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HILLSVILLE — Carroll schools made some money by auctioning off almost four acres behind the former Hillsville elementary school on Sept. 21, bringing in some funds to put towards future capital improvement projects.
Two interested parties showed up at the auction at the south end of Veterans Street to bid on the three tracts that were sold as one.
The property lay behind the Grover King Veterans of Foreign Wars Post 1115. Representatives of the post were there in force.
Attorney Joey Haynes, representing the schools, noted before the sale that the land is designated residential zoning by Hillsville. He also said that the seller would retain the right to park school buses on the property in perpetuity.
Parking school buses there has been a long-standing tradition in the summer months.
Would the schools continue to move the school buses out before Labor Day weekend? asked an auction attendee. That’s when the VFW hosts hundreds of vendors for the gigantic gun show and flea market.
Haynes answered that the buyer could approach the school board and ask the officials to amend that clause.
No time limit for school bus parking had been specified.
Auctioneer Sam Patton took the bids for Kyle Realty. “I’ve got a question: what are you willing to pay for it?” he said.
Bids started at $50,000 and rose to $110,000 before the auction closed.
The VFW won the auction. Its attorney, Raquel Lyons, advised the group to request the school board to make the amendment on the parking of school buses.
The cost of the land reached the appraisal estimate for the land, school officials said after the auction. The proceeds, minus auction expenses, will go toward capital projects.
“Proceeds from the sale will be deposited into a capital improvement fund to be used for new school construction, school renovation or major school improvement projects," according to information in leading up to the auction.