The high bidder of the second auction in August 2010, at $56,569, was Nick Korstad of Portland, Oregon. Gabriel had failed to close on the property, and that it would be auctioned once again. In September 2008, the high bidder was attorney Michael Gabriel of Carson City, Nevada, at $55,000. No organizations expressed interest, meaning the lighthouse was sold at auction to the general public. In September 2006, it was announced that the lighthouse would be available for transfer to a suitable applicant under the provisions of the National Historic Lighthouse Preservation Act of 2000. Coast Guard personnel completed some renovation of the exterior and interior in 2002. The lighthouse remains an active aid to navigation, serviced by the Coast Guard's Aids to Navigation Team Bristol (Rhode Island). Today, the tower is about a half mile from the Braga Bridge, built in 1965 and named for one of the first men from Fall River to die in World War II. The fog bell remained in use until 1983 when it was replaced by an electronic foghorn. In 1977, the Fresnel lens was replaced by a modern plastic lens. Joseph Meyer was keeper on October 8, 1907, when a severe storm hit the area. Rainwater was collected in gutters and deposited into a cistern in the structure's basement level, providing the keeper's water supply. There were five stories above the basement, including the lantern, with two levels were used as living quarters. A fog bell, with automatic striking machinery, was installed on the side of the tower. The cast-iron tower, which doubled as living quarters for a keeper, was erected on the caisson, and the light went into service on October 1, 1881, with a fourth-order Fresnel lens producing a fixed red light 47 feet above mean high water. The components of the superstructure were delivered in July 1881. A cylindrical cast-iron caisson was sunk in place on the reef and then filled with concrete. The 1872 annual report of the Lighthouse Board described a "stone beacon, with iron column and day-mark." On June 16, 1880, a sum of $25,000 was appropriated for a lighthouse on Borden Flats, and construction soon commenced. For a number of years before the lighthouse was built to warn of a dangerous reef at the mouth of the Taunton River, an unlighted day beacon marked the spot.
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