Tacoma Narrows Airport

A little more information that I found in another article:

Technically, the FAA doesn’t allow the city to sell the airport. But it could transfer the airport to another entity. Gig Harbor and the Port of Tacoma have both looked at taking over the airport, but both passed on it after concluding that it loses too much money.

Narrows Airport budget problems
Two-year operating deficit:
$550,000
Debt payback shortfall:
$1.5 million
Safety zone improvements:
$1.1 million
Total: $3.2 million

http://www.thenewstribune.com/news/government/story/5710874p-5114956c.html