Port Cancels Deal With Firm to Run Dry Dock
In a setback for civilian reuse of the Long Beach Naval Shipyard, harbor commissioners Monday canceled their lease with a metals company that has reneged on its agreement to build barges and repair ships on the historic base.
The Long Beach Board of Harbor Commissioners voted unanimously to terminate a July agreement with Astoria Metal Corp., which wanted to take over 51 acres of the naval complex and put the largest dry dock on the West Coast back into operation.
Astoria originally agreed to pay the port $1.5 million a year in rent, plus 2% of gross revenue from the first five years of operation.
The harbor department charges that Astoria owes $400,000 in back rent and has failed to pay a $300,000 deposit to the city as required by the lease. Officials said the firm has not provided maintenance and security for the site.
Officials for Astoria could not be reached for comment Monday.
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