Local
Paxton college shifts course after campus-wide auction draws no qualified offers
Anna Maria College says it received no qualified bids for its 260-acre Paxton campus and has canceled the planned auction. It now plans to pursue a bid for a 2.4-acre parcel that has local approval to be separated from the campus.
Anna Maria College has canceled plans to auction its full campus in Paxton after receiving no qualified bids, according to a bankruptcy filing submitted Monday.
The college instead plans to pursue a bid for 2.4 acres of the 260-acre property. College officials said the parcel has already received local approval to be separated from the campus.
The decision leaves the future of the broader shuttered campus unresolved as the college proceeds through bankruptcy. No further details about the planned bid were included in the information available.