By Leeann Akers - Editor
Dec. 18, 2013 — The old Carter Elementary School has been auctioned and sold for $78,000.
The buyer, Charles Kitchen, has not said what he plans to do with the building or land.
He was unavailable for comment at press time.
Currently, the Carter Board of Education has three other surplus properties for sale.
The old Upper Tygart Elementary has been offered to the Northeast Community Action Agency for fair market value. A recent appraisal set the price at $80,000.
Northeast now is located in the old Erie school property in Olive Hill, which was built in the 1930s.
“We've been talking with Board of Education about the prospect of purchasing the old Upper Tygart building,” said Northeast Director David Carroll. “We are excited about the prospect and will make an announcement as soon as we can.”
The old Olive Hill Elementary School has been offered to the Olive Hill Historical Society for $45,000.
All three proposed sales were approved by the school board during its regular monthly meeting Monday, pending final approval of the Kentucky Department of Education.
Also on the surplus property list is the old Erie school but no action will be taken until the Upper Tygart transaction is finalized.
By law, a school board may sell surplus property through any of three methods -- auction, sealed bid or at appraised fair market value.
Leeann Akers can be reached at email@example.com or by phone at 474-5101.