LB considers slip fee increases

LONG BEACH— As city officials move toward the next phase of the Alamitos Bay Marina rebuild, members of the Marine Advisory Commission were introduced to proposed increases in slip fees during a meeting July 17. The anticipated hikes have been requested for Fiscal Year 2015 and will be presented to City Council during the budget adoption process. The alterations would take effect Oct. 1 of this year. “We are proposing a 3 percent increase for concrete docks, a 3 percent for temporary assignment slips and a 2 percent increase for wood docks,” said Elvira Hallinan, manager of the Marine Bureau. “These rate increases will generate an additional $579,778 for the Marina Enterprise.” The increases will ensure that the Marina Enterprise will cover all the operating costs and debt service, as well as generate extra capital of approximately $2 million that can be reinvested every year into the project, Hallinan said. “As you are aware, due to the financial challenges associated with the Alamitos Bay Marina Rebuild project, the council has already approved a minimum of a 2 percent annual slip fee increase as necessary to complete the project,” she added. City officials plan to resume construction in August after reportedly securing a backer for municipal...