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 and an asymmetric spinnaker was the J/Boats J/105. The concept has spread rapidly through the sailing world. The tack of the sail may be attached at the bow like a genoa but is frequently mounted on a bowsprit, often a retracting one. If the spinnaker is mounted to a special bowsprit, it is often possible to fly the spinnaker and the jib at the same time; if not, then the spinnaker will be shadowed by the jib, and the jib should be furled when the spinnaker is in use. The asymmetric has two sheets, very much like a jib, but