After years of strife and questions about its continued existence, Portland, Ore.-area property Wings & Waves Waterpark now has the unusual distinction of being sued by its tenant for lapsed monthly payments.
The waterpark was originated by Delford Smith, the late founder of Evergreen International Airlines, and located on the same property as the Evergreen Aviation & Space Museum. This was meant to create a family-friendly, aviation and space-themed destination in the town of McMinnville, Ore.
After the airline went bankrupt in 2013, the property was purchased by another party. In 2015, the future of the museum and waterpark were in question, as the property owner seemed headed for foreclosure. The landlord ended up filing for bankruptcy in 2016, and a Utah-based investment company called The Falls Event Center bought the land.
The museum and waterpark are separate organizations. Under the agreement, the waterpark is supposed to pay the museum $70,000 per month. The museum claims that the waterpark delayed its November and December payments and is now delinquent on its April installment.Read More