Marina CCO proposal Debate

Economic Benefits - Productivity

Option 2

Residents supporting Option 2 appreciate the potential for streamlined operations and more efficient decision-making processes at the Marina, which they believe could lead to quicker and more effective implementation of changes. They argue that transferring the Marina's debt to the Asset-Owning CCO is advantageous, as the Marina's stable profits could enable it to manage and pay off this debt more efficiently than the Council. Additionally, there is a strong desire for assurances that the Marina will remain under council ownership, preventing any future sale of the asset.

Table of comments:

Point No Comment
894.4 support streamlining the marina operations and giving them the debt as they do make enough stable profit and are able to pay it off sooner than the council probably could. But, definitely think it needs to be a clear part of the proposal that it will forever remain in council ownership and is not up for selling
1018.4 When you look at the speed and efficiency that changes are being made in this operation - take note - this is a good model.