The Matanuska-Susitna Borough kind of, sort of thought it had reached a deal to sell its white-elephant ferry M/V Susitna for $6 million, but all of a sudden the prospective buyer seems to have lost interest, reports the Mat-Su Valley Frontiersman.
The company in question, a limited liability corporation the borough had trouble finding any information on and which appeared to have been created solely to buy the vessel, didn’t come through with the promised $500,000 down payment.
[Borough planner Emerson] Kruger said that the borough was considering filing a lawsuit to be compensated for time lost in the process.
The purchase agreement is just the latest twist in the slowly unfolding saga of the ferry.
“When this is all over, somebody could pick up all of the emails and discussions and stories in the paper and could write an interesting novel,” [borough manager John] Moosey said.