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  Davenport Diocese to Sell House to St. Ambrose University

Associated Press, carried in KGAN
June 14, 2007

http://www.kgan.com/template/inews_wire/wires.regional.ia/3a6323a6-www.kgan.com.shtml

Davenport, Iowa — The Davenport Diocese is selling its former bishop's house to St. Ambrose University.

It ends a bidding process on three properties the diocese put on sale to pay off settlements in sex abuse cases against priests.

The diocese filed for Chapter eleven bankruptcy in October after facing mounting litigation from victims of sexual abuse.

St. Ambrose University will buy the house for about 175 thousand dollars and use it as a residence for its president.

The university initially offered 170 thousand for the brick duplex but another bidder came forward shortly before a judge was to approve the sale.

The court allowed the diocese to negotiate the sale between the two parties.

University officials say they eventually made the higher offer.

 
 

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