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Council discusses renewing dock lease rates; staff to present revised three-year lease template and rates
Summary
Work session members reviewed decades-old dock lease rates, discussed how to update per-foot annual charges, and directed staff to prepare updated lease terms (including a recommended $14 per linear foot annual fee, no retroactive charges, and shorter lease terms) for council consideration.
At the Aug. 12 work session, staff reported that dock leases on city harbor property have not been updated in many years and presented calculations based on the maximum 5% escalation clause in existing leases. The packet included a survey and proposed updated amounts per linear foot. Councilors and staff discussed options including…
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