A Nov. 30 foreclosure auction is planned for the Evergreen Aviation & Space Museum and the Wings & Waves Waterpark to help settle a debt of its landlord. The Michael King Smith Foundation, which owns the properties but does not operate the museum or waterpark, owes $1.9 million in past-due construction debt.
In early October, the Yamhill County Court in Oregon released a writ of execution for the sale of the properties, located in McMinnville, Ore. Melissa Grace, a spokesperson for the museum and waterpark, said officials remain hopeful that something can be worked out before the auction date.
“Museum Management is actively working on solutions to address this situation with the landlord. Visitor count at both the museum and waterpark is strong, and the museum is profitable. We will continue to operate as usual and look forward to welcoming our guests,” she said in a statement.
Grace did not offer specifics on what kind of solutions the museum and waterpark are working on with their landlords.
Calls to listed numbers for the Foundation were not returned.