NCMM-Response-to-the-BPCA-RFP-Marina-Operator

B-3. Preliminary Financing Plan
The Preliminary Financing Plan shall include the following:
A. An estimate of total development/improvement costs, including
specific cost breakdown;
I would like to express our
support to the outstanding job
that the Commodore Michael
Fortenbaugh and his team have
done in managing this facility.
Over the years I have taken
many “New York Sailors” out in
the harbor with me, musicians,
actors, contractors, Wall Street
workers, social workers,
physicians, lawyers, professors,
police officers, artists, students
and many others. I have
witnessed each and every time
a great joy in each of them to
feel they are given the
opportunity to be part of
something very special
. - Bertand Saliba
Over the past 10 years, we have invested approximately $930,000 into
North Cove. The marina is now running in excellent condition and has
been a successful business for many years with positive cash flow.
Because we have already invested in the equipment we needed to run
the marina successfully, no significant additional improvements are
needed at this time. The primary mission of the marina manager will be
to maintain the existing equipment.
For specific items mentioned within this RFP, we provide these details:
If we replace the fendering along the marina entrance, we will provide
our own labor to keep our staff employed during the slow season. The
cost of materials is expected to be $20,000.
If we are given permission to remove excess mechanical equipment from
the electrical vaults, we will supply our own labor and the cost to hire a
certified technician to remove any refrigerant is negligible.
We already pull up and inspect the chains each year.
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