The sale of St. Catharine College near Springfield has hit a bump in the road.
According to documents filed in federal court, the sale date has been extended because the purchaser was unable to fund the sale.
A new closing date has been set for June 4, along with payments being added to the purchase price, including a non-refundable $470,000 payment, “which shall constitute a credit against the total purchase price at closing (sic).”