Attorneys for The Second Mile are asking a judge to approve the sale of the charity’s headquarters on South Atherton Street.
The nonprofit organization for at-risk children started by convicted pedophile Jerry Sandusky has found a buyer for the two-story office building.
But State College-based A.G.L. 2 Limited Partnership, which has agreed to purchase the building for $650,000, will not proceed to closing without a court order approving the sale, according to documents.
Judge William Morgan has scheduled a March 28 hearing on The Second Mile’s request to sell.
The 69-year-old Sandusky is in solitary confinement serving a state prison sentence of 30 to 60 years for sexually abusing young children, sometimes on the Penn State campus.
Sandusky met most of his victims through the charity he founded in 1977. Now some of those accusers are pursuing claims against The Second Mile.
The charity will use proceeds from the sale to pay for victims’ claims, legal fees and insurance, as well as for ongoing programs and activities, attorneys wrote in the filing.
According to the document, the charity determined it no longer needs the space on South Atherton Street and can operate from a facility it rents in Bellefonte.
Attorneys for The Second Mile asked for expedited consideration of the sale request so the charity can meet the required closing date of April 25.
The Second Mile acquired the property in December 1999 for $1 as a donation from the previous owners, according to the documents.
It was valued at $560,000 in its most recent appraisal in December 2011.