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TiltonBB · 04-27-2008, 10:07 AM

BI,

Many people have who cannot afford, or do not want to own lake front homes have purchased large cabin cruisers and use them like a summer home. By necessity more than three hundred horsepower are required to move these boats, yet most top out at 25-30 MPH. Many of those same people have purchased (or rent slips) to accomodate those boats.

1. What will happen to the value of those slips when no large boats are here to need them anymore?

2. How will the towns make up for the lost tax revenue? Example: Mountain View Yacht Club in Gilford has 284 slips, most approved for larger boats that require over 300 horsepower. It's safe to say that at least 200 of the boats in just that one marina have over 300 horsepower. Reduce the demand for those large boat slips and you have reduced the market value (Think tax value)

3. Should the government enact a law that will seriously impact the local marina businesses that sell those boats? (I know what you are thinking, instead of selling a $350,000 boat they could sell $250 plastic kayaks)

4. How will the state make up for the lost corporate tax revenue when the major marinas on the lake do substantially less business?

5. With less demand comes lower prices. Most people do not want to be at the lake to paddle their kayak or sit on the shore and eat granola. Fewer people will choose to purchase first or second homes on the lake, choosing to go elsewhere where the regulations don't exist. Are you prepared to see your home value decrease? (At the same time the towns will increase the tax rate to make up for lost revenue)

04-27-2008, 10:07 AM	#733
TiltonBB Senior Member Join Date: Feb 2005 Location: Gilford, NH and Florida Posts: 3,027 Thanks: 708 Thanked 2,208 Times in 940 Posts	Horsepower Limit? What about the Cruisers? BI, Many people have who cannot afford, or do not want to own lake front homes have purchased large cabin cruisers and use them like a summer home. By necessity more than three hundred horsepower are required to move these boats, yet most top out at 25-30 MPH. Many of those same people have purchased (or rent slips) to accomodate those boats. 1. What will happen to the value of those slips when no large boats are here to need them anymore? 2. How will the towns make up for the lost tax revenue? Example: Mountain View Yacht Club in Gilford has 284 slips, most approved for larger boats that require over 300 horsepower. It's safe to say that at least 200 of the boats in just that one marina have over 300 horsepower. Reduce the demand for those large boat slips and you have reduced the market value (Think tax value) 3. Should the government enact a law that will seriously impact the local marina businesses that sell those boats? (I know what you are thinking, instead of selling a $350,000 boat they could sell $250 plastic kayaks) 4. How will the state make up for the lost corporate tax revenue when the major marinas on the lake do substantially less business? 5. With less demand comes lower prices. Most people do not want to be at the lake to paddle their kayak or sit on the shore and eat granola. Fewer people will choose to purchase first or second homes on the lake, choosing to go elsewhere where the regulations don't exist. Are you prepared to see your home value decrease? (At the same time the towns will increase the tax rate to make up for lost revenue)