Ed and Susan Geddes have owned the marina on the south side of First Street next to Ebey Slough for the past decade. The marina was purchased by Ed Geddes' father, Bill Geddes, in 1938.
The Geddeses sued the city of Marysville in 2006 over water running into the marina from the city's storm drains. The Geddeses and city officials started talking about a possible sale of the marina in late 2007, according to Gloria Hirashima, city administrator.
A $1.9 million selling price that includes the settlement of the lawsuit was agreed to by both parties and finalized on July 13.
"It seemed like both parties could spend a lot of time arguing back and forth, answering questions and could spend a lot of time with specialists and attorneys mediating," Hirashima said.
As part of the purchase agreement, the city cannot make changes to current lease agreements through Oct. 31. There are currently 47 lease agreements for boat slips at the marina, Hirashima said.
The Geddeses were happy with the outcome, the couple's attorney, Catherine Clark, said.
"There comes a time in everybody's life where you decide to make a change," she said. "I think for the Geddeses it was the right time for them and it worked out well for them."
City officials will make tenants aware of future plans for the marina, Hirashima added. The immediate goal is to clean up the nearly 5-acre site.
"I think we'd like to see the site basically cleaned up and in its highest and best use which might include a waterfront, potentially some sort of marine operation," Hirashima said.
Hirashima isn't sure if redevelopment plans will include fixing current buildings and site structures or involve a new development. A trail or boardwalk along waterfront from the edge of the city's limits at I-5 to the Sunnyside area is part of the city's comprehensive plan.
Both structural and environmental work will be part of the clean up process at the marina, Hirashima said.
"The plans at this time are really to clean up the site," she said. "It definitely won't be a quick process."
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