Sink it! Again and Again
I too have a 14' Sears Aluminum boat and when it developed leaks I turned it into the "no more than 12' off the shore boat". My kids, and some day grandchildren have learned to handle a swamped boat with this vessel. It leaks like a sieve, and after about a 1/2 hour afloat it starts to sink rapidly. The kids have had fun sinking, then resurrecting the "blueberry". It's all "rivet" leaking but I spent close to cost of the boat to re-rivet in the late 80's and I know that it will be more than double the money to do it again. Make it your "sinkable boat", the kids will love it and they'll learn from the experience.
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