Right, Bob. They are doing a make over of our facility at Channel Islands Landing, and incorporating their Calalina Yacht Brokerage on our lot. The building that previously housed Channel island Canvas is condemed and is to be torn down and rebuilt. Peggy has moved. The brokerage plan is to sell Catalina sailboats, C-Dorys, and possibly Boston Whalers. It's a great marriage because they also own marine storage property in Marina Del Rey and in Ventura. In addition, in Channel Islands, they own the boat repair yard also. Our new hoist is rated for 4 tons, and all the old slips have been removed, to be replaced by new ones. They are also going to sell Hondas. Honda is finally going full electronic iginition.
Additional plans call for moving the parking lot to the area inside along the waterfront, and extending the storage yard to the area that's now parking. The entire area is to be resurfaced.