At a recent Port of Olympia commission meeting for discussion on the proposed fuel dock addition, I asked the port CPA, Jeff Smith, if his model of proposed usage would satisfy any shortfall in operating costs, because my model did show a shortfall. Further, I asked if a shortfall occurred, would a tenant rate increase be implemented to cover it. He assured me, and the gallery attending, that “under no circumstances” would a rate increase be used and no increase was planned currently.
At the Nov. 25 commission meeting, they approved an increase in permanent moorage rates charged at Swantown Marina. Did somebody forget to inform Smith or is this now the port’s policy of conduct? What justification did the port use for another increase in tenant rates? Why not be up front about it a month ago?