On Fond du Lac County’s first attempt at selling 303-305 Watson St., no one submitted a bid on the property to to the county treasurer’s office.

   On attempt No. 2? Same.

   Third time wasn’t a charm, either. After being placed on a statewide online auction site, bids came in — but topped out $85,000 short of what the county needed to recoup its losses on the property.

   Still, county officials are hoping persistence will pay off.

   This week, the county switched back to in-house bidding, as it did for the first two attempts to sell the former headquarters of Boca Grande Capital LLC.

   While the previous minimum bid prices were set at $400,000 and $325,000, it now has been dropped to $295,000.

   That’s roughly the bare minimum the county needs to cover its losses from when Boca principal Jim Connelly failed to pay back property taxes, according to county board chairman Marty Farrell.

   But he’s optimistic the fourth attempt will be the final attempt.

Read the full story in the Nov. 22, 2018 edition of the Ripon Commonwealth Press.