In his June 6, seven-page settlement proposal to Mayor Gary Will and the Ripon City Council, Boca Grande Capital LLC Chairman Jim Connelly puts forward his best case for why the city should drop its $1.7 million lawsuit against his development company.

Here are excerpts of the rationale, in Connelly’s own words:

“Between late 2007 and 2011, which bracketed the most challenging economic period in the past seventy-five years, I invested more than $3 million in fourteen additional buildings in Downtown Ripon, including four restaurants that provided more than fifty family-supported jobs to Ripon residents. ...”

* * *

“In the past few years, I have lost millions of dollars personally due to my genuine commitment to, and infatuation with, Downtown Ripon.”

* * *

“For more than forty-two years, I practiced law and managed hundreds of complex, difficult and expensive lawsuits. While difficult to publicly acknowledge, for more than twenty-five years, I found that in nearly ever case, the only winners in complex and adversarial litigation were the attorneys, who got paid more for long, highly combative lawsuits than they ever could have for more creatively settled matters.”

* * *

“Today, the City of Ripon, Boca Grande Capital, LLC and I are ... each paying our attorneys hundreds of dollars an hour to prepare and exchange numerous documents, many of which we understand neither the purpose nor the need for. You have confidence in your attorneys, and Ripon Renew and I have complete and total confidence in ours.”

* * *

“Today, we have reached a critically important crossroads in this matter ... will we remain inflexibly locked into our full-out litigation course, which carries with it the certainty of high costs as well as the very high potential for mutually assured destruction? Or will we use the remaining fifty (50) days before Fond du Lac tax foreclosure proceedings are likely initiated to work civilly and purposefully with a committed group of Ripon’s leading business leaders and citizens to create a long-term, positive resolution to the challenges of Downtown Ripon, crafted by Ripon citizens for the long-term benefit of Ripon?”

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