, address, phone no. & email Rental /lease is allowed with no time constraints. Third party rental income accrues to permitee No rental by City — no income Accumulated Profit $128,905 - incl. est. property tax & excl. capital gains & com. Marina rate phased in Name & address only No Information on Third Party Renters is required