HomeMy WebLinkAbout95-46 - Balboa Yacht Basin RatesRESOLUTION NO. 95- 46
A RESOLUTION OF THE CITY COUNCIL OF THE CITY
OF NEWPORT BEACH ESTABLISHING A REVISED
SCHEDULE OF RATES FOR THE BALBOA YACHT BASIN
EFFECTIVE JULY 1, 1995 AND RESCINDING
RESOLUTION NO. 91 -69.
• 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 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.
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 1995 -1996:
1. Slip rental rate shall be set at $14.50 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 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 ancillary to
the marina will be charged at the rate of $90.00 per month,
5. The three apartments located on the Marina property will
• be billed at $1,100,00 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.
Be
6. Resolution No. 91 -69 is hereby rescinded, effective July
1, 1995.
ADOPTED this 8th day of May, 1995.
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MAYOR
ATTEST:
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CITY CLERK
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