Archdiocese auctions off properties to pay for settlement in bankruptcy case
Bids began rolling in Tuesday as the Archdiocese of Santa Fe launched its first online auction of properties to raise money for a settlement in a federal bankruptcy case prompted by hundreds of claims of child sexual abuse by Catholic clergy.
The archdiocese wants to generate funds through the online auction — as well as insurance, donations and other property sales — to settle a case with about 385 people who have alleged abuse, with some claims dating back decades.
About 140 properties are up for sale in Valencia, Sandoval and Bernalillo counties, most of which are small and vacant parcels donated to the archdiocese. Some parcels will be bundled for the sale.
As of late Tuesday afternoon, one Valencia County parcel had a bid of only $250, while another in Bernalillo County was up to $188,000.
The current auction will conclude next week. Additional properties in 15 other counties…
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