Bankrupt Gallup diocese looking at property sales

NEW MEXICO
ABQ Journal

By Olivier Uyttebrouck / Journal Staff Writer
PUBLISHED: Friday, February 27, 2015

Attorneys have asked a judge to authorize an Albuquerque firm to appraise several Gallup of Diocese properties, including two Catholic schools in Gallup and Thoreau, as a possible source of funds to pay for a bankruptcy reorganization plan.

The bankruptcy case had racked up about $1.86 million in legal and professional costs through Dec. 31, court records show.

Attorneys have asked to appraise St. Bonaventure Indian School, a private Catholic school in Thoreau, and Sacred Heart Catholic School in Gallup. Both teach students from preschool through eighth grade.

St. Bonaventure school contends it is not owned by the diocese, the school’s attorney said this week.

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