Those of you who have been living here for a while, and who have been paying attention, may remember when the Transit Center was going in, and property was being bought and all manner of shell games were being played on that block downtown. Part of all that shuffling resulted in the City buying the now infamous Niichel property - a piece of property that's been worthless to the City, but that they've been making regular payments on for years.
This payment plan ends with a giant, million dollar final balloon payment - a payment that the City was supposed to be putting money away for, so they wouldn't get caught short. Well, the last I heard, the City had about $100,000 socked away for this, with the deadline looming very close indeed.
The POP will be louder than Ross Perot's "giant sucking sound" by far.
Why hasn't the City been more diligent? Why hasn't PADA held up their end of the bargain? Why has the City Council been asleep at the switch for this? Why, because this is Port Angeles.
Anyone think that having a nearly million dollar hole blown in the City budget - on top of everything else and all the other debt they've loaded on - is going to be a happy event?