Peters said the owner was informed that same day that a salvage needed to be arranged, but nothing was done as the owner didn't have the resources.
The regional council maritime team intervened and started the salvage process on Tuesday using the boat barge crane.
The boat was re-floated on Wednesday.
The fully submerged boat at Tanners Point. Photo / Supplied "This is a reminder that all vessels must be maintained and checked regularly, especially before weather events," Peters said.
Meanwhile, the council also reminded people to tie trampolines down in case of bad weather after one was salvaged from Lake Rotorua.
The council said their harbourmaster team were out on Lake Rotorua recently and managed to land the bouncy tramp.
The floating tramp salvaged from Lake Rotorua. Photo / Bay of Plenty Regional Council"Great reminder to tie your trampoline down before the wild weather sets in this winter," the council said.