Office of the City Manager INFORMATION CALENDAR May 20, 2008

To: Honorable Mayor and Members of the City Council From: Waterfront Commission Submitted by: Ann Hardinger, Secretary, Waterfront Commission Subject: Deferral of an Annual Increase in Marina Fees

INTRODUCTION As part of its annual review of revenues and expenses at the Berkeley Marina, the Waterfront Commission chose not to recommend an increase in fees at the Berkeley Marina for FY2009 due to problems in the larger economy. The basis for this decision is described below.

CURRENT SITUATION AND ITS EFFECTS This past year, the Waterfront Commission Finance subcommittee and Marina staff worked together to develop a 10 -year analysis of the Marina Fund. The analysis shows that revenues to the Marina Fund are not sufficient to cover expenditures and that within two years (the year 2011), the fund balance will go negative. (See Attachment 1: Marina 10 Year Forecast). Looking towards the future, the Marina Fund must balance the need to raise revenues in order to cover the costs of needed capital outlays, annual operations and maintenance against a declining economic climate and rising vacancy rates at marinas throughout the Bay Area.

One solution to address this problem would be to significantly raise berth fees in the coming years. However, a recent survey of Bay Area marinas conducted by Grand Marina in showed vacancy rate increases throughout the Bay Area. The survey revealed that the 2006 average vacancy rate for all marinas was 19%, and had increased to 26% by 2007. (See Attachment 2: Bay Area Marina Occupancy Survey 2007 – Grand Marina). Much of this trend may be explained by the rising cost of fuel and the recent economic downturn.

The data on vacancy rates at the Berkeley Marina over the last seven months follows this trend. According to the following table, the vacancy rate at the Berkeley Marina has ranged from 9 to 12% over the last 6 months compared to a 4.75% average in 2006:

2180 Milvia Street, Berkeley, CA 94704 ● Tel: (510) 981-7000 ● TDD: (510) 981-6903 ● Fax: (510) 981-7099 E-Mail: [email protected] Website: http://www.ci.berkeley.ca.us/manager

Deferral of an Annual Increase in Marina Fees INFORMATION CALENDAR May 20, 2008

Vacancy Rates 2006 and 2007 Month Vacancy rate Vacancy rate 2007 2006 July 10% 3% August 9% 4% September 9% 5% November 12% 7% December 11% N/A January 12% (2008) 6% (2007)

There are three factors that may explain this vacancy rate increase: a.) In March of 2007, 44 slips were demolished for the H-I Dock Replacement Project, and some berthers relocated to other marinas; b.) In November 2007, the newly-rebuilt H & I dock re-opened with 61 new slips and 26 of them have not been rented to-date (many boaters on the waiting list have told staff they have not purchased a boat as planned); and c.) Recent problems in the economy (e.g., rising fuel and mortgage costs, etc.) may be reducing the demand for boat slips.

In general, Marinas set berth rates based on market demand. The goal is to be competitive in pricing yet cover the costs associated with operating a marina. Over the past ten years, as per the table below, the City has approved annual fee increases of just over 5% in order to keep up with operating expenses, and to ensure that we met our loan requirement to the Department of Boating and Waterways by maintaining a 2% reserve in the Marina fund. The current berth rates at the Berkeley Marina are slightly above the average for all marinas in the Bay Area (Attachment 3: Bay Area Marina Rate Survey). City Council adopted the most recent 5% fee increase on July 10, 2007(Resolution 63,777–N.S.)

As shown in the table below, while berth rates have increased over 4.5% percent per year over the last eleven years, vacancy rates only recently began climbing upwards from 2.0 percent in 2003 to 10.5 percent in 2008.

Year Base Rate Vacancy Increase Rate 1998 5.8% 4.6% 1999 0 3.0% 2000 3.5% 6.0% 2001 5.0% 2.5% 2002 2.0% 2.5% 2003 3.0% 2.0% 2004 4.0% 2.5% 2005 7.5 3.0% 2006 12.0% 4.3% 2007 5.0% 9.4% 2008 5.0% 10.5%

Page 2 Deferral of an Annual Increase in Marina Fees INFORMATION CALENDAR May 20, 2008

Conclusion The Berkeley Marina faces the problems of an aging infrastructure coupled with rising operating expenses. However, current information about marinas in the Bay Area suggests that increasing rates at the Berkeley Marina at this time will not result in corresponding increases in revenues. Since the City is about to hire a new Waterfront Manager, we ask that the question of rate increases be deferred until that person has a chance to examine the Marina’s fiscal condition. That investigation needs to include consideration of the possible need to dredge some areas of the Marina, the full scope of the capital improvements that are needed, and ways to decrease expenses. We understand that the result of that investigation may well include rate increases, but the Marina cannot rely solely on berthing fees to generate revenue. There must be a comprehensive approach to revenue generation that sustains the operation of the Berkeley Marina in a financially sound manner.

FISCAL IMPACTS: The Berkeley Marina will experience the following significant capital expenses from FY2007 through FY2010:

1. In 2007, the City spent $4.3 million to reconstruct H and I dock, which was comprised of $3.6 million from the DBW loan and $710,000 from the Marina fund (the house boat portion of the project that was ineligible for the DBW loan funds). The debt service in 2007 on $3.6 million of the DBW loan was $277,000 and charged to the Marina Fund. Combining these two major expenditures to the Marina Fund ($710,000 and $277,000) resulted in a cost to the Marina Fund balance of approximately $1 million, thereby reducing the Fund balance from $2.8 million to $1.7 million. 2. In FY 2009, the A through C Dock Replacement Project will draw down the remaining $6 million in the DBAW loan. This will result in a new total annual debt service charge to the Marina Fund balance of $630,000 each year for the next 29 years. 3. Due to critical dock repair needs, the regular annual capital replacement projects for dock pilings and float replacements has been increased in FY 2008 from $235,000 to $435,000 for the next two fiscal years. 4. Starting in the year 2011, the City anticipates spending approximately $1 million for essential dredging at the Berkeley Marina.

The impact of these capital outlays will be to reduce the balance of the Marina Fund, currently at $2.8 million, to a negative balance by Fiscal year 2013.

BACKGROUND The Marina Enterprise Fund does not receive revenue from the City’s General Fund, and therefore it must be self-funded through revenues from berth fees and leases. This revenue covers all expenses at the Marina, including operations, capital improvements, and Nature Center educational programs. At over forty years old, the present condition of the docks at the Marina is very poor – ten years past their expected life span. In anticipation of major dock replacement projects, the Marina has begun to modestly

Page 3 Deferral of an Annual Increase in Marina Fees INFORMATION CALENDAR May 20, 2008

increase its fees over the past ten years, but cannot price itself out of the Bay Area berth market.

Waterfront Commission At its meeting of April 9, 2008 the Waterfront Commission M/S/C (McGrath/Beier) voted to defer a Marina fee increase due to fiscal concern that market increases in rates will cause negative cash flow which makes revenue increases ineffective (Ayes: Catalfo, Barry, Smith, Harrison; Noe’s: none; Commissioners Kamen & Leary recused because they have boats in the Berkeley Marina).

POSSIBLE FUTURE ACTION Below is a working plan to meet the Marina Master Plan objectives, and potentially increase revenues.

A) Revenues 1. Maximize lease revenues at the Berkeley Marina during lease renewals; 2. Consider Progressive rate structure instead of 5% monthly berth fee increase; 3. Increase the marketing of live-aboard vacancies; 4. Increase Public Lien Sale Auctions of abandoned boats; 5. Plan for potential berth fee increases in FY2010 and 2011; 6. Continue to apply for various grant opportunities for Marina funding assistance; 7. Request support from the City’s General Fund for special events (e.g., July 4th Celebration); 8. Request support from the Department of Public Works for paving & Street repair costs. B) Expenses 1. Review and prioritize capital expenditures (Dock repair & replacements, piling replacements, restroom replacements, pathways and parking repaving, and dredging); 2. Review funding support of Shorebird Nature Center; 3. Review staff expenses and associated levels of service; 4. Investigate potential savings by privatizing the Marina.

FISCAL IMPACTS OF POSSIBLE FUTURE ACTION To be determined.

CONTACT PERSON: Ann Hardinger, Acting Waterfront Manager, 981-6737

Attachments: 1: Marina Fund Ten- Year Forecast – No Increase 2. Bay Area Marina Occupancy Survey 2007 – Grand Marina 3. Bay Area Marina Rate Survey

Page 4 MARINA 10 YEAR FORECAST WITH NO INCREASE FOR FY 09

FY 2006 FY 2007 FY 2008 FY 2008 FY 2008 FY 2008 FY 2009 FY 2009 FY 2010 FY 2011 FY 2012 FY 2013 FY 2014 FY 2015 FY 2016 FY 2017 ADOPT ADJUSTE PROJECTE PROJEC PROJEC PROJECT PROJECT PROJECT PROJECTE PROJECTE PROJECTE ACTUALS ACTUALS ED D YTD D ADOPTED TED TED ED ED ED D D D PROJECTED

BEGINNING GROSS 1,653,038 2,111,706 2,826,208 2,826,208 2,826,208 2,826,208 1,553,344 1,553,344 719,996 (109,206) (1,238,115) (2,040,196) (2,689,396) (3,458,904) (4,177,951) (5,013,116) FUND BALANCE REVENUE Berth Rentals 2,815,373 2,879,568 3,192,520 3,192,520 1,881,952 2,907,432 3,352,146 2,803,432 2,943,603 2,943,603 3,090,783 3,090,783 3,245,322 3,245,322 3,407,588 3,407,588 Live Aboard Fees 13,601 20,300 104,400 109,620 109,620 115,101 120,856 126,899 133,244 139,906 146,901 Launching Ramp 24,195 23,513 25,170 25,170 5,977 8,921 25,422 23,513 24,689 24,689 25,923 27,220 28,581 30,010 31,510 33,086 Locker Rentals 23,305 19,712 24,244 24,244 11,942 17,824 24,487 17,824 18,715 18,715 19,651 20,633 21,665 22,748 23,886 25,080 Dry Storage 62,027 65,330 64,527 64,527 38,814 57,931 65,172 57,931 60,828 60,828 63,869 67,063 70,416 73,937 77,634 81,515 Charter Boat Fees 12,114 6,195 12,602 12,602 6,817 10,175 12,728 10,175 10,684 10,684 11,218 11,779 12,368 12,986 13,636 14,318 Miscellaneous 9,935 8,116 10,603 10,603 10,981 10,981 10,709 10,981 11,530 11,530 12,107 12,712 13,347 14,015 14,716 15,451 Marina Operations 47,917 64,371 52,828 52,828 31,509 47,028 55,470 47,028 49,379 49,379 51,848 54,440 57,162 60,020 63,022 66,173 Marina Leases 1,114,636 1,248,715 1,280,908 1,280,908 1,073,474 1,281,177 1,319,335 1,281,177 1,293,988 1,293,988 1,306,928 1,346,136 1,359,597 1,400,385 1,414,389 1,456,821 Recreation and events 42,136 44,808 56,800 56,800 23,075 34,440 56,800 34,440 36,162 36,162 37,970 39,869 41,862 43,955 46,153 48,461 Donations 956 0 Interest 84,087 124,587 8,481 8,481 80,110 84,673 860 46,600 46,033 0 0 0 0 0 0 0

TOTAL REVENUE 4,236,681 4,484,915 4,728,683 4,728,683 3,178,252 4,480,881 4,923,129 4,437,501 4,605,231 4,559,198 4,735,398 4,791,490 4,977,220 5,036,622 5,232,438 5,295,393

EXPENSES Personnel 2,464,724 2,361,324 2,526,114 2,526,114 1,559,850 2,526,114 2,733,710 2,733,710 2,815,721 2,900,193 2,987,199 3,076,815 3,169,119 3,264,193 3,362,118 3,462,982 Non-Personnel 1,208,372 1,063,068 1,224,995 1,473,152 766,076 1,473,152 1,319,583 1,319,583 1,332,779 1,346,107 1,359,568 1,373,163 1,386,895 1,400,764 1,414,772 1,428,919 Capital Improvement 104,913 183,626 426,843 1,154,479 536,255 1,154,479 426,843 426,843 495,220 651,094 400,000 200,000 400,000 300,000 500,000 200,000 Debt Service (85-21-99 ends 2016) 0 160,713 160,713 160,713 160,713 160,713 160,713 160,713 160,713 160,713 160,713 160,713 160,713 160,713 160,713 Debt Service (01-102- 307) 162,388 439,287 439,287 16,393 439,287 630,000 630,000 630,000 630,000 630,000 630,000 630,000 630,000 630,000 630,000 TOTAL EXPENSES 3,778,009 3,770,406 4,777,952 5,753,745 3,039,287 5,753,745 5,270,849 5,270,849 5,434,433 5,688,107 5,537,479 5,440,691 5,746,727 5,755,670 6,067,603 5,882,614

SURPLUS/ 458,672 714,509 (49,269)(1,025,062) 138,965 (1,272,864) (347,720) (833,348) (829,202) (1,128,909) (802,081) (649,201) (769,508) (719,047) (835,165) (587,222) SHORTFALL

ENDING GROSS 2,111,710 2,826,215 2,776,939 1,801,146 2,965,173 1,553,344 1,205,625 719,996 (109,206) (1,238,115) (2,040,196) (2,689,396) (3,458,904) (4,177,951) (5,013,116) (5,600,338) FUND BALANCE

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INCLUDED IN FUND

BALANCE Marina CIP Committed Reserve 150,000 150,000 150,000 150,000 150,000 150,000 150,000 150,000 150,000 150,000 150,000 150,000 150,000 150,000 Annual Allocation Cummulative Total for Committed CIP 150,000 150,000 150,000 150,000 300,000 300,000 450,000 600,000 750,000 900,000 1,050,000 1,200,000 1,350,000 1,500,000 Reserve

PROJECTED UNCOMMITTED 2,626,939 1,651,146 2,815,173 1,403,344 905,625 419,996 (559,206) (1,838,115) (2,790,196) (3,589,396) (4,508,904) (5,377,951) (6,363,116) (7,100,338) FUND BALANCE

REVENUES:

5% increase in Berth Rentals and Recreation every other year with a 10% vacancy starting 2010. 1% annual increase in Marina Leases every other year Interest is calculated at 3%

EXPENDIUTRES

3% annual COLA increase 1% annual increase in Non-Pesonnel $160713 annual payment for Loan 85-21-99 ends FY 2016 $630k annual payment for Loan 01-102-307 $150k for CIP Reserve Annual Allocation totalling to $1,500,000

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Attachment 2

2007 Occupied Berths ALAMEDA/ Total Berths Dec-07 Dec-06 Dec-05 Dec-04 Dec-03 Dec-02 Dec-01 Dec-00 Dec-99 Dec-98 Dec-97 Dec-96 Almar Marinas (Previously )* 434 346 339 434 438 514 465 - Central Basin 158 142 N/A 142 135 - Jack London Square 162 121 N/A 121 72 - North Basins 1 & 2 109 87 N/A 87 104 - Union Point Basin 92 60 N/A 60 93 Total Almar Marina Slips 517 335 410 - 410 404 434 346 339 434 438 514 465 Alameda Marina 530 505 510 506 510 510 517 520 520 517 509 510 505 Marina Village Yacht Harbor 750 734 750 735 750 746 728 728 725 731 735 713 713 Barnhill Marina 52 52 62 42 62 62 62 62 62 62 62 62 62 Fortman Marina 486 387 399 393 399 398 436 429 406 402 435 407 398 Fifth Avenue 99 94 101 94 N/A 105 107 102 90 86 107 107 Grand Marina 400 390 380 392 380 381 380 406 389 390 388 381 376 Mariner Square 50 50 50 49 50 49 34 69 66 62 66 57 Oakland Yacht Club 218 186 195 197 195 213 219 225 221 221 205 207 204 Park Street Landing 25 23 25 18 25 24 26 26 26 24 23 19 21 Total Numbers / Current Occupied Berths / Past Years 3,127 2,327 2,875 2,433 2,875 2,946 3,129 3,246 3,251 3,152 3,278 3,239 3,226

Adj Total Number of Berths for Year Participating 3,127 3,228 3,228 3,228 3,248 PERCENT OCCUPIED 74% 89% 75% 89% 91% 90% 93% 90% 91% 92% 90% 90% CHANGE IN NUMBER OF BERTHS OCCUPIED 548 101 (442) 442 (183) (117) (5) (7) (20) 39 13 (58) *Almar Marina's show 521 slips last year

2007 Occupied Berths ALAMEDA ISLAND Total Berths Dec-07 Dec-06 Dec-05 Dec-04 Dec-03 Dec-02 Dec-01 Dec-00 Dec-99 Dec-98 Dec-97 Dec-96 Aeolean Yacht Club* 100 90 104 100 104 96 99 103 104 104 104 104 104 Ballena Isle Marina 504 319 371 351 371 401 427 450 421 434 419 430 405 Total Numbers / Current Occupied Berths / Past Years 604 409 475 451 475 497 526 553 525 538 718 713 632

Adj Total Number of Berths for Year Participating 604 605 605 Page 3

PERCENT OCCUPIED 68% 79% 82% 79% 82% 117% 61% 72% 88% 83% 80% 88% CHANGE IN NUMBER OF BERTHS OCCUPIED 66 (22) (24) (22) (29) (27) 28 21 46 5 81 85 *Aeolian shows 104 last year

2007 Occupied Berths BERKELEY/EMERYVILLE Total Berths Dec-07 Dec-06 Dec-05 Dec-04 Dec-03 Dec-02 Dec-01 Dec-00 Dec-99 Dec-98 Dec-97 Dec-96 Berkeley Marine Center (OCSC) 64 64 60 60 60 60 60 60 64 60 58 52 46 Berkeley Marina* 1,103 977 1,038 1,052 1,038 1,030 981 908 979 928 899 920 900 Emery Cove Marina 430 428 430 426 430 430 402 409 405 410 421 423 398 Emeryville Marina** 405 388 280 275 280 N/A 323 325 289 304 320 286 283 Total Numbers / Current Occupied Berths / Past Years 2,002 1,857 1,808 1,813 1,808 1,520 1,766 1,702 1,737 1,702 1,698 1,681 1,627

Adj Total Number of Berths for Year Participating 2,002 1,950 1,985 1,950 1,550 PERCENT OCCUPIED 93% 93% 91% 93% 98% 90% 89% 92% 89% 93% 89% 86% CHANGE IN NUMBER OF BERTHS OCCUPIED (49) (5) 5 288 (246) 64 (35) 35 4 17 54 32 *Berkeley Marina 1048 slips last year - removed old rotten docks replaced with new concrete 40'-60' **Emeryville shows 411 slips last year

2007 Occupied Berths Total Berths Dec-07 Dec-06 Dec-05 Dec-04 Dec-03 Dec-02 Dec-01 Dec-00 Dec-99 Dec-98 Dec-97 Dec-96 San Leandro Marina* 462 231 332 281 332 341 370 419 382 352 315 300 319 Adj Total Number of Berths for Year Participating 231 455 455 PERCENT OCCUPIED 50% 73% 75% 73% 75% 81% 92% 84% 77% 63% 66% 70% CHANGE IN NUMBER OF BERTHS OCCUPIED 224 224 (51) (9) (29) (49) 37 30 37 15 (19) (26) *Last year SL Marina shows 465 slips 2007 Occupied Berths RICHMOND AREA Total Berths Dec-07 Dec-06 Dec-05 Dec-02 Dec-01 Dec-00 Dec-99 Dec-98 Dec-97 Dec-96 Brickyard Cove 250 250 250 250 250 250 250 250 250 250 250 250 250 Channel Marina* 70 60 70 60 70 N/A 65 69 67 71 55 59 57 Richmond Yacht Club 260 255 255 255 255 255 255 255 254 255 255 255 255 Point San Pablo Yacht Harbor 212 98 106 129 106 111 113 107 122 135 140 143 140 Marina Bay Yacht Harbor** 850 680 744 701 744 713 650 603 551 490 462 427 373 Total Numbers / Current Occupied Berths / Past Years 1,642 1,343 1,425 1,395 1,425 1,330 1,344 1,296 1,259 1,222 1,185 1,144 1,092 Page 4

Adj Total Number of Berths for Year Participating 1,642 1,639 1,639 1,639 1,610 PERCENT OCCUPIED 82% 87% 85% 87% 83% 80% 76% 75% 77% 74% 71% 70% CHANGE IN NUMBER OF BERTHS OCCUPIED 82 30 (30) 95 (14) 48 37 37 37 41 52 (26) *Channel Marina had 77 slips last year **MBYH had 845 slips last year 2007 Occupied Berths SAN FRANCISCO Total Berths Dec-07 Dec-06 Dec-05 Dec-04 Dec-03 Dec-02 Dec-01 Dec-00 Dec-99 Dec-98 Dec-97 Dec-96 305 262 262 279 295 304 295 248 279 282 303 281 SF Municipal Marina* 657 630 618 618 695 695 655 668 656 661 669 671 681 South Beach Harbor 700 700 693 693 700 700 695 695 696 695 700 700 700 Treasure Island** 104 98 86 86 99 103 103 101 102 77 77 79 103 Total Numbers / Current Occupied Berths / Past Years 1,766 1,428 1,659 1,659 1,773 1,793 1,757 1,759 1,702 1,712 1,728 1,753 1,765

Adj Total Number of Berths for Year Participating 1,766 1,758 1,758 1,822 PERCENT OCCUPIED 81% 94% 94% 97% 98% 96% 98% 95% 95% 96% 98% 98% CHANGE IN NUMBER OF BERTHS OCCUPIED - (114) (20) 36 (2) 57 (10) (16) (24) (12) 34 *SF Marina demo'd approx. 11 slips **TI shows 96 slips last year

2007 Occupied Berths SOUTH SAN FRANCISCO Total Berths Dec-07 Dec-06 Dec-05 Dec-04 Dec-03 Dec-02 Dec-01 Dec-00 Dec-99 Dec-98 Dec-97 Dec-96 Brisbane 580 494 510 510 543 465 484 484 485 450 456 456 400 Oyster Point Marina 589 330 324 324 360 240 462 492 458 435 432 380 369 Oyster Cove 230 212 217 217 230 227 240 240 237 237 240 232 225 Total Numbers / Current Occupied Berths / Past Years 1,399 1,036 1,051 1,051 1,133 932 1,186 1,216 1,180 1,122 1,128 1,068 994

Adj Total Number of Berths for Year Participating 1,399 1,399 1,399 1,410 PERCENT OCCUPIED 74% 75% 75% 80% 90% 84% 86% 86% 80% 80% 76% 70% CHANGE IN NUMBER OF BERTHS OCCUPIED - - (82) 201 (254) (30) 36 58 (6) 60 74 6

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2007 Occupied Berths SUISUN/DELTA AREA Total Berths Dec-07 Dec-06 Dec-05 Dec-04 Dec-03 Dec-02 Dec-01 Dec-00 Dec-99 Dec-98 Dec-97 Dec-96 Antioch 310 248 253 253 254 254 228 222 208 186 186 188 197 Benicia* 300 297 300 300 320 315 320 323 320 323 311 300 301 Cruiser Haven 146 107 107 84 97 87 76 80 101 Discovery Bay Yacht Harbor** 266 255 254 254 257 N/A 253 239 250 261 255 227 257 Driftwood 212 176 185 185 191 N/A 205 203 201 188 Glen Cove 217 167 147 147 140 146 160 144 146 130 133 128 Holland Riverside Marina 227 124 141 141 131 146 131 113 115 124 Martinez 270 210 210 210 221 220 250 264 209 232 240 218 255 Napa Valley Marina*** 200 178 160 160 170 200 222 211 200 137 Petaluma Marina 196 97 83 83 172 212 196 185 185 160 Port Sonoma 200 180 43 New Bridge Marina 525 450 450 94 89 80 96 94 107 Pittsburg Marina**** 600 500 43 43 490 380 479 502 425 382 Suisun Marina 155 151 147 147 150 148 152 150 147 143 Vallejo 727 460 554 554 478 472 502 518 536 493 625 543 Vallejo Yacht Club 134 120 119 119 134 119 124 124 132 132 132 132 Total Numbers / Current Occupied Berths / Past Years 4,685 3,163 3,196 3,153 3,286 2,798 3,389 3,370 3,248 1,415 2,776 1,883 1,853

Adj Total Number of Berths for Year Participating 4,685 3,894 3,894 4,165 3,691 PERCENT OCCUPIED 68% 82% 81% 79% 76% #REF! 62% 67% 30% 59% 40% 40% CHANGE IN NUMBER OF BERTHS OCCUPIED (791) 43 (133) 488 (591) 19 122 1,856 N/C 893 3 (160)

* Benicia Marina to demo 30 - 30' berths. Adding 10 - 55' berths **DBYH shows 260 slips last year ***Napa Valley Marina reconfigured 8 20' slips to one long side tie **** Pittsburg Marina added 66 new larger sized berths

TOTAL BERTHS IN SURVEY / TOTAL OCCUPIED BERTHS 15,687 11,794 12,821 12,157 13,467 13,561 13,537 11,547 11,961 11,709 11,482

Chose not to participate

Page 6 Attachment 3

Berth Rates for Area Marinas - February 2008

Antioch Marina $5.50 Pittsburg Marina $5.52 Port Sonoma Marina $5.84 Brisbane Marina $5.90 Fifth Avenue Marina $6.00 Coyote Point Marina $6.19 Pt. San Pablo $6.33 New Bridge Marina $6.55 Redwood City Yacht Harbor $6.56 Pete's Harbor $6.62 San Leandro Marina $6.65 Fortman Marina $6.65 Grand Marina $6.70 Channel Marina $6.70 Embarcadero Cove $6.74 Marina $6.75 Emeryville City Marina $7.15 Lauritzen Yacht Harbor $7.31 Oyster Point Marina $7.33 Vallejo Marina $7.34 Glen Cove Marina $7.35 San Francisco Marina $7.42 Marina Bay Yacht Harbor $7.50 Union Point Marina $7.50 Brickyard Cove Marina $7.50 Alameda Marina $7.50 Oyster Cove Marina $7.67 Loch Lomond Marina $7.75 Pillar Point Harbor $7.80 Treasure Isle Marina $7.87 South Beach Harbor $7.90 Emery Cove Yacht Harbor $8.00 Berkeley Marina $8.19 Delta Marina $8.25 Jack London Square Marina $8.37 Marina Village Yacht Harbor $8.50 Pier 39 $9.03 Ballena Isle Marina $9.13 Benicia Marina $10.01 Marina $10.25 Clipper Yacht Marina $11.57

$- $2.00 $4.00 $6.00 $8.00 $10.00 $12.00 $14.00

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