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McCall council approves assignment of Mile High Marina lease to new investor group after public objections
Summary
The McCall City Council on Feb. 11 approved the assignment of the city's Mile High Marina lease to RM Mile High LLC and consented to a leasehold mortgage to First United Bank and Trust Company after public comment alleging nondisclosure of new ownership and heavy financing.
The McCall City Council on Feb. 11 approved an application to assign the city's existing Mile High Marina lease from Mile High Marina LLC to RM Mile High LLC and consented to a related leasehold mortgage to First United Bank and Trust Company.
The vote followed an extended public comment period in which residents raised concerns that city staff and council had not disclosed that the marina's majority ownership might be sold to an out-of-state investor and that an $11.7 million loan appeared to be attached to the venture. Several speakers asked the council to reopen the conditional-use permit (CUP) process and hold a public hearing on the new ownership.
Supporters of the assignment, including the marina's current operator Sam Worley and attorney Steve Milliman, told the council the proposed investor, Resilient Capital Partners (through RM Mile High LLC), brings capital, marina-management experience and intends to keep Worley involved in day-to-day operations. Milliman said the State Department of Lands has already…
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