In 2011, the City executed a lease with the Washington State Department of Natural Resources (DNR) for the portion of Eagle Harbor around the City Dock and around the City's Open Water Marina (OWM). The term of that lease was 12 years, with expiration in January, 2023.

The City project to replace the City Dock is largely supported by grant funding from the Washington State Recreation and Conservation Office (RCO). The conditions of that funding require the City to control the property for a period of 25 years. This condition necessitated the need for a new lease with DNR, to provide a lease term sufficient to meet the RCO requirements. 

Within this new lease, there are several items that are changed relative to the current lease:

• Lease term is extended through April, 2043 (26 years from execution).
• Stewardship measures are identified for the Bainbridge Island Parks and Recreation District sailing float (page 40).
• The City may switch to a single-point moorage for OWM tenants, which is preferred for marina management (pg. 35).
• Annual rent charged to the City from DNR is comparable to current levels ($15,748 for 2018, compared to $16,573 under the existing lease).

DNR has provided a new lease agreement with an effective date of May 1, 2017. In addition, DNR has provided an amendment to the existing 2011 lease, which serves to terminate the existing agreement as of April 30, 2017.