SACRAMENTO -- Legislation to grant the city of Martinez waterfront land to facilitate the marina's long-stalled revitalization and development was passed Thursday by the state Senate on a 37-0 vote.
Senate Bill 1424, by Sen. Lois Wolk (D-Davis), would revise an existing land grant so the city could take ownership from the state of the marina itself and of adjacent property. That should potentially give the city more freedom to make improvements that could attract more boaters, which could then generate income for loan repayments and other projects.
Physical deterioration at the marina -- especially silting that has resulted in boats sitting in mud at low tide -- has resulted in significant revenue losses as boaters go elsewhere.
Added berth rental income would help repay $4.1 million in outstanding loans from the Department of Boating and Waterways. In 2011, that state department refused to lend Martinez any more money for the marina until the city pays down the existing debt to less than $1 million.
"My legislation will enable the city to breathe new life into this historic area and the local economy," Wolk said in a statement late Thursday afternoon.
SB1424 will next be heard in the State Assembly.