RIVIERA BEACH, FL (WFLX) - After much discussion, the Riviera Beach City Council decided to close the dry stack storage at the Riviera Beach Marina. This means more than 150 people will need to remove their boats by June 30.
The reason for the closure is money. The city says operating costs were just too high and the city was losing more than $200,000 a year.
The decision to close the dry stack storage came after the director of the marina found the city was on the verge of losing another $216,000 this year as they did in 2010.
The city says it did not budget for the 2010 year because they expected Rybovich to began leasing the marina. When that deal fell through, they continued to lose thousands of dollars.
Of the 158 dry slips only three are behind used by Riviera Beach residents.
The city says in order to make up for lost revenue they would have to raise rates 63-percent from just over $8.14.
The dry storage will be closed no later than June 30.