The Diocese of Sacramento has proposed the sale of a property located around Highway 80 & Placer Hills Road in Colfax California for $450,000. The proceeds will stay with the Diocese until the case is resolved.   In consultation with FTI, our real estate advisors, this sale would be within the range of reasonable value for the property, so the Committee is not objecting.  The Committee will continue to review all proposed real estate sales to ensure that the maximum amount will be available to Survivors in a bankruptcy settlement.