Ripley Light Marina Property Owner’s Association Inc.
Description
This emergency contract authorizes The Citadel to repair its dredge‑spoil site, perform two dredging passes on its boat basin, and maintain the site for a ten‑year period. In exchange, the two awarded vendors receive rights to deposit dredge‑spoil at the site twice during the agreement. The work restores full access to the boat basin (previously limited to ~30 minutes per tide) and creates a win‑win arrangement for both parties.
• Repair of the Citadel’s dredge‑spoil site – $1,050,000 (mobilization & repair).
• Two dredging operations of the boat basin – $1,590,000.
• Ongoing site maintenance and spoil‑deposit rights for Ripley Light Marina – included in the ten‑year term.
• Project valued at roughly $2.64 million, delivering a projected net economic benefit of $917,500 to The Citadel.