Robert Hughes Nanaimo wrote this fantastic letter to the Nanaimo News Bulletin: http://www2.canada.com/nanaimodailynews/news/upfront/story.html?id=6aabb58b-5125-459c-9fb9-207fa3824a0
PNMG are offering $9.3 million for a 30 year lease which by my math is an investment of $310,00 per year – not a large investment by any means and one that the NPA could easily raise by increasing moorage fees in the order of something significantly less than the $200 to $1,500 increase being mentioned by PNMG.
I believe that it is incumbent on all persons of authority in Nanaimo such as the council, mayor and city managers to step in and stop this process before it is too late.