The marina is run as a business, charging fees so I am assuming that by saying the repairs need funding, they borrow from themselves
and pay it back later, or am I being naive............
Cash-strapped Conwy County Council is counting the cost of repeated gale-force storms battering Conwy Quay. The Conwy Harbour Advisory Committee will meet on Wednesday (5 March) to discuss thousands of pounds of damage to Conwy Quay caused by several named storms.
According to the report, harbour staff have responded to several storm events in the past four months alone. Repeated high winds have caused considerable damage to mooring pontoons, which are now costing the hard-up county council tens of thousands of pounds.
“There will be a loss of income in the
short term, until the infrastructure repairs can be funded and replaced. This has been actioned via business cases, to replace damaged pontoons to affected areas. The importance of these to Conwy harbour has been declared.”
The report added: “Loss of harbour infrastructure will impact on its revenue. (The) Current loss of five pontoon sections will affect 12 vessels at £1,400 per vessel average. (£16,800 per annum).” In October Storm Ashley caused severe gale force winds, large waves, and flooding, which was followed by Bert and Conall in November, leaving thousands of properties without power, before Darragh hit in December.
cont
https://www.dailypost.co.uk/news/winter-storms-batter-conwy-quay-31103738?IYA-reg=49560bcd-5a9c-47f0-8fc5-ba2e71710589