On June 5th the California Coastal Conservancy dedicated $1.5 million to the Surfers' Point Managed Retreat Project. This makes for a total so far of $3,172,500 for project construction. Originally scheduled for construction beginning October 2008, the project is awaiting additional funding for construction to begin in the fall of 2009.
PROJECT FINANCING: (2008)
Coastal Conservancy $1,500,000
Fed SAFETEA-LU $1,500,000
City of Ventura $172,500
OPC (requested) $500,000
Other sources TBD $3,383,500
Total Project Cost $7,056,000
On June 20, 2008, the Ventura County Chapter of the Surfrider Foundation held a big event for International Surfing Day. The focus of the event was a beach cleanup at 'the Point' in recognition of the urgent need to raise over $3M for project construction. See recent story in the Ventura County Star. According to the article 'Some have suggested trying to find an angel donor or auctioning naming rights to help offset the gap.'
