Port News
Posted March 7, 2014 at 12:05 pm by Tim Dustrude
Insurance Settlement for the SSL Building
The Friday Harbor Port Commissioners are pleased to announce that they have arrived at a settlement with the Port’s insurance companies regarding losses from the fire that destroyed the Spring Street Landing building and Downrigger’s Restaurant. The settlement is in the amount of $2.635 million.
The Port is insured by Enduris, a risk-sharing pool for public entities in Washington, and by Lexington Insurance Company. The August fire destroyed a building that had been constructed and improved over many years in various stages and the loss required a detailed analysis of the structure in order to properly evaluate the loss.
The Commission will continue the discussion of a new building design at a special meeting on Tuesday, March 11th at 7:00 pm at the San Juan Island Yacht Club.
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Guest Moorage Promotion
The Port of Friday Harbor offers guest marina customers a promotion intended to increase the number of returning boaters to Friday Harbor. If a customer pays for four nights of moorage, they will receive a fifth night free, similar to a coffee punch card. Visitors can use their free boat nights from September through June encouraging boaters to visit Friday Harbor during the shoulder season.
In 2013 the success of this promotion was substantial—the Port issued 367 free nights of moorage. According to professional survey consultants, the average boater spends between $100 to $200 each day at local establishments. During the slow season when boaters redeem their free night of moorage this results in $36,700 to $73,400 of revenue to the island economy.
Commissioner Barbara Marrett stated “The Port’s mission is economic development and this is something the Port does for the Town.” 2014 will be the fourth consecutive year the Port will offer this popular boater promotion.
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