The Diocese of Sacramento obtained approval from the Bankruptcy Court to sell a property located in Oroville, California for $415,000.00. The net proceeds of the sale will stay with the Diocese until the case is resolved.   In the professional opinion of FTI (the Official Committee’s real estate advisors), this sale price is within the range of reasonable values for the property, so the Committee supports the sale.  The Committee will continue to review all real estate sales proposed by the Diocese to ensure that the maximum amount will be available to Survivors in a bankruptcy settlement.