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HomeMy WebLinkAboutLog160 eNewsletter 3 . 0 e e Page 1 of 5 Josh Peters From: William G. Funke [wgfunke@olypen.com] Sent: Thursday, December 12, 2002 8:44 AM To: AI Scalf Cc: Josh Peters Subject: Fw: Newsletter AI, Hello again. Good to see you yesterday. AI, I must say you look no worse for wear considering this past year. I understand Josh Peters will soon submit his recommendations to you on the Port Ludlow Marina expansion and further that a "modification" of one of the several options may be approved. If a final approved plan is, in fact, a modification, does this open the EIS for further public discussion or comment? In the following (today's) Port Ludlow Bulletin ( Ralph Thomas gone internet) you will find the comments "Reviewing the Marina Lease....." by Randall Shelley shed further light on the Marina operations. I believe Shelley is a retired attorney. Please add his comments to my previous complaints and position that "in addition to not meeting the specific EIS NO no piecemeal requirements of the Port Ludlow MPR Ordinances, PLA's privatizing the Marina justifies terminating this particular Marina EIS process". Mr. Shelley's observations further cloud the Marina Use picture. While the second article by Ron Null in today's Bulletin may only be a political prod at Wendi Wrinkle, it does brings up the matter of the current build out of more Point Ludlow townhouses and whether this development complies with Shoreline requirements. I trust your department in current with this situation. As you will recall, during their many PL Community Hallmark Resort presentations Messrs. Greg McCarry and Mike Derrig, among other promises in exchange for community support in the ordinance development process, stressed their commitment not to build out the platted Marina area townhouses except for the one five-town house unit completed several months ago plus four individual houses to be located west of the marina office. This ORM commitment was also considered during the Port Ludlow Ordinance Mediation process in the calculations for the maximum build out permitted in the Resort Area under the MPR ordinances. Does this disregard of ORM's stated plans for the number of Ludlow Point townhouses to be built change any of the EIS and/or Shoreline requirements? Note: You might also recall David Alverez recommendations to incorporate the many ORM commitments in the Development Agreement Recitals, circumvented by ORM with the help of the "then" Village Council officers. Regards, Bill Funke ----- Original Message ----- From: Port Ludlow Bulletin To: wgfunke@olypen.com Sent: Wednesday, December 11,20026:29 PM Subject: Newsletter I laD r s 12/12/02 . eNe~sle!ter 3 e Date: December 12th, 2002 Port Ludlow Bulletin Reviewing the Marina Lease What Will Be Left of the Marina By Randall Shelley I have come into possession of two leases for the marina, the latter of which will be of interest to the residents of Port Ludlow. My source---well, for now let's just call this person "Deep Keel" (I protect my sources!) On 2/1/87 Pope Resources signed a 30 year lease with the State of Washington at $7,847 per annum, with annual increases, for certain land which the state owned below extreme low tide for use as a marina. The state reserved the right to renegotiate if assigned to a new tenant. On 8/07/01 Randall J. Verrue, on behalf of PLA, signed a twelve year renegotiated replacement lease with the State at $48,610.62 per annum, with yearly increases, for the marina property. There is a tenant option to renew for one additional term of four years at which time the "...rent shall be recalculated..." - whatever that means. This term if exercised will cause the new lease to expire on 8/6/2017 which is roughly when the old lease would have expired, which is known as the "Termination Date". For those of you planning to be alive then, it now gets interesting. Paragraph 7.4 of the new lease provides: "Tenant-Owned Improvements shall be removed by Tenant by the Termination Date unless State notifies Tenant that the Tenant- Owned Improvements may remain..." Improvements are defined in the lease as "...pilings, fuel dock, floats and ramp...". In other words, the State has the option to return the land to its pre-marina state or continue with a marina. (If the latter, then the prior tenant would have a "preference right" to re-lease.) I suspect the State will elect to continue with a marina, but there are no guarantees. The new lease provides that if "Proceedings are commenced by or against Tenant [PLA] under any bankruptcy act..." this can be an "Event of Default" leading to termination of the marina lease. The new lease also provides that all subleases must meet ten specified requirements, designated (a) through (j), if it wishes to sublet all or any part of the marina. These requirements specifically apply to "routine subleasing of moorage slips" which means slip rentals by people like you and me who have boats in the marina. Those requirements include: 12/12/02 tit Page 2 of 5 ~ Contents Reviewing the Marina Lease PLVC Alerted to Shoreline Permit Status I ~ --"'-1 You may use two Email addresses. There is no charge for these bulletins. Forward this letter to a friend Classified Ads are being accepted to off set our costs. Forty words for $5, plus $.15 per word thereafter. Send ad and check to address below. Newer Port Ludlow Townhome available for lease. 2 bedroom 2 1/2 bath, professionally landscaped, appliances, fireplace,entertainment center with bookshelves, light southern exposure, cable and high speed internet available. Conveniently located near town center and marina. Adults, no pets, no smoking. $850 Call Julie 360 437-2400 ...1LiD.".__~_ - -~._- --S-..- . eNewsle~ter 3 e "9.4 (c) The term of the sublease (including any period of time covered by a renewal option) shall end before the Termination Date of the initial Term or any renewal term; 9.4 (d) The sublease shall terminate if this Lease terminates, whether upon expiration of the Term, failure to exercise an option to renew, cancellation by State, surrender or for any other reason; 9.4 (e) The subtenant shall receive and acknowledge receipt of a copy of this Lease; 9.4 (f) The sublease shall prohibit the prepayment to Tenant by the subtenant of more than one month's rent." [This provision is obviously for the protection of the individual slip renter in the event of a bankruptcy of the master tenant, in this case PLA. This requirement was not in the original Pope lease.] The following is a discussion of each point so that you can decide whether PLA has met and is meeting its obligations. Requirement (c) and (d): The "The Club" offered "...guaranteed moorage privileges at the marina for 30 years..." Quite some guarantee when their lease runs out in less than half that time. Requirement (e): PLA never provided me a copy of the "Lease"- though I've had boats in the marina for years. How about you? Requirement (f): For 2002 PLA offered a 6% discount for payment of moorage for the year in advance. Many of us paid in advance because we did not know it is prohibited by the master lease PLA has with the State. By letter dated December 1, 2002 PLA is again offering to give a 6% discount for prepayment for the year 2003. Obviously, PLA violated (past tense) 9.4 (c) and (d) and is (present tense) continuing to violate 9.4 (e) and (f). The consequences are discussed in chapter 14 of the new lease entitled "DEFAULTS AND REMEDIES". These violations mean that PLA is currently in "default" and the State may upon notice "...terminate this Lease and remove Tenant [PLA] by summary proceedings..," if PLA "...fails to cure the default..." What does all this mean? 1. There is no guarantee we will have a marina in 15 years. 2. If the marina goes away, the value of our property will diminish, whether or not we own a boat, since boat owners will have much less interest in buying in our community. 3. If the marina does not go away, it may end up being controlled by an entity which has no other ties to our community. 4. As time passes, the marina will become less valuable to anvone who mav wish to Durchase it from 12/12/02 tit Page 3 of 5 "...__.t~D.--. .....~.._.... ~.~_.- eNewsletter 3 e .-.---.- -- -..,-..- ....- ...-, ..._.. -- .--' -..--- .-.. -... PLA. 5. If PLA sells condominium slips, there is no guarantee a purchaser will have them long no matter what PLA promises or what is paid. 6. Since the master lease prohibits payment of more than one month's rent, if you have already paid, you may wish to ask for 11/12 of your money back and pay by the month. 7. Keep a copy of this article so you can re-read it before you make a decision concerning any future PLA offering like "The Club". 8. If you bought from PLA after it took over and were not advised of the above, you will have to decide whether, from your perspective, there was a failure to disclose a material fact. (The Pope marina lease had different language but some of the same effects.) In light of "The Club" fiasco and now this fiasco the question must be asked, is PLA up to the task of running their operation in conformance with the terms of the various leases and contracts which obligate it and the law of the State of Washington? I'm not ,~f"lc::C?~E<:lg~t:J~~~Y~~I~fv1PT9P.m PLVC Alerted to Shoreline Permit Status Subject: Pope Resources, Shoreline Permit The following letter was sent by Council-member Ron Null to the Port Ludlow Village Council: All PLVC Board Members; I have just had occasion to review the Jefferson County permit issued to Pope Resources on May 11, 1993 ENTITLED; SHORELINE SUBSTANTIAL DEVELOPMENT PERMIT, WASHINGTON STATE SHORELINE MANAGEMENT ACT (RCW 90.58). Such a permit is required for development within a certain distance of the shoreline. This permit was for the development of the Heron Beach Inn, certain residential units, and related facilities. It is issued to Pope Resources but is also binding on any successor in interest (PLA). This permit contains 51 conditions that were/are to be fulfilled. It appears not all of the conditions have been completed. Jefferson County is the enforcing agency I suggest the Village Council Board formally request our new 12/12/02 e Page 4 of 5 m.'..mm.J~,12~m"~~ ."..m~~'..' ~.~_ eNewsletter 3 . . ....' It CommisSioner have the appropriate county staff make a detailed review of which conditions have not been fulfilled, report their findings to her and to us and, of course, follow-up to see that the conditions are completed. Ron Null Tell us what you think. Coldwell Banker and Kathy Larkin (klarkin@olypen.com) are roud to support the Newsletter. e Page 5 of 5 Our Mailing Address: Ralph Thomas 103 Cascade Lane Port Ludlow, WA 98365 To no longer receive information from us click here. or reply to this message with the word unsubscribe as the subject of the message. 12/12/02 ,,~-~,,<~JJ.Q.!2.~._~^.~ --C;;. -~---