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 pole lift, runs from the middle of the spinnaker pole up to a block on the mast, and is used to support the weight of the spinnaker pole. Another line referred to as the downhaul or foreguy runs down so that the height of the pole is under positive control at all times. Spinnaker pole A spinnaker pole is a spar used in sailboats (both dinghys and yachts) to help support and control a variety of headsails, particularly the spinnaker. However, it is also used with other sails, such as genoas and jibs, when sailing downwind with no spinnaker hoisted. (Since