Kingston Yacht Club - Harbour Redevlopment - Town Hall - 2016-02-27

1. Harbour Redevelopment
Town Hall
Status Update
Feb 27th, 2016
(updated: Mar 3rd, 2016)

2. Introduction
2015-16 Activities
Spring 2017
Review of 2013 Plan
Progress and Status
of 2017 Plan
Mooring Allocations
Feedback and Follow-up
2016 Membership Drive
Agenda

3. Harbour redevelopment committee
Project planning with Flags
Funding models and rationale
Liaison with engineering and permitting
2015-16 Activities

4. 2015-16 Activities
Consideration of
necessary
remediation
 Decision-making
 Condition report
 Timing and forward
planning

5. Spring 2016: 4 new finger docks
8 Moorings
Thousand Islands Marine
Funding
Project cost $30,000
6.8 year payback
2015-16 Activities

6. 2016 Fingers

7. Toward Spring 2017
Original 2013 Plan

8. Original Proposal: Layout

9. Provide additional moorings in order to attract new
members
 Boat owning members are generally bigger users of the club
 Provides an avenue for membership growth that is currently
limited by the current harbour size (and quality)
Provide upgraded and competitive facilities to all
members (new and existing)
 We are losing members because of the quality of our mooring
facilities
 People are choosing not to consider KYC and an option because of
the facilities.
Original Proposal: Parameters

10. The membership authorizes the Board to proceed
with the harbour redevelopment project as presented,
with the following conditions:
That the following matters need to be considered
and reported back to the membership for approval:
 That mooring fees be based on a per foot fee structure
 That the maximum total project expenditure will be capped at $1.6 million dollars.
This amount to be comprised of:
 Existing Club capital funds
 A bank loan not to exceed $1.37 million
 Funds resulting from a Refundable Dock Deposit
Original Proposal: SGM Motion
(May 15th, 2013)

11.  New Project Cost: ~$2.5M !
 Committee Prepared & Submitted Loan Application to
Infrastructure Ontario
 We were turned down (February 2014)
 How do we proceed?
 Regroup & rethink
Original Proposal: Too Expensive!

12.  Harbour redevelopment committee exploration of more
cost-effective alternatives
 Original Plan “required” a significant amount
remediation: could we do less initially?
A New Plan

13. A New Plan: Defer Some
Remediation?
 Original Plan required the
following remediation:
 Repair and alteration of the
east end of breakwater.
 Significant shortening and
repair of the centre pier
Could we devise a layout that
doesn’t need as much initial
remediation?

14.  In comparison to Original Plan
 Sacrifice east/west finger dock orientation
 Less protection from easterly winds/waves.
 Maintain, but extend current centre dock layout
 Consider reusing existing centre dock and fingers
 Reuse T-dock with alterations
 Limited remediation would be only to the eastern end of the
breakwall
Current Proposal

15. Current Proposal: Layout

16. Current Proposal: Slip Counts
2015 2016 r 2017 r
Med 50 41 -9 38 -3
Finger 16 24 8 54 30
Side 6 6 0 6 0
Total 72 71 -1 98 27
Slip Counts

17. What can we afford?
 Use the slip counts for revenue prediction
 Refundable Mooring Deposit: ~$100K
 Club Funds: $50K
 Loan:$750K
Total Project: ~$1M
Current Proposal

18.  Working with updated engineering estimates
 Range: $900K - $1,100K
 Includes
 Contingency
 New Dock & Attenuator
 Upgraded/Extended centre dock electrical
 JS Dock alterations
 Some remediation to east end of outer breakwall
Current Proposal

19. Raising capital
 2013 proposal applied only to new finger dock holders
Originally proposed at ~$53/foot
 Current proposal
Applies to all boats with wet moorings: one time
$35-45/foot
Payable upon taking slip
Refundable when you leave and slip is filled
Difference required/refunding upon changing boat length
Refundable Mooring Deposit (RMD)

20. Cost neutral conversion of the “Finger Dock
Premium” to a per foot charge
30’ minimum for finger docks
No planned change of “per foot” rates other than
cost of living increases
Harbour Fees

21. Sufficient attenuation to protect harbour
 Wave Study
 Wave Sensor Data collection
Junior Sailing access and usability
Swimming and recreational water access
Able Sail access
Harbour Requirements

22. Current Proposal: Layout

23. Current Proposal: Layout

24. Project is breakeven at $1.1 million if full
The model is conservative
Several financial risk mitigation strategies are being
evaluated:
 Investigation of current membership to identify demand from
current members complete
 Marketing programme being developed for new members
Current Proposal: Financial Model

25.  Does it fit with the 2017 Plan?
 Survey results indicate we should:
 Maintain about 18 med moorings in the outer basin
 Remainder as finger docks
 Proposed 2016 Fingers when combined with the 2017
Plan:
 Results in 18 - 20 med moorings
 It is well matched and compatible!
Fingers for 2016: Looking to 2017?

26.  Refine cost estimates
 Refine financial model
 Member consultation and feedback
 Final engineering and RFP preparation
 Board approval to move ahead
 Issuing RFP & selecting vendors
 Marketing & Recruiting
 Bank approval
 Final Board approval
 Approvals and Permits
Next Steps?

27. Mooring Allocations 2016 and
beyond

28. Ongoing Feedback Options
• E-mail: harbourquestions@kingstonyachtclub.ca
• Web: www.kingstonyachtclub.ca/newharbour
• Proposed 2017 Layout
• Layout Posted at Clubhouse
• Questionnaire and input form at the bar
• Electronic Survey?
Getting your input!

29. MARCH MADNESS!
2016 Membership Drive

30. KYC – MORE THAN A YACHT
CLUB

31. KYC MARCH MADNESS
1. Bring in a new member: one membership purchased
2. Your name entered in a draw for a free membership
in 2017
3. Draw at 2017 Annual General Meeting
Target: 16 new associate members & 4 full members