A lease agreement between the city of Tyler and the management team that has been operating the Lake Tyler Marina has been terminated, the city announced Friday afternoon.
According to a news release, the lease was terminated “after the city spent several months and years seeking corrective action on maintenance issues associated with the marina property.”
“The marina is an important asset to the city,” Managing Director of Water Utilities Greg Morgan said in a prepared statement. ”We have been working with the manager of the marina to rectify several issues and have been unsuccessful. Ultimately, we chose to terminate the agreement in the best interests of the community.”
According to a news release, the lessee legally attempted to stop the action, but the motions were denied in court.
“Currently, the contract has reverted to Citizens State Bank, and they are working to develop a plan of action to operate the marina,” Morgan said.
“In the meantime, the city of Tyler will ensure the continuation of utility and septic service to the marina and surrounding area. There is no intent to take immediate action regarding any subleases.”
Tyler Assistant City Manager Susan Guthrie said future plans at this point are “very preliminary” as far as what will happen and who will run the marina.
However, she said, she’s certain that as time goes on, the bank will formulate its plan of action.
The marina will not be open this weekend.