PORTLAND, Ore. (KOIN) – The Spruce Goose, at home at the Evergreen Aviation and Space Museum in McMinnville for more than 20 years, may soon belong completely to the museum. But the final $50,000 payment with the owners has hit a snag, CNN reports.
In a piece written by Thom Peterson, the owners of the iconic plane — the Aero Club of Southern California — and the museum struck the deal on the sale in 1992. The plane was floated up the West Coast on barges over 138 days from Southern California.
The dispute over the final payment, Peterson writes, comes down to a payment formula and contract language interpretation over expenses.
In a December 2013 statement, the Evergreen museum said, “One additional payment is under negotiation, and both sides expect a prompt resolution of that payment.”
Both sides agree the Spruce Goose isn’t going anywhere. It will remain at the Evergreen museum. The owner has absolutely no plans to repossess it, Peterson writes.
The Oregon Justice Department is also investigating the museum and a related organization, the Captain Michael Smith Educational Institute, CNN reports. The owner of the museum owns companies that are both for-profit and non-profit, and the investigation is looking into the transfer of money between the two.
An Oregon Justice Department spokesperson told CNN their final report on the investigation is expected to be made soon.