Posted by who pays, a resident of another community, on Jul 17, 2012 at 12:39 pm
$13.9M to support one visit a week (74 last year compared to 2,121 at the Port of Oakland, though Oakland is a container port and RC is for bulk goods). With muni bonds at about 4%, that would be about $550K a year financing costs, or $10K a week as a rough estimate, plus operating costs. Any idea:
1) what revenues result from a ship visit, and who receives them?
Posted by neighbor, a resident of another community, on Jul 17, 2012 at 7:20 pm
This project is going to happen -- it starts next month. I think it's great that the harbor area will get fixed up. I hope that the long-hoped-for RWC-SF ferry will be implemented and that a redesigned saltworks development gets started soon too.