Fellows Lake Marina receives loan to fund kayaks and safety gear
The Community Foundation of the Ozarks provides a loan of $ 75,000 for the new marina at Fellows Lake.
The loan is used to purchase canoes, kayaks, boat lifts, store inventory, safety equipment and other supplies, according to a press release from CFO. The marina store is scheduled to open on March 1.
Fellows Lake is north of Springfield and serves as the city’s primary drinking water resource.
The seed capital comes from the CFO’s mission-linked investment program, which provides below-market loans to help finance public utility projects, according to the CFO.
Following: Fellows Lake Update: Dock delayed. Phase 1 of construction of trails, marina store on schedule.
City Utilities selected the non-profit Watershed Committee of the Ozarks in October 2020 to operate the Fellows Lake Marina starting March 1 with the 20-acre Scott Miller Park. Since 1984, CU has had a long-standing partnership with the Watershed Committee of the Ozarks and provides the organization $ 200,000 per year to help ensure clean water in Springfield, according to News-Leader archives.
The wharf has been on the lake since the 1950s. In addition to the recreational side, Fellows Lake serves as Springfield’s primary source of drinking water.
Bass Pro Shops also donated two pontoon boats and three fishing boats for the marina’s boat rental service.
Mike Kromrey, WCO Executive Director, said in a press release that the 820-acre lake is “the most valuable asset in our water supply portfolio.”
“We see our management of the marina as mission-focused work. It’s about building relationships, educating and stewardship, ”Kromrey said. “Every purchase at the Marina is a chance to help the customer better understand our natural resources.”
Other mission-related investment projects include the expansion of the Jordan Valley Innovation Center by Missouri State University, the acquisition of an MRI machine by the Salem Memorial District Hospital and the extension by Ozark Greenway of the Fulbright Spring Greenway. Find a complete list of past mission-related investments at cfozarks.org/impactinvesting.
Sara Karnes is an outdoor reporter for the Springfield News-Leader. Got a story to tell? Email him at [email protected]