Sale of Beloit
MADISON -- The Diocese of Madison has sold the building which formerly housed Beloit Catholic High School to a Janesville developer, Bishop William H. Bullock announced Aug. 26.
Ken and Diane Hendricks officially bought the property Aug. 21 for $250,0000, said Greg Keller, the Diocese of Madison's director of finance. He said that since the school closed, $87,461 has been returned to the three Beloit parishes to use toward developing Catholic education.
Keller said the rest of the proceeds from the sale will be used to pay off the church unemployment pay program and maintenance costs over the last two years when the building was not occupied. The remainder of the proceeds will be used to reduce the school's debt.
Hendricks told the Beloit Daily News last month that he would be making an investment in the building to fix the roof and gym floor. Hendricks will retain ownership of the site but plans to open it up for various public uses.
"We hope to use the building for a variety of community groups," he told the Beloit paper and added that the site and grounds with its gym and large field for soccer and/or football would be ideal for youth purposes.
"We're going to poll the city and find out what the needs are. We're very community-oriented people and we want to help the community," he said.
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