Read the full story here Web Link posted Monday, July 16, 2012, 9:03 PM
Town Square
New wharves, promenade planned for port
Original post made on Jul 17, 2012
Read the full story here Web Link posted Monday, July 16, 2012, 9:03 PM
Comments (4)
Posted by who pays
a resident of another community
on Jul 17, 2012 at 12:39 pm
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?
2) who is paying for this upgrade?
Posted by john
a resident of Woodside: other
on Jul 17, 2012 at 4:40 pm
a resident of Woodside: other
on Jul 17, 2012 at 4:40 pm
With global warming expected in increase the sea level 1Meter by 2100, please plan for that in the port's modernization plans. I like this idea.
Posted by neighbor
a resident of another community
on Jul 17, 2012 at 7:20 pm
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.
Posted by port observer
a resident of Portola Valley: Ladera
on Jul 23, 2012 at 10:24 am
a resident of Portola Valley: Ladera
on Jul 23, 2012 at 10:24 am
sounds like a good deal when you compare it to the 35 million for the South San Francisco Ferry terminal that serves less than 300 people per day.
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