Emirates Spinnaker Tower mid-2005. Because of the six-year delay in opening and not having been ready for the Millennium as planned, the tower was renamed as Spinnaker Tower. The overall development project was over budget, with the tower costing £35.6 million alone. Taxpayers were never intended to fund the tower, but Portsmouth City Council eventually contributed £11.1 million towards construction. In March 2004, Portsmouth Council's former leader Cllr Leo Madden resigned as leader of the Labour Group on the council after a highly critical report of the council's handling of the project and its failure to exploit revenue opportunities, such as the Millennium.
Spinnaker the spinnaker is attached the top of the sock and the ring runs down to the tack. The resulting bundle is stuffed into the spinnaker bag. The top of the sock will have provisions for attaching to the spinnaker halyard. The spinnaker is raised as normal, but with the sock in place the spinnaker is unable to catch the wind. Once the spinnaker is raised and the guys are ready to set, the sock is raised, releasing the spinnaker. The sock remains bundled up at the head of the sail while the spinnaker is deployed. To retrieve the spinnaker, the