Panama City officials debate management strategy for new marina slips

The City of Panama City held a meeting on July 13, 2025, focusing on the development of a new marina project, specifically the construction of 50 boat slips at the Saint Andrews Marina. The discussions highlighted the complexities surrounding financing, management, and the operational challenges of running a marina with a limited number of slips.

Key points included the confirmation that the city has secured a permit to build the 50 slips, which is expected to take about a year. However, concerns were raised regarding the management of the marina, particularly whether the city should remain involved in its operations. Several participants expressed the belief that the city should not manage the marina, advocating instead for a private management approach to streamline operations and reduce costs.

The conversation also touched on the financial implications of the project, with discussions about the potential for operating at a deficit initially. Participants debated the need for a management agreement that would allow for a smoother transition once the slips are built. There was a consensus that the city should focus on ownership rather than management, emphasizing that government is not ideally suited for operating marinas.

Additionally, the meeting addressed the broader financial context, including the city's past investments in marina infrastructure and the need for a sustainable revenue model. Concerns were raised about the long-term profitability of the marina and the potential burden on taxpayers if the project does not generate sufficient income.

In conclusion, the meeting underscored the urgency of moving forward with the marina project while navigating the complexities of management and financing. City officials plan to continue discussions with potential management partners to ensure the successful operation of the new slips once constructed.