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Superintendent: district will not pursue Port Theater after counteroffer; Viking Lane sale yields $695,000 for capital projects
Summary
Superintendent Kent told the board the district will step away from buying the Port Theater due to a high counteroffer and ADA renovation costs; the district executed Viking Lane sale paperwork that generated about $695,000 for capital projects and $15,000 for a North Bay Elementary trail.
The North Bend School District will not continue pursuing the Port Theater purchase after receiving a counteroffer significantly above the district's budgeted offer, Superintendent Kent told the school board on Jan. 2026.
Kent said the district had explored the purchase carefully and that, after considering the seller's counter, projected ADA renovation requirements and long-term costs, "it does not feel responsible" to continue pursuing that option at this time. He said the board could discuss the matter further in an executive session…
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