[{"_1":2,"_111":-5,"_112":-5},"loaderData",{"_3":4,"_26":27},"root",{"_5":6,"_17":10,"_18":19,"_20":21,"_22":10,"_23":-5,"_24":-5,"_25":10},"user",{"_7":8,"_9":10,"_11":10,"_12":-5,"_13":-5,"_14":15,"_16":-5},"roles",[],"isAuthenticated",false,"isPremium","planName","subscriptionStatus","featureFlags",{},"insightsBudget","isDevelopmentHost","userPreferences",{},"recaptchaSiteKey","6LcvOJcUAAAAAHsB-gPGfGktcRlKpH7OTIU_dMTD","isImpersonating","impersonation","affiliateStatus","isFreedomPortal","routes/v2/article/layout",{"_28":29,"_30":31},"notFound",true,"relatedArticles",[32,75,87,99],{"_33":34,"_35":36,"_37":38,"_39":40,"_41":42,"_43":44,"_45":46,"_47":48,"_49":50,"_51":52,"_53":54,"_55":56,"_57":58,"_59":60,"_61":62,"_63":64,"_65":66,"_67":68,"_69":70,"_71":68,"_72":73,"_74":73},"mediaId",6152155,"mediaKeyId","5499894-ab73524adbaba573abb244c3601932c5","parentId",5499894,"title","Lindsay Park Yacht Club asks commission to back 20-year lease to finance dock replacements","audioSeconds",1517,"startMs",459980,"endMs",1977770,"viewUrl","/Search/View?dp=1&key=5499894-ab73524adbaba573abb244c3601932c5&start=459&end=1977","thumbnailUrl","https://assets.pipeline.soar.com/5499894-ab73524adbaba573abb244c3601932c5/thumbnail_459980.jpg","articleUrl","/articles/6152155/Davenport-City/Scott-County/Iowa/Lindsay-Park-Yacht-Club-asks-commission-to-back-20-year-lease-to-finance-dock-replacements","mediaUrl","https://secure.pipeline.soar.com/6152155-42609383218431ce75f7d3feb8d321af/orig.mp4?Expires=1771158943&Signature=ZLyvEf1EOj3IpRyKMjgkEY4prRJdryxx2MLpE9l01eW3YFTAras6h5UidRQ9AFqNc9UttbnNuAN3Jhn9cBS~uVjKoV4YYxYKTqj3QZRx~NJrgbQitFdvcTXmIo4y77TqSSYJWJxRmyW7pfbuBAkz~4vBXOIhFA3qYEvglEBJArx3hXmyKt3ZwECsY-2PzVdFdlHAzAq05ysGYXpFNHiIHt559urcTfGkUSqfKO7~VpkEqdYRXq3Q3XSq8nNF~r2lnYGvuPkCki0AowzkhoCglTNFXpBt99cYijgPYkzmuDykT65vDx18PnnK32TRT3M1DJ5JHYsGAueMrLoy20b~OQ__&Key-Pair-Id=KUT5TJCACFTXG","author","City of Davenport, IA","date","2025-06-25T16:05:03Z","article","Members of the Lindsay Park Yacht Club asked the Riverfront Improvement Commission on June's meeting to recommend a 20-year lease and accompanying management agreement so the club can secure loan financing to replace multiple aging docks at Lindsay Marina.

The request came from Chris Clements and Jeremy Richard, who identified themselves as members of the club's board of directors. Clements told commissioners the club has been managing the marina for decades and is seeking a longer lease term because its lender requires the loan amortization to match the lease and management-agreement term. \"IH Street Valley Credit Union has done several loans for previous boards ... The only thing we ask is that the amortization schedule of the loan matched the lease term and the management agreement term,\" Clements said.

The change is intended to fund replacement of at least five piers currently deemed in poor condition and not insurable, the presenters said. Clements described the piers targeted for immediate replacement as roughly \"30 to 40 years\" old and said the club has saved about $1 million for replacements but would use loan proceeds to complete the work sooner. He said the project is planned in two phases, with a first phase to replace uninsured piers and a second phase to bring other docks to the same standard.

The club described planned improvements including new floating pier components (poly-plastic floats with metal framing and concrete 2x2 slab tops), upgraded electrical and water service, added dock lighting and ramps to improve accessibility. The board also said it would add a transient, uncovered dock to accept short-term visitors and noted the marina provides fuel, pump-out and showers, services the club argues serve the broader riverfront economy.

Commissioners and staff pressed on timing and process. City staff noted council approval is required for lease terms longer than three years, and commissioners were told the earliest likely council approval cycle would be in August if the commission forwards a recommendation in July. Club presenters said their contractor is asking for a signed contract and deposit by July 30 to secure current pricing; the club said its lender has completed underwriting and is waiting for the lease and management agreement.

Commissioners and presenters also discussed access, parking and recurring flooding at the marina site. Clements described an \"oddly intertwined relationship\" between club-managed buildings and city-owned docks and noted recurring basement flooding and access problems at higher river levels. He also said the club intends to add security measures such as gate passcodes and, with steady internet, camera systems to deter trespass and vandalism.

No formal motion to approve a 20-year lease was taken at the meeting. Staff agreed to prepare an updated draft of the lease and the management agreement for the commission's review, and the commission discussed scheduling either a special meeting or addressing the item at its July meeting so that a recommendation to city council could be made in time to match the club's contractor schedule.

The commission's next steps are to review the existing lease language, receive the city-drafted lease and management agreement for comment, and decide whether to call a special meeting to consider a recommendation before the council's agenda deadline.

","mediaType","Video","parentTitle","Davenport City RIVERFRONT IMPROVEMENT COMMISSION 06.24.2025","oneSentenceSummary","Members of the Lindsay Park Yacht Club asked the Riverfront Improvement Commission on June's meeting to recommend a 20-year lease and accompanying management agreement so the club can secure loan financing to replace multiple aging docks at Lindsay Marina.","taxTitle","Davenport City, Scott County, Iowa","taxId",3923,"location","headline","","shortSummary",{"_33":76,"_35":36,"_37":38,"_39":77,"_41":78,"_43":79,"_45":80,"_47":81,"_49":82,"_51":83,"_53":84,"_55":56,"_57":58,"_59":85,"_61":62,"_63":64,"_65":86,"_67":68,"_69":70,"_71":68,"_72":73,"_74":73},6152140,"Mississippi River project: Waterfront Alliance offers free waterfront-design training to Davenport commissioners",160,2772210,2932220,"/Search/View?dp=1&key=5499894-ab73524adbaba573abb244c3601932c5&start=2772&end=2932","https://assets.pipeline.soar.com/5499894-ab73524adbaba573abb244c3601932c5/thumbnail_2772210.jpg","/articles/6152140/Davenport-City/Scott-County/Iowa/Mississippi-River-project-Waterfront-Alliance-offers-free-waterfront-design-training-to-Davenport-commissioners","https://secure.pipeline.soar.com/6152140-60672b7863ca0211205c7fd47de97578/orig.mp4?Expires=1771158943&Signature=Wl9RfHoHRqrB5-~aSxMqMbzghDqgvbl37~yz~0f2wT7Y3LZtUbIWFPmTrO2mrZqOpJv9CczXplvp9Y-tunnhiUh2AQlWkQE9VtOkLgN6GMa61~zU4DWOzNLJo0Lxr9tL-~280b8auRw6xV3PYPZcKwWiRjjMBq68qccOexjhTbnOCukubACfaf7hGxrINnMaIWmNY-KvD8JyrtbJPLVkwLF2yU0xMWADbbW~frNsopq2THw-8e-5ET45AFOVRa7SHC6ja-uAvQ3AufzTtOdF4H7j-XO7uv-7538CXPOeZkKOghde-0eySibBVpB9xb8fpiPXHay34ktnG-s6BdmE~g__&Key-Pair-Id=KUT5TJCACFTXG","A visitor to the meeting invited Riverfront Improvement Commission members to free waterfront-edge design training provided by the Waterfront Alliance and funded by the Walton Family Foundation.

The presenter said the Quad Cities has been selected as one of three Mississippi River focus areas for the Waterfront Alliance program, joining projects in St. Louis and Memphis. She described an online training module (about eight hours) that commission members and staff can take at their own pace and said a workshop tied to the commission’s October Mississippi River conference would bring national designers and funders to the Quad Cities. \"After the workshop, the Walton Foundation will see that one of the projects gets installed, gets implemented, gets put in the ground,\" the presenter said.

The training emphasizes resilience to changing water levels, ecological shoreline design and public access at the river edge. The presenter encouraged commission members to register through River Action and said the presenter and staff had already taken the course themselves and could provide enrollment links.

Commissioners asked for clarification about how the guidance would be used; the presenter said the materials would be available for commissioners to apply when evaluating riverfront projects and could be used to seek recognition or \"a rating\" for a given project. The presenter estimated the self-paced course takes about eight hours and described occasional virtual sessions that allow participants to interact with designers.

","A public commenter invited commissioners to free Waterfront Alliance training funded by the Walton Family Foundation. The program, focusing on resilience, ecology and access at the river edge, will include an October workshop; one of the selected projects will receive implementation support.",{"_33":88,"_35":36,"_37":38,"_39":89,"_41":90,"_43":91,"_45":92,"_47":93,"_49":94,"_51":95,"_53":96,"_55":56,"_57":58,"_59":97,"_61":62,"_63":64,"_65":98,"_67":68,"_69":70,"_71":68,"_72":73,"_74":73},6152145,"Commission hears cash-balance update; May balance about $274,000",72,49545,121880,"/Search/View?dp=1&key=5499894-ab73524adbaba573abb244c3601932c5&start=49&end=121","https://assets.pipeline.soar.com/5499894-ab73524adbaba573abb244c3601932c5/thumbnail_49545.jpg","/articles/6152145/Davenport-City/Scott-County/Iowa/Commission-hears-cash-balance-update-May-balance-about-274000","https://secure.pipeline.soar.com/6152145-65e83ab2936b834395fe171ec3926d55/orig.mp4?Expires=1771158943&Signature=Pr1UpJpXtKs4Y8P2kD~Rk-SxEB3wuzmfB6pX7aqnDbnQvw6FNBbp58qEWhQCKo3dvjh9~M6J9t1LuMFHF~ibavuzrRw2jtKu2qoO8t6dleN9R9kKUoMDJ3wAKdE4gb6tJxrRZka2aBlql~AdIWVuJSKcG7VTFftykm1IAS8UqQcNLQCQvJAWmiiz3vSVroUpcqzNsRTvfnZCrMAK6lGxeoOB4kDQFXBMnhMHiEq-B6rlVvVYcCnvykbAX3Ma3AXYZJtJvs~fqByXv0Z9EC9Jhv~MBwTep2r5qgBDSQCTGb2P0l4q8XLfpEGDZAQrGpsLowut6nLYhtSCI8B2E87PBg__&Key-Pair-Id=KUT5TJCACFTXG","City finance staff told the Riverfront Improvement Commission that the May cash balance available to the commission is about $274,000 and that the accounting close for the fiscal year will produce finalized numbers in September.

Staff said the June balance will mark the end of the fiscal year and that finance expects to have completed, audited figures in about September that will show what cash carries into fiscal 2026. A commissioner asked when the final numbers or a finalized budget would be available; staff replied that completed numbers arrive in September.

No action was taken; the report was provided for information and to help commissioners plan for projects and lease negotiations in the coming fiscal year.

","City finance staff told the Riverfront Improvement Commission the commission's May cash balance is roughly $274,000 and that final fiscal-year numbers will be available in September.",{"_33":100,"_35":36,"_37":38,"_39":101,"_41":102,"_43":103,"_45":104,"_47":105,"_49":106,"_51":107,"_53":108,"_55":56,"_57":58,"_59":109,"_61":62,"_63":64,"_65":110,"_67":68,"_69":70,"_71":68,"_72":73,"_74":73},6152150,"Riverfront commission reviews short-term lease renewals at Union Station",259,152170,411240,"/Search/View?dp=1&key=5499894-ab73524adbaba573abb244c3601932c5&start=152&end=411","https://assets.pipeline.soar.com/5499894-ab73524adbaba573abb244c3601932c5/thumbnail_152170.jpg","/articles/6152150/Davenport-City/Scott-County/Iowa/Riverfront-commission-reviews-short-term-lease-renewals-at-Union-Station","https://secure.pipeline.soar.com/6152150-fb6b2b3c2f491dcc960768ec1240f7cd/orig.mp4?Expires=1771158943&Signature=OAnrHKCtjXIukuM~hS6Vl0lKK9LmVDJOqpeb6m2Yuh59AM1IhanN5dS6U4vN5AzE2Uu2UPAb2eYJzcFNQ76skmnOhGpyQCEngQCwO4JdCv7HniGnz7nzW1dYbcT0X2aGNA5yc3IJoFZFE-p7FFuzSWm45CVhdZSaK3qFFmlQPWnvS4p2C-DQ2Ex4S-d5s8Uq2-LxThUOG9xUZffIre9mDWhpFZsL2oCPaMQtwvAC-9qI1HjSfDvHdI3ZYvXNSYks2fjNYen040-nZTv8FfYv~6zc6jN35kuu9QHlJqdRK5ID9k9tM4enq534VztsjbuFpCIS7GlE5IGzZIHYuehUXA__&Key-Pair-Id=KUT5TJCACFTXG","At its June meeting the Riverfront Improvement Commission reviewed several lease updates at Union Station, including a one-year extension for the sailing club, a one-year renewal for restaurant tenant I Love Foo Foo and a proposed three-year lease for Visit Quad Cities with a first-year utilities cap.

City staff told commissioners the sailing club would receive a one-year extension from July 1 to June 30, continuing prior terms to allow the club and the city time to prepare a longer-term proposal for council consideration. Don Alabak was referenced as having provided an initial proposal to a subcommittee the commission will staff; commissioners Denise and one other volunteered to join a working group with club representatives.

I Love Foo Foo, a restaurant in the Union Station building, exercised the first of two one-year renewal options and signed the current one-year extension. Staff said none of the lease financial terms changed and that the tenant had converted a prior sublease into a standalone lease.

Visit Quad Cities representatives, reported staff, are close to finalizing a three-year lease; the draft shifts utility responsibility to the tenant, with a first-year cap of $750 and a planned proportional analysis in years two and three to set each year’s utility share. Staff said Visit Quad Cities' board is meeting the evening after the commission and that the city's recommendation would be contingent on board approval.

Commissioners briefly discussed meter configuration (tenants are not on separate meters for most utilities) and how utility costs are apportioned by square footage. No formal lease approvals were recorded at the meeting for these items. The commission did approve consent payments at the start of the session: a motion to approve payments carried by voice vote.

","The commission discussed several Union Station leases: a one-year extension for the sailing club, a one-year renewal exercised by I Love Foo Foo, and a proposed three-year lease for Visit Quad Cities that would shift utilities to the tenant with a capped first-year payment.","actionData","errors"]

Article not found

Lindsay Park Yacht Club asks commission to back 20-year lease to finance dock replacements

Mississippi River project: Waterfront Alliance offers free waterfront-design training to Davenport commissioners

Commission hears cash-balance update; May balance about $274,000

Riverfront commission reviews short-term lease renewals at Union Station