I've changed my opinion on this too. I think at the beginning, this was a "pretty good idea", inasmuch as public funds assisting economic development and helping existing businesses create stability, growth and jobs. We all benefit from a good economy.
I think this deal turn political and from that point on, the whole thing was like untangling a long, tangled up strand of Christmas lights. A headache.
Maybe what needs to be done is just put the whole place up for bid. Let any interested person "bid" on the right to secure a lease from the city. The city has generated the opportunity for economic growth and the political aspect has been removed. Many months ago the council actually voted on a lease and even declared the day it was to start. The whole thing is FUBAR in my opinion.
What if I offered to pay $2,500 a month in rent, pay TVA their cut and me collect dock fees, sell food, fishing supply, a nice lounge with an alcohol license, picnic tables, little fishing spots, anything to attract anglers in season and to attract families and a cool place to hang out around the water. heck, it would be nice.
Put the place up for public bid to lease it. The city should not really care "who" enters into a business, just so long as the business benefits the city.
After all, that was why the deal was done, correct?