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UPDATE: Buyer backs out of purchase of Miracle Valley property in Cochise County

Cochise County selling 42 lots of land, including 37 acres of Miracle Valley in Hereford
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HEREFORD, Ariz. (KGUN) — Cochise County officials told KGUN 9 that Dale Whitehead is no longer interested in purchasing the Miracle Valley property.

Whitehead was the top bidder in the county's tax land deed sale, that ended last week. He submitted the top bid of $710,000 last Friday. He had five business days to submit the payment to the county, which he did not do.

County officials said they will discuss what happens next on Monday, since they were told after 5 p.m Friday that Whitehead wouldn't pursue the purchase.

Whitehead, from New York, graduated from the original Miracle Valley Bible College in 1967.

He told KGUN 9 on Tuesday, that he planned to restore the property as a bible college.

"We're not looking to revive the ministry of A.A. Allen, but to move forward with brother Allen's original objective," Whitehead said.

Original story at 12:53 p.m. Friday, Sep 28

With the final bid of $710,000, Dale Whitehead became the new owner of the Miracle Valley property in Cochise County.

Whitehead, from New York, graduated from the original Miracle Valley Bible College in 1967.

He said he plans to restore the property as a bible college.

"We're not looking to revive the ministry of A.A. Allen, but to move forward with brother Allen's original objective," Whitehead said.

The Cochise County Board of Supervisors will vote to finalize the sale in November.