KWM News March 2025

TC Alfred

Marina staff spent many hours securing vessels and general areas of the Marina in preparation for possible tidal surge and gale force winds from TC Alfred. Fortunately, the path of the cyclone initially tracked further south and then weakened before eventually reaching the coast. This mitigated both possible wind and tidal surge damage to the Marina. 

Of course, Jessica Haven enjoys a favourable location from tempest however an identified reasonable risk has been the possibility of combined high tide and storm surge floating the Marina pontoons over the piles……this was the catastrophic cause of the Bundaberg River marina failing some years ago. It would probably take a tidal height of 2-metre above astronomical for this to happen. 

To prevent such an event, a simple device is in place which utilises the cyclone chains (stored inside the piles) and repurposed to lock down horizontal bearers which in turn prevent pontoons floating off the piles. Members can view diagrams and photos on the website. It could be argued that Kawana Waters Marina piles could be higher but that is a discussion for another day.

As staff tidied up vessels and prepared for gale force winds, it became apparent that some owners were relying on the Marina for such preparation. It must be noted, such preparation is entirely the owner/skipper’s responsibility…….the Marina cannot and does not take any responsibility for individual vessel damage in such circumstances.

The weather event has confirmed the adequacy of Marinas’ procedures but also identified some areas for improvement, notably promoting the accountability of vessel owners.

Effluent Discharge

There has been reports of some isolated incidences of discharge within the Marina. This is a critical area of responsibility and accountability that, if unchecked, places our Head Lease in jeopardy.   

The Board has revisited this matter drawing on legislation, Head Lease compliance, regulations and reviewing MOL Policy and the difficult problem of policing environmental demands. Please be assured that the Board has no tolerance of environmental breaches and has a policy of immediate expulsion on any such first breach.

MOL policy is a secondary censure and that an offender is primarily subject to environmental laws and regulations and the relevant authorities. As such, a breach not only incurs expulsion but also reporting to and cooperating with the authorities.

First Aid

Marina staff have attended and qualified for First Aid/CPR certification. Patrons are reminded on the Defibrillator facility located in the laundry.

Street Parking

The perennial problem of parking has been raised again, this time by neighboring residents.

Despite the combined car parks of Adelong Crescent and Orana Street providing ample spaces for Marina patrons, street parking has become a preferred option for some, along with other non-marina patrons. This is impacting nearby residents amenity and safety.

it will be obvious to observers that the corner between the two car parks can become ‘tight and dangerous’ with many close calls, especially with children from nearby residences. There has been an influx of younger families into the area and with limited footpath paving, children are at risk. 

The Marina is talking to Council on these matters with a view to rearranging parking and exploring other options.

The risk to children, combined with the ‘overflow’ street parking adjacent to resident driveways, is causing angst with residents. Members and patrons are urged to be considerate and utilize the designated carparks while we work with Council and residents to resolve concerns.

KWM News August 2024

Trading Result
The Board can report a cash surplus of $64,050 for the trading year 2023-24. This number will reduce
after taking into account non-trading items such as tax, depreciation and interest. The final surplus will be
circulated with annual meeting information.
The result is solid and reflects budget expectations. More importantly, this surplus builds our capital
base for future major capital works. Members are urged to consider the full statutory accounts with
their AGM papers.


Governance
In the next weeks our Company Secretary will be posting out information regarding annual statutory
governance requirements. He will be calling for nominations for director positions, circulating notices of
general meeting, trading information and seeking notices of motions.
This is the time for members to consider the performance of their Board, their investment and general
operations of the Marina. Your interest in these functions matters.


Capital Works Program
Over the years capital works have suffered from an ad-hoc approach. This approach has lacked
consistency, efficacy and most importantly, relevance to annual budget preparation and management.
While operating budgets account for normal repairs and maintenance, the larger expenditures
(generally greater than $10,000) demand greater analysis and due diligence. The Board is currently
undertaking a whole-of-business approach to building a 10-year capital works program that will run in
parallel with annual operating budgets.
A well thought out and costed capital works program is critical, especially in terms of our Head Lease
renewal where Government expectations state that Marina assets must be kept up-to-date and fit-for purpose. A further influence is the increasingly obvious need for overall modernization of the Marina
precinct, notably the buildings.
Unsurprisingly, funding of capital projects is difficult for a company limited by guarantee. The only
avenue to accessing capital is from retained earnings (trading surplus’) and special levies. Only after
capital projects are identified and costed can we turn to such funding options.
The Board is keen to keep members appraised of the program, indeed, would welcome member input
and comment in the deliberations. Updates will be circulated over ensuing months as this work unfolds.


Satellite Mooring
As intimated in the last KM News the Board is revisiting this project. The Board has decided to pursue
again the establishment of a 6-berth hexagonal mooring in the middle of the ‘pond’ adjacent to the
Marina.
This will require a feasibility exercise to be completed by early in 2025. A critical component will be
gaining approval from the Department of Resources to extend MOL’s Head Lease….this process is long
and complicated. As noted previously, we already have notional support from another authority, MSQ.
The commitment of capital will be considered as part of the abovementioned Capital Works Program.


AGM Notice
This is an early reminder of the 2024 AGM which is set down for 4:00pm Friday 29th November 2024.

KWM  NEWS    July 2024

End Of Year Results

The early version of the 2023-24 trading result was slightly above budget expectations. This result is indicative of excellent budget planning and management and should provide comfort to members that their Board and Management have a good grasp of the business and its impacts.

2024/25 Budget

The production of the 2024/25 budget, signed off at the June Board meeting, was again faced with forecasting significant increases in electricity and insurance along with moderate increases in other marina costs such as gas, water, licensing, materials and supplies, and compulsory superannuation. These inflationary impacts continue unabated.

Trading expectations for the 2024-25 year are similar to that experienced in the previous year. The capital base has strengthened to a level that the Board can now consider some long-term but limited capital expenditure on some of the Marina’s fixed assets. As projects are identified, they will undergo prioritization and consultation with members.

Rental Pool Statistics For the statistically minded, the Rental Pool occupancy rate based on ‘berth nights rented to berth nights available’ for the immediate past six months was 97.5% up from 93.1% on the prior July-December period. The disbursement rate per metre was $2.339170 up 10.5% from the July-December period. Gross return on a ‘generic’ berth assuming a base berth value of $10,000 per metre – 8.5% annualised. Net return on berth investment (gross income less admin fee and levies) based on a berth value of $10,000 per metre – 5.8% annualised.

Members utilizing the Rental Pool will have again appreciated the quick disbursement earlier this month. This is a major advance on previous years where disbursement could take up to 30 days. This turnaround is due to staff using an innovative ‘work-a-round’ procedure to overcome software limitations.

Boat Dragging

Vessels that anchor in the ‘pond’ adjacent to the Marina have been subject to strong westerlies of late with one vessel recently dragging close to boats in the Marina’s G-row requiring protracted fending off.

There have been regular instances of dragging in the pond over the years as the holding is less than ideal. MSQ which is responsible for the canals has voiced frustration with the dragging issue and is engaging with the Marina to look for a solution.

AGM Notice

This is an early reminder of the 2024 AGM which is set down for 3:00pm Friday 29th November 2024.