HomeMy WebLinkAbout13 - Harbor Commission Recommendations and Alternative Recommendations for Rental Rates for Moorings - PowerPoint (Public)ik� A
A 4N351 E BAY FRONT
5,400 sqf/PAYS $600/yr
Incl Water Occupied By
7 Boats (11 c/sqf)
-10)
..,I;AN RENT (RES. 2015
A
vp
RATE DISCRIMINATION
DOCK VS MOORING
DOCK PAYS $600/yr
MOORING PAYS $1,600/yr
-P
1:1 G.Stat.1978
n 2024
By 2030
?I. B
SHORE MOORING E-42
190 sqf/PAYS $1,600/yr
(18 FT BOAT MAX)
($8/sqf)
CANNOT RENT
Note: These figures are from the City/SLC reporting regarding oublic trust tideland funds held by the City of NB
CITY OF NEWPORT BEACH
Tide and Submerged Lands
Statement of Revenues, Expenditures, and Changes in Fund Balance
For the Fiscal Year Ended June 30, 2023
Revenues;
Rent
Moorinqs Off -Shore (net of increment) 750 units
Residential Piers Rent (net of increment) z 750 units
Tide and
Submerged Land -
Operating
620.650
Tide and
Submerged Land -
Harbor Capital
566,842
160.445
Tide and
Submerged Land
Total Funds
1,187,492
278,445
There are approximately 750 mooring permits and 750 dock/pier permits paying into the City tideland fund
which is established to benefit our public tidelands in Newport Beach.
Mooring Permit Holders pay more than their fair share into the tideland fund.