NEW MEXICO
Gallup Independent

Published in the Gallup Independent, Gallup, NM, July 7, 2015

Property listed in documents has low value

By Elizabeth Hardin-Burrola
Independent correspondent
religion@gallupindependent.com

GALLUP — With the U.S. Bankruptcy Court’s approval of the Diocese of Gallup’s plan to auction some of its real property, the question arises: Just how much money might the diocese get from the sale of its six properties it is willing to sell in Gallup?

That’s anybody’s guess at this point, but if the “actual values” of the six properties — as listed by the McKinley County Assessor’s Office — offer any clues, it won’t be a large amount. In fact, those assessor’s actual values for the properties only added up to about $183,000, or about the price of one middle class home in Gallup.

The diocese is auctioning off real property in Arizona and New Mexico to help…