huh?

An article about the airport mentions a grant that requires matching funds and Pensacola's woes in providing matching funds. I quote the PNJ
The city’s budget has been squeezed in recent years and will likely remain tight in the foreseeable future because of declining property values, employee pension expenses and long-term debt on the Community Maritime Park and the relocation of ECUA’s former wastewater treatment plan on Main Street.

What does the ECUA Main Street plant relocation have to do with encumbering city monies?

The last I heard about the "old stinky" property was that ECUA wanted to trade the property for the city garbage franchise. If that happens after a favor able environmental risk assessment and the city becomes the owner of "old stinky", I see the property as an asset, not a liability.

A Very large parking deck to serve large gatherings at the CMP could be built with entertainment, retail, offices, or even residential units could use higher floors of the parking deck. I don't see the "old stinky" property as a liability at all.

Am I missing an obvious point here?