TITLE
Recommendation to increase appropriations in the Queen Mary Fund (TF 410) in the Public Works Department (PW) by $1,000,000 for various improvements and maintenance projects, offset by Queen Mary lease revenue. (District 2)
DISCUSSION
Under the terms of Lease No. 22697 (Lease), between the City of Long Beach and Save the Queen, LLC, successor in interest to Queens Seaport Development, Inc. (Lessee), the City is required to maintain a Queen Mary Repair Reserve (Reserve) for necessary capital improvements to the ship. The Reserve is funded in the form of pass-through rent from the Lessee in the amount of $189,000 annually, and use of the funds requires approval of the City Manager. While the Lessee is required under the terms of the Lease to provide for routine and capital maintenance of the ship, the ship remains a City-owned capital asset and the City is responsible for capital repairs.
The proposed projects to be funded include:
ยง Marine Survey (Approximately $350,000)
The Marine Survey will determine the existing general condition of the ship, including the structural conditions, water-tight integrity of the riveted steel hull, and viability of the ship systems. The survey will identify and prioritize issues and areas of concerns, consider the useful life of the vessel, and provide recommendations for repairs and corrective actions, with a feasibility study and estimated costs for the recommended repairs.
Important primary data collected on the ship's existing general condition will be presented in a final Marine Survey Report that will support development of an efficient and effective conditions monitoring, testing and treatment program that may be implemented over the short- and long-term as part of the Queen Mary Base Maintenance Plan and the Conservation Management Plan. Additionally, the survey is a primary step in the conservation program for the ship as identified in the Conservation Management Plan. The findings and recommendations of t...
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