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Blue Earth County rejects sealed bids for Poor Farm parcels, authorizes broker sale
Summary
After sealed bids for six Poor Farm parcels came in below broker expectations, the Board rejected the bids and authorized a broker-based sale process and delegated authority to the county administrator to accept or reject offers.
Blue Earth County commissioners on March 25 rejected sealed bids for six parcels of the county's Poor Farm property and approved a resolution to engage a broker to market the parcels under a conventional sale process.
County staff and Winger Land Services reported that all parcels received bids below expected market ranges. The county split the Poor Farm into six parcels for sealed-bid sale; bids on several parcels ranged widely and overall were lower than the broker and…
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