KENTUCKY
The Cincinnati Post
By Luke E. Saladin
Post staff reporter
The Diocese of Covington has sold all but 40 acres of its Marydale Retreat Center for $25 million to partially fund a settlement for victims of priest sexual abuse.
Vinings Trace LLC, a subsidiary of Cincinnati-based Western & Southern Financial Group, purchased the 226 acres a week ago following six months of negotiations.
The company has not yet announced plans for the property, located off Donaldson Road near the Boone-Kenton county line.
The 40 acres retained by the Diocese includes the St. Pius X Priests' Cemetery and Catholic Center, formerly the St. Pius X Seminary building.