Marina slip renewal deadlines to see changes

March 28, 2018
For immediate release

Marina slip renewal deadlines to see changes

Cold Lake, AB – Marina slip holders will be seeing some changes in the renewal deadlines.

“Council debated the best way to make things fair, and the best deadline for renewals,” said Mayor Craig Copeland. “In the end, we decided to allow for a short grace period that will be accompanied with a surcharge. The idea is to incentivize prompt payment while also allowing for a measure of flexibility.”

For the 2018 season, a grace period will extend to April 15, 2018. The grace period will come with a surcharge of 15 per cent of the value of the slip. The 2018 deadline for slip renewal was March 15.

In future years, the deadline for slip renewals will be April 1 with a grace period accompanied by a 15 per cent surcharge extending to April 15. Slips not renewed by that time will immediately be offered to the next people on the waiting list.

“There are circumstances that come up, and people sometimes miss the deadline. This way there is still a penalty for not paying on time, but if a person had an emergency and missed their renewal, they still have a chance,” said Copeland. “We needed a date that gives staff a chance to reach out to slip holders to make sure they do not want to renew, but still leaves enough time to fill vacancies from the waiting list and organize the marina to open for the boating season.”

The Cold Lake Marina operations are contracted out, but the waiting list and renewals are handled by city staff out of the Cold Lake Energy Centre. Demand at the Cold Lake Marina has remained strong over the years.

“Renting a slip is an expensive commitment to make early if you’re not sure about the boating season, but at the same time slips at the marina are a hot commodity,” Copeland said. “We feel this new arrangement strikes the right balance for current slip holders who are thinking about renewing and for people on the waiting list who want to know if they’ve got a spot.”

The current waiting list is about 200 people long.


Wednesday, March 28, 2018