No Offers on New Richmond Land?? Hmmmm….. I Wonder Why???

I found this story on the front page of the rivertowns.net website interesting. How could this story possibly be true in an area claimed to be growing by leaps and bounds.

St. Croix County gets no offers on New Richmond land

By Judy Wiff, Regional Editor for the RiverTown Newspaper Group

The deadline is past, but St. Croix County has gotten no bids on 18 acres it owns in New Richmond.

Last December an appraiser told the County Board that the parcel — which was cut off from other “county farm” property by Highway 64 construction — is worth over $1 million.

The land is zoned commercial.

At least one developer had shown an active interest in the property and had asked to take soil borings. But even he didn’t submit a bid.

“We received nothing,” reported Administrative Coordinator Chuck Whiting Thursday. He said that although requests for proposals were sent out to at least 30 developers, the county got no proposals and no calls.

“It’s astonishing,” responded Supervisor Daryl Standafer.

He said that since there were no offers, the attempt to sell the property “just dies.”

Business people are not stupid, at least not the ones that stay open that is.
Now, you don’t suppose the passage of their $93 million school referendum has anything to do with the county not getting any nibbles on this prime piece of real estate in New Richmond do you?

What’s really funny is reading how Supervisor Standafer thought this was “astonishing”!!
Obviously this board member hasn’t been following the postings here ontheborderline. I wonder why he would think the county could sell its land any easier than homeowners could.

Buckle up there county board members, this airplane ride is heading into some really bumpy air.

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