California Port City Sells Bonds To Make Room For Bigger Yachts

A Great Blue Heron stands on a newly completed boat slip finger at Alamitos Bay in Long Beach, California, U.S., on Wednesday, May 13, 2015. Catering to the tiny-vessel owner has been a struggling business since the recession, as money-minded sailors left marinas to store their boats on land, said Rick DuRee, chairman of Long Beach's Marine Advisory Commission. So the city of 469,000 is replacing hundreds of small slips to make way for $2 million pleasure craft, just as nearby wharves have done. Photographer: Tim Rue/Bloomberg via Getty Images
A Great Blue Heron stands on a newly completed boat slip finger at Alamitos Bay in Long Beach, California, U.S., on Wednesday, May 13, 2015. Catering to the tiny-vessel owner has been a struggling business since the recession, as money-minded sailors left marinas to store their boats on land, said Rick DuRee, chairman of Long Beach's Marine Advisory Commission. So the city of 469,000 is replacing hundreds of small slips to make way for $2 million pleasure craft, just as nearby wharves have done. Photographer: Tim Rue/Bloomberg via Getty Images
California Port City Sells Bonds To Make Room For Bigger Yachts
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Bloomberg / Contributor
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473467246
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Bloomberg
Date created:
13 May, 2015
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Object name:
LONG BEACH YACHTS
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