June 14, 2004

FOR SALE
ONE GOLDEN GATE FERRY VESSELTHE M.V. GOLDEN GATE



Golden Gate Ferrys M.V. (motor vessel) Golden Gate plied across the San Francisco bay for its last time on Friday, March 26, 2004 and is now for sale through a sealed bid to the highest responsive bidder. By retiring the M.V. Golden Gate, because of the significant reductions in fixed costs, preliminary estimates show annual operating cost savings of as much as $500,000.

Three lots are available for bidding and each may be bid on separately. All are for sale as is with no warranties. Bids are due by Tuesday, July 13, 2004 at 2 pm. Interested bidders may obtain a bid packet from Janet S. Tarantino, Office of the District Secretary, PO Box 9000, Presidio Station, San Francisco, Ca 94129, by calling 415-923-2223, or faxing 415-923-2013.

Lot 1:

Consists of one passenger ferry vessel, M.V. Golden Gate, with miscellaneous spare parts. The vessel was originally christened the Point Loma after being built in 1969 at San Diego Marine for San Diego harbor excursion cruises and whale watching. The Golden Gate Bridge, Highway and Transportation District purchased the Point Loma in 1970, converted it into a passenger ferry, renamed it M.V. Golden Gate and placed it into commute passenger service between Sausalito and San Francisco on August 15, 1970. It was the first Golden Gate Ferry vessel and is U.S. Coast Guard certified to carry 590 passengers, is just over 115 feet long, has three decks, two main diesel engines, two auxiliary engines, two auxiliary generators, and travels at 14.5 knots at 1800 RPMs.

Lot 1 spare parts are valued at nearly $153,000 and come with the vessel. With a few exceptions, the parts are new, rebuilt or refurbished and include items such as stainless steel propellers, tail shafts, main engine and generator parts.

Lot 2:

Consists of one factory authorized rebuilt Caterpillar Marine Diesel Engine Model 3412, last overhauled in 2003.


Lot 3:

One completely overhauled (with zero hours) 90 KW Waukesha/Scania/Kato 230 V. Diesel Generator Set whose original cost was $24,061