Thumbnail photo: Crescent City Harbor’s inner boat basin. | Photo by Gavin Van Alstine
Harbor Board Chairman Rick Shepherd insisted that a plan to both make a loan payment to the U.S. Department of Agriculture and address maintenance issues would “save our ass,” though he admitted it was convoluted.
The plan involves a trust account with the county that houses the transiency occupancy tax (TOT) revenue the Measure C has generated for the Harbor District since voters approved it in 2018.
On Wednesday, CCHD Fiscal Officer Sandy Moreno informed commissioners that there is $602,396 in that trust account — more than enough to make two loan payments to the USDA. She proposed using roughly $263,888 to satisfy a delinquent payment the Harbor District should have made to the USDA in September 2025 and using $129,841 to address the district’s maintenance needs.
Continue reading Harbor District Proposes New Plan To Make USDA Loan Payment And Fund Maintenance Needs

