Wednesday, January 12, 2011

Operation Of Marina At Lemon Creek Park Awarded

The Parks Department has awarded a concession for the renovation, operation and maintenance of the marina at Lemon Creek Park in Staten Island according to a notice published in the City Record on December 22, 2010. The concession has been awarded to Princess Bay Boatmen’s Association, Inc., whose address is 175 Johnson Terrace, Staten Island, NY 10309. The concession, which was solicited by a Request for Proposals, operates pursuant to a license agreement for one (1) twenty-year term.

Compensation to the City is as follows:
Year 1: $123,389; Year 2: $124,623; Year 3: $125,869; Year 4: $127,127; Year 5: $128,399; Year 6: $129,683; Year 7: $130,975; Year 8: $132,295; Year 9: $133,614; Year 10: $134,946; Year 11: $136,302; Year 12: $137,658; Year 13: $139,038; Year 14: $140,431; Year 15: $141,836; Year 16: $143,253; Year 17: $144,682; Year 18: $146,124; Year 19: $147,590; Year 20: $149,068.

- Geoffrey Croft

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