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HomeMy WebLinkAbout89-57 - Balboa Yacht Basin Schedule of RatesV RESOLUTION NO., 89 -_5Z 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, 1989 AND RESCINDING RESOLUTION NO. 88 -47. 0 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 1989 -90: 1. Slip rental rate shall be set at $11.00 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; 1 4. The detached garage storage spaces that are ancillary to the marine will be charged at the rate of $80.00 per month. • ADOPTED this 26th day of June, 1989. 2