Martinez Marina in Martinez, Calif., is in hot water, financially speaking, and some Martinez officials are ready to close the marina down and let it return to its natural state, according to an April 29 Dredging Today report.
The facility needs millions of dollars worth of repairs, including renovation to the eastern breakwater wall and a $300,000 dredging job.
Currently, state lawmakers are weighing a bill that would take a bigger share of the marina’s diminished revenues in exchange for turning the dilapidated facility over to the city. The city is scrambling to meet increasingly stringent terms of a $3.1 million state loan.
With all that in place, the marina’s private operator has vowed to spend $3 million to install 150 new concrete docks on the east side, which is currently inoperable. However, that won’t happen if the city cannot find the necessary $4.5 million to make the initial repairs, of which it is $1.3 million short.
Closing down the marina is also on the table. “We’re paying (the state Department of Boating and Waterways) and saying at the same time that we need money back. That is bureaucracy at its best,” said Commissioner John Fuller of the city Park, Recreation, Marina and Cultural Commission. “I would like to see what it would take to close down the marina.”
Fuller was referring to the terms of a proposed state senate bill (SB 151) that would turn the marina property over to the city, in exchange for 20 percent of marina revenues. City officials are negotiating with the state to reduce that amount.
The $3.1 million loan from the state Department of Boating and Waterways (DBW), originally approved in 2008, has since been subject to an increasingly stringent set of conditions, including a provision that projects funded through the loan generate enough revenue to repay the loan.
Much of the money will be spent on repair of the eastern wall, which is now allowing silt to pour into the marina, rendering the eastern portion too shallow to allow boats in and out. The city also needs to dredge the entire harbor at a cost of $300,000.
Recreation manager Mitch Austin said the city staff is considering closing the marina and returning it to the state, in the event that DBW does not commit to an additional $1.3 million loan in the future to complete the work.
If the city ends up giving the land back to DBW, Austin said the State Lands Commission would require the city to return the facility to its natural state. However, returning the marina to its natural state would create a problem for DBW, Austin said, because then there would be no revenue to pay back the loans to the city.