California to consider marine grant requests - Trade Only Today

California to consider marine grant requests

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The California Boating and Waterways Commission this week will consider $2.39 million in boating facility improvement grants and loans.

The proposed grant and loan recipients include:

* Coyote Point Marina, San Mateo: The commission will consider a $1,966,000 loan to San Mateo County for improvements to Dock 29 of the Coyote Point Marina. The proposed project includes removal of the existing structures and installing new piles, docks, utilities, gangway and a security gate. In February 2008, the commission approved a planning loan in the amount of $218,000 for this project. The total project cost is estimated at $2.18 million.

      * El Dorado Beach Boat Launching Facility, South Lake Tahoe: The commission will consider a final $420,000 grant to the City of South Lake Tahoe for improvements to the El Dorado Beach Boat Launching Facility. The commission has previously approved three grants totaling $1.1 million for improvements at this facility.

      Grant and loan applications are submitted to the California Department of Boating and Waterways and funding for approved projects is derived from the taxes paid by boaters on the purchase of vessel gasoline and the repayment of principal and interest on department-made loans.


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