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HomeMy WebLinkAbout87-83 - Balboa Yacht Basin Schedule of RatesRESOLUTION NO. 87 -83 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF NEWPORT BEACH ESTABLISHING A REVISED . SCHEDULE OF RATES FOR THE BALBOA YACHT BASIN EFFECTIVE SEPTEMBER 1, 1987' WHEREAS, the City of Newport Beach owns, maintains, and operates a marina at the Balboa Yacht Basin; and WHEREAS, the City of Newport Beach has completed a redevelopment of the marina with loan funds provided by the State Department of Boating and Waterways; and WHEREAS, the City of Newport Beach has surveyed the berthing rates of other marinas in :Newport Harbor, and as part of its contract with the State of California has agreed to charge competitive rates at the redevelopment marina; and WHEREAS, the City has agreed that berthing rates shall be adjusted annually on the basis of the Consumer Price Index or other more accurate or relevant indices. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Newport Beach, that the City of Newport Beach set the following rates which shall be effective for the fiscal year 1987 -88: 1. Slip rental rate shall be per month times the overall length of length, whichever is greater; 2. Slip tenants at the time agreement shall pay to the City both the rents based on the length of the boat or greater, plus a $50.00 security fee; set at $10.00 per foot the vessel or the slip of executing a rental first and last month's the slip, whichever is 3. Each slip or berthing space is individually metered for electricity. The tenant will be responsible for any • electrical usage at his rental slip. Electrical rates will be billed by the City at the rate charged by Southern California Edison Company; 4. The detached garage storage spaces that are -1- ancillary to the marina will be charged at the rate of $75.00 per month. ADOPTED this 22nd day of • ATTEST: 9 City Clerk • -2-