VESSEL 1 WAS A 38' AWESOME POWER BOAT OPEN MOTORBOAT WITH 1 PERSON ON BOARD.  OPERATOR WAS COMPARING PERFORMANCE LEVELS OF HIS BOAT WHEN HE NOTICED THAT THE VESSEL BEGAN TO TAKE ON WATER.  OPERATOR WAS TRAVELING AT A SPEED OF 90 MPH IN 3 FOOT WAVES.  THE VESSEL WAS PLACED ON A BEACH BEFORE IT SANK.  THE DAMAGE APPEARS TO BE SEPERATION OF THE FIBERGLASS BELOW THE WATER LINE NEAR THE STERN OF THE VESSEL.  OPERATOR STATED THAT A SURVEYOR FOR AMERICAN RELIABLE INSPECTED THE DAMAGE AND DECLARED THE VESSEL A TOTAL LOSS, WHICH ACCORDING TO THE NADA WEBSITE ESTIMATE IS $133,250.00.  THE SURVEYOR STATED THAT THE DAMAGE WAS MOST LIKELY CAUSED BY POOR QUALITY OF THE FIBERGLASS LAY FROM THE FACTORY.  NO INJURIES WERE REPORTED.
BOULDER CITY                  