The Harborage at Ashley Marina HPR

Home
About The Marina
Marina Dockage
Marina Location
Marina Weather
Slip Listings
Marina Newsletters
Archived  2009
Archived  2010
Archived 2011
Archived 2012
Archived 2013
Archived 2014
Archived 2015
Jan - March 2016
April - July 2016
Aug - Dec 2016
Jan - July 2017
Aug - Dec 2017
Jan - Dec 2018
Jan - May 2019
June-Aug 2019
Sept-Oct 2019
Marina Documents
Regime Fees
Dredging Costs
Reserve Fund Study
Tax&Use Info
Board of Directors
Contact Us-Owners
Contact Us-Public
Enjoy your Spring Boating Season
33 Lockwood Drive
Charleston, Sc  29401-1181
Board@MyAshleyMarina.com

 

 

 

The Charleston Peninsula & Ashley Marina

Sept - Oct 2019 Newsletter



4th Quarter Newsletter                                                                                                                                  Edition-2019

Dear Ashley Marina HPR Member:

This newsletter has been posted online to myashleymarina.com.

2019 Annual Owners Meeting: December 5th, 6:00pm

Cash: As of 10/1/19 our total cash and cash equivalents are $1,606,934 of which $107,884 is Operating, and $1,499,050 is in Wells Fargo Money Markets. Reminder: $515k of reserves has been set aside for future dredging.

Accounts receivable of delinquent regime fees are:

$  9.8K     31-60 day category

$  22K     61-90 day category

$  34K    greater than 90 days and in collection status (liens and Small Claims Court actions in process)

If you are one of the above individuals, you need to address your financial responsibilities immediately!

Dredging: Solutions are still being investigated to keep costs down. Governmental permitting has put the process behind schedule.

Parking Lot: Estimate of $64k to repave and raise critical areas of the parking lot is under consideration.

Jetdocks: The Board received requests for a total of ten slips and permitting process is underway.

Replacement Fund: The Board is working on an estimated dollar amount and expected remaining life of full dock replacement. Funding options will be discussed at this year’s annual owners meeting. 

Bike Bridge:  News has come out of a new City of Charleston bike bridge parallel the existing route 17 drawbridges. The Board is looking into the details of the proposed bridge and how it will impact the marina.

Insurance: The increased minimum vessel insurance combined liability requirements of $500k will go into effect January 1, 2020.  All policies must have coverage for pollution and salvage.

 

Any questions or issues can be directed to our marina staff at 843-722-1996, or Staff@AshleyMarina.com