COVINGTON, KY (FOX19) - The Covington City Commission held a meeting Monday morning to discuss the future of the Waterfront Restaurant.
The restaurant is temporarily docked at Covington landing, about 85 yards upstream from its old location.
The restaurant broke loose from its moorings on March 11, causing it to float down the river with about 80 guests inside.
Covington commissioners want to work with engineers to discuss options for a more secure, permanent location during the meeting.
The owner of the Waterfront, Jeff Ruby, says he wants to stay in Covington, but not at the location where the restaurant was. Covington city officials would like the restaurant permanently relocated to its current location at the Landing.
No action was taken during Monday morning's meeting but Covington Mayor Denny Bowman spoke to the media about the importance of keeping the Waterfront in Covington. "We were a pioneer on the riverfront development and right now we have no active restaurant. We don't want to lose our final restaurant." Currently the city of Covington collects about $50,000 a year in lease payments for the restaurant in addition to payroll and business tax. "No city can afford to lose any business and we've lost our fair share this decade, just like everyone else," said Bowman, "We're working extra hard to keep him here."
Jeff Ruby says he wants to keep the Waterfront open in Covington because of his customers on both sides of the river who are loyal and patronize the restaurant and keep it afloat. But whether he can stay open and operate from the Landing remains to be seen. In the coming weeks engineers will look at the Waterfront and options for docking it at the Covington Landing. While that happens, Ruby is working with his insurance company to discuss the cost to insure the restaurant after what happened two weeks ago.
"There are expenses, problems, and issues that are not typical at any other restaurants" says Ruby. "We're still here, we're tough. Know why? Because the people of Greater Cincinnati and Northern Kentucky patronize the place and keep it afloat so we're not going to leave 'em now."