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<br />Marina Office Improvements <br /> <br />Shoreline Enterprise Fund <br />(in lhousands) <br /> <br /> <br />FY 2005106 Actual: <br /> OJer~! <br />~ Ravanue ~ ~u <br />Golf Course $ 793 $ 364 (11 $ 429 <br />Harbor Operations 968 1,713 (2) ( 745) <br />Shoreline 812 529 283 <br />Subtotal 2,573 2,606 33) <br /> <br />Estimated Future Annual Costs: <br />Dredging 1,000 <br />Improvements 614 <br />Tolal $2,573 $4,220 <br /> <br />(1) Expenses decreased by $82k for one-time cell tower payments to AGe <br />(2) IncllXSes SS64k in General Furx:l and CalBoat loan repayments <br /> <br />($1,647) <br /> <br />Harbor Operations - Revenues <br />FY 2005/06 Actual <br /> <br />Harbor Operations - Expenditures <br />FY 2005/06 Actual <br /> <br />Berthing Fees <br />Fuel Sales <br />--~""'~~-"-~-- <br />Utility Charges <br />-~----- <br />Keys <br />--~---------- <br />San Leandro YC <br />~--~-- <br />Spinnaker YC <br />-------"- <br />Interest Income <br />Total <br /> <br />841,611 <br />58,342 <br />32,448 <br />2,760 <br />2,400 <br />3,000 <br />27,162 <br />$967,723 <br /> <br />Salaries & Benefits <br />Services <br />Supplies <br />Depreciation <br />Interfund Charges <br />CIP Charges <br />Debt Service - GF <br />Debt Service - DBW <br />Total <br /> <br />347,303 <br />276,241 <br />57,928 <br />100,891 <br />325,308 <br />40,902 <br />267,464 <br />296,722 <br />$1,712,759 <br /> <br />Past Privatization Proposals <br /> <br />Recent Marina Improvements <br /> <br />Pacific Marina Development approached the City in <br />2004 with the following proposal: <br /> <br />Dock Lighting Upgrade <br />Fuel Dock Resurfacing <br />New Landscaping <br />Fishing Pier Renovation <br />Boat Launch Dedication <br />Rip Rap Repairs <br />New Entry Signs <br />Pavement Improvements <br />Clubhouse and Marina <br />Office Repainted <br /> <br />Pacific Marina Development would: <br /> <br />Payoff Calboat loans - up to $3.8 million <br /> <br />Enter into a 55-year master lease <br /> <br />Install dry stack storage at old boat yard <br /> <br />Renovate and expand harbor <br /> <br />Manage harbor operations and maintain berths <br /> <br />Remt to City 10% of gross berthing revenues first five years and <br />15% thereafter (est. at $100.000 \0 $150,000 annually) <br /> <br />The City would: <br />Maintain infrastructure other than berths <br />Continue to dredge channel and harbor <br /> <br />