HomeMy WebLinkAbout90-59 - Balboa Yacht Basin Rate ScheduleRESOLUTION NO. 90-59
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, 1990 AND RESCINDING RESOLUTION NO.
89 -57.
iWHEREAS, 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 1990 -91:
1. Slip rental rate shall be set at $11.50 per foot
per month times the overall length of the vessel or the slip length,
whichever is greater;
2. Slip tenants at the time of executing a rental
agreement shall pay to the City both the first and last month's rents
based on the length of the boat or the slip, whichever is greater, plus
a $50.00 security fee;
• 3. Each slip or berthing space is individually meted
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;
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4. The detached garage storage spaces that are
ancillary to the marina will be charged at the rate of $80.00 per
month.
5. The three apartments located on the Marina property
will be billed at $850 per month. Apartment tenants shall pay the City
one month's rent in advance and the equivalent of one month's rent as
. security deposit.
ADOPTED this 25th day of June, 1990.
ATTEST:
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City Clerk
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Mayor
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