One more piece of The Second Mile’s assets may be sold off, if a judge agrees.
The children’s charity founded by now convicted abuser Jerry Sandusky filed a request in Centre County Court on Tuesday to sell of a 60-acre chunk of property on Bernel Road to Michael Lee for $1.05 million.
According to court documents, that price is above the $910,000 price estimated in a July appraisal of the property’s value.
Second Mile CEO Dave Woodle said the request is similar to what the charity did previously in selling its office building property.
“The Second Mile believes the planned use of the land as a recreational complex will benefit the entire community,” he said.
Earlier this year, the group sought, and received, permission to transfer some of its assets, including the $596,000 endowment fund to Arrow Family and Child Ministries in Texas.
When he allowed that move in July, Judge William Morgan, of Warren and Forest counties, said in his order that remaining money and property stay in Second Mile hands until final resolution of all litigation, or until a further court order.
In May, at Lee’s request, Patton Township supervisors changed the parcel’s zoning to allow for a recreation facility.