More than two dozen packages as part of the Roman Catholic Episcopal Corp. tender sale. of St. John’s
ST. JOHN’S, NL — The latest trustee documents related to the bankruptcy proceedings of the Roman Catholic Episcopal Corp. of St. John’s include a tender sale package that lists 25 parcels in the metro area.
The recent filing for protection from creditors includes four large parcels of land in the heart of the city and a number of others in the metropolitan area.
Notable plots include the Basilica Complex at St. John’s, St. Bonaventure College and St. Bon Forum; St. Patrick’s Church rectory and vacant lot at 18 Deanery Avenue and Patrick Street; Sainte-Thérèse Church and other adjacent structures; and Corpus Christi Church, Parish Office and Community Center, plus vacant land at 231 Waterford Bridge Rd.
Sealed bids will be accepted by the trustee until noon June 2.
There are a number of schools that still operate, but were once part of the Roman Catholic school system before denominational education was dismantled in the 1990s.
According to documents on the Ernst and Young administrator website, the provincial government objects to school properties being included in the bidding process because the title interest of Episcopal Corp. on these is subject to legal and factual uncertainty.
“While the company does not agree with the positions put forward by the government, it recognizes that its interests in the school properties are subject to levels of factual uncertainty,” the document states.
“The company requested information from the school board to clarify these matters, but was advised that this information was not available. The company intended to offer its interest in the school properties, with full disclosure of any issues and/or informational uncertainties and to allow the market to respond to the opportunity as it saw fit. appropriate.
In addition, four presbytery properties have been put up for sale:
- 8 The Boulevard, St. John’s, $399,900;
- Coady’s Lane, Torbay, $389,900;
- 20 Boland Street, St. John’s, $299,900; and
- Burling Cres., St. John’s, $319,900.
Several offers have been received for the Boulevard, Boland Street and Burling Crescent properties. Offers have been accepted for the Boland Boulevard and Boland Street properties, but are subject to court approval.