Agenda Item: 15(b)
Prepared By: Chris Byrne, Fire-Rescue Chief
Business: City Council Item
Department: Fire-Rescue Department
Title
Resolution - Authorize the City Manager to Execute a Purchase Agreement for Boat Slip A-15 at the Marina at Factory Bay To Provide A Permanent Mooring Facility for the Fire Rescue Fireboat, for a Total Amount Not to Exceed $113,048.00 – Chris Byrne, Fire-Rescue Chief, Fire Rescue Department
Body
BACKGROUND:
The City of Marco Island Fire Rescue Department operates a fireboat to provide emergency response and fire-suppression services throughout the City’s waterways and surrounding areas.
The Department currently leases a slip at the Marina at Factory Bay for $16,800.00 annually. Although this arrangement provides suitable temporary mooring, acquiring a permanent slip would ensure that the fireboat remains securely and consistently available for emergency response.
Boat Slip A-15 recently became available for purchase. Staff initiated discussions with the owner and completed the necessary due diligence, including obtaining an independent appraisal and working with the City Attorney to prepare the proposed purchase agreement.
Carroll & Carroll appraised the boat slip on September 2, 2026, and determined its fair market value to be $100,000.00 The negotiated purchase price is $90,000.00.
Detail of Cost
Purchase price of boat slip A-15
$90,000.00
One-time fees:
Marina Capital Contribution
$16,648.00
6% DEP fee
$ 5,400.00
Closing costs
$ 1,000.00
Total acquisition cost
$113,048.00
Funding Plan
The acquisition represents a capital investment in the infrastructure necessary to support the City’s marine fire-rescue operations. The purchase would be funded entirely through available Fire Impact Fee revenues. The Fire Impact Fee revenue account currently has a balance of $547,063.87.
Impact fees fund capital infrastructure and equipment needed to provide additional capacity ass...
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