Transfer Marina lease to Safe Harbor Marinas for remaining 33 years
In Plain English
Richmond Bay Marina currently operates the city's 850-slip marina under a lease that runs until 2055. The current operator wants to sell its lease rights to Safe Harbor Marinas, a company that runs 3 other Northern California marinas. If approved, the city receives $480,000 in property transfer tax and keeps free access to the boat launch and 6 boat slips for police and fire operations.
Auto-generated summary. Source: official agenda documents.
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