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codeman671 · 03-31-2005, 09:57 PM

The last post opens up a whole new realm of discussions regarding boater responsibility. Without going too deeply into it accidents can happen at any speed, a speed limit may cut down on the higher speed accidents but alcohol and lack of boating experience (or a combination of the three) are probably greater causes. It is no surprise that almost all of the other marinas that are boat dealers as well do not support the speed law, they all carry some brand of GFB. I am not for a speed limit, even though I do not own a GFB.

I think that the lack of new marinas also has ties to the towns and state limiting their creation. With 25' of frontage needed per slip and an area that is both waterfront and commercially zoned it limits new construction. With the price per acre of waterfront land on the mainland it is certainly no surprise that there will probably not be any new marinas coming in the future.

As far as Merrill becoming rich overnight from the re-evaluation, in all reality him holding onto the marina made him wealthier in the long run (not saying that this was his intention). His property will continue to appreciate yearly, not to mention the profit generated from the business. Simple math. There are headaches involved on owning any business, not just a marina. Typically the rewards outweigh the headaches, otherwise you are in the wrong business.

03-31-2005, 09:57 PM	#29
codeman671 Senior Member Join Date: Jan 2005 Posts: 3,546 Thanks: 222 Thanked 829 Times in 500 Posts	Speed vs negligence The last post opens up a whole new realm of discussions regarding boater responsibility. Without going too deeply into it accidents can happen at any speed, a speed limit may cut down on the higher speed accidents but alcohol and lack of boating experience (or a combination of the three) are probably greater causes. It is no surprise that almost all of the other marinas that are boat dealers as well do not support the speed law, they all carry some brand of GFB. I am not for a speed limit, even though I do not own a GFB. I think that the lack of new marinas also has ties to the towns and state limiting their creation. With 25' of frontage needed per slip and an area that is both waterfront and commercially zoned it limits new construction. With the price per acre of waterfront land on the mainland it is certainly no surprise that there will probably not be any new marinas coming in the future. As far as Merrill becoming rich overnight from the re-evaluation, in all reality him holding onto the marina made him wealthier in the long run (not saying that this was his intention). His property will continue to appreciate yearly, not to mention the profit generated from the business. Simple math. There are headaches involved on owning any business, not just a marina. Typically the rewards outweigh the headaches, otherwise you are in the wrong business.