A4 The herald ews W ovember 17, 2021 Reform current ...
1
A4 THE HERALD-NEWS WEDNESDAY, NOVEMBER 17, 2021 Selling the Earth and Everything On It www.barrrealtyauction.com Mark Barr Auctioneer Realtor 270-257-2136 Jamie Barr Broker Auctioneer 270-945-0403 270-756-2136 or 270-547-2136 Dennie Armes, Auctioneer/Realtor 270-617-1051 Stephen Barr, Auctioneer/Broker 270-668-9955 Evan Barr, App. Auctioneer 270-547-0377 Chuck Doan, Realtor 270-668-2242 Chris Barr, Realtor/Auctioneer 270-945-2111 ABSOLUTE ONLINE BIDDING ONLY BIDDING ENDS WED., DEC. 1ST @ 3:00 PM CST LOCATED IN GRAYSON COUNTY at 505 Morgantown Street Caneyville, KY 42721. From downtown Caneyville, take Morgantown Street south 0.7 miles toward the WK Parkway to Gary’s Gun Shop on the right. (Signs Posted). 14 miles west of Leitchfield, KY and 19 miles north of Morgantown, KY. BARR REALTY & AUCTION CO., INC. has been selected By Gary’s Gun Shop, Gary & Karen Woosley Owners, to conduct this online Absolute Auction. Auctioneers Mark Barr, Stephen Barr, Jamie Barr, Chris Barr, Dennie Armes, Bobby Carwile and App. Evan Barr with offices in Hardinsburg & Brandenburg, KY. AMMUNITION • HAND GUN MAGAZINES • HOLSTERS GUN CLEANING SUPPLIES • MUZZLE LOADING SUPPLIES • GUN PARTS • KNIVES • METAL SHELVING WOODEN GUN DISPLAY RACKS • MISCELLANEOUS Going on the Auction Block by Online Bidding will be miscellaneous ammunition, handgun magazines, holsters, gun cleaning supplies, muzzleloading supplies, used and new gun parts, knives, gun advertising banners, various tin advertising signs, double sided metal shelving, wooden long gun display racks and lots of miscellaneous items. All lots will be displayed on Barr Realty & Auction Company’s online catalog. INSPECTION: Items will be available for inspection Tuesday, November 23rd, 2021 from 3:00 PM to 6:00 PM CST. PAYMENT & PICKUP: By appointment only for winning bidders on Friday, December 3rd from 12:00 PM to 5:00 PM CST and Saturday, December 4th from 9:00 AM to 3:00 PM CST at 505 Morgantown Street, Caneyville KY 42721. Winning bidders will be contacted by email and text message within 24 hours of the auction ending with appointment sign up link information. Acceptable forms of payment are cash or good check only, NO CREDIT CARDS. No items will be shipped, no exceptions. Selling by all ATF rules and regulations. TERMS & CONDITIONS: REAL ESTATE: Payment to be in the form of cash or good check. (NO CREDIT OR DEBIT CARDS ACCEPTED). POSSESSION: After payment in full on item pickup date. AMMUNITION: All will be sold by all ATF rules and regulations. All ammunition and/or reloaded ammunition is strictly being sold in as is, where is condition. All purchasers should inspect or have inspected prior to firing. Other online bidding terms and conditions apply. BUYERS PREMIUM: A 10% buyer’s premium will be added to all winning bids to determine the final selling price. A 6% KY sales tax will be charged on the final selling price which includes the 10% Buyer’s Premium on Personal Property. IMPORTANT NOTICE: All real estate sold as is where is condition with no warranty or guarantee expressed or implied. Although information has been obtained from sources deemed to be reliable, neither the seller nor the auctioneer makes any warranty or guarantee, expressed or implied, as to the accuracy of the information herein contained. It is for this reason that buyers should avail themselves of the opportunity to make an inspection prior to the auction. All announcements from the auction block take precedence over any printed material or any oral statements made. Not responsible for accidents. GARY’S GUN SHOP GARY AND KAREN WOOSLEY, OWNERS Bidding Ends Wed., Dec. 1st @ 3:00 PM CST Auctioneers/Brokers: Larry Butler, Broker Brian Carman, Apprentice Evan Tate, Apprentice Nancy Butler, Assoc. Broker Wanda Compton—Sales Associate/Appr. 270-756-5660 Saturday, November 20 @ 11 a.m. EST Located in Irvington, Breckinridge County at 210 East Walnut St. ANTIQUE FURNITURE See More Photos on Website! Terms And Conditions: Buyer’s Premium: A 10% Buyer’s Premium Will Be Added To All Winning Bids To Determine The Final Sale Price. Full Payment Day Of Auction. All Property, Is Being Sold ”As Is” With No Warranties Or Guarantees Expressed Or Implied By The Sellers Or Sell- er’s Agents. Information For This Advertisement Was Obtained From Sources Deemed To Be Reliable, However, Buyers Should Inspect The Property Prior To The Auction And Rely Upon Their Own Judgement. All Announcements Made The Day Of Auction By The Auctioneer Take Precedence Over Any Printed Or Electronically Produced Material. www.larrybutlerrealty.com Mrs. Thelma Robinson Estate 20 Pieces of Antique Furniture ABSOLUTE Selling the Earth and Everything On It www.barrrealtyauction.com Mark Barr Auctioneer Realtor 270-257-2136 Jamie Barr Broker Auctioneer 270-945-0403 270-756-2136 or 270-547-2136 Dennie Armes, Auctioneer/Realtor 270-617-1051 Stephen Barr, Auctioneer/Broker 270-668-9955 Evan Barr, App. Auctioneer 270-547-0377 Chuck Doan, Realtor 270-668-2242 Chris Barr, Realtor/Auctioneer 270-945-2111 ONLINE BIDDING ONLY BIDDING ENDS TUES., NOV. 30TH @ 3:00 & 4:00 PM CST LOCATED IN GRAYSON CO., KY at 505 Morgantown Street Caneyville, KY 42721. From downtown Caneyville, take Morgantown Street south 0.7 miles toward the WK Parkway to the Real Estate on the right. (Signs Posted). 14 miles west of Leitchfield, KY and 19 miles north of Morgantown, KY. BARR REALTY & AUCTION CO., INC. has been selected by Gary’s Gun Shop, Gary & Karen Woosley Owners, to conduct this online Absolute Auction. Auctioneers Mark Barr, Stephen Barr, Jamie Barr, Chris Barr, Dennie Armes, Bobby Carwile and App. Evan Barr with offices in Hardinsburg & Brandenburg, KY. COMMERCIAL BUILDING AND 1 ACRE Going on the Auction Block by online bidding only will be a 2,380 +/- sq. ft. concrete block commercial building consisting of a large retail/ showroom area with built in counter and display cabinets, restroom and a large kitchen/storage/utility room area. The building is heated by electric heat pump, has central air, paneling wall covering, metal lined ceilings, painted concrete flooring and a covered concrete porch/entrance area. The building is situated on a large 1 acre lot with concrete driveway entrance, large gravel parking lot and has city water and city sewer services. INSPECTION: The Real Estate will be available for inspection Tuesday, November 23rd, 2021 from 3:00 PM to 6:00 PM CST. Please inspect prior to bidding. Per CDC guidelines Social Distancing and Face Masks required for all in person interactions. If you need help registering or placing a bid call us at 270-756-2136. 209 HANDGUNS • 51 LONG GUNS GLOCK • SMITH & WESSON • SIG SAUER TAURUS • KELTEC • REMINGTON • WINCHESTER CRICKETT • MOSSBERG • THOMPSON CENTER CVA • SAVAGE • ROSSI • AKKAR • GIRSAN AND VARIOUS OTHER MANUFACTURERS Selling by online bidding only will be 209 handguns and 51 long guns consisting of mostly new and some used firearms. All lots will be displayed on Barr Realty & Auction Company’s online catalog. INSPECTION: Items will be available for inspection Tuesday, November 23rd, 2021 from 3:00 PM to 6:00 PM CST. PAYMENT & PICKUP: By appointment only for winning bidders on Friday, December 3rd from 12:00 PM to 5:00 PM CST and Saturday, December 4th from 9:00 AM to 3:00 PM CST at 505 Morgantown Street, Caneyville KY 42721. Winning bidders will be contacted by email and text message within 24 hours of the auction ending with appointment sign up link information. Acceptable forms of payment are cash or good check only, NO CREDIT CARDS. No items will be shipped, no exceptions. Selling by all ATF rules and regulations. TERMS AND CONDITIONS: REAL ESTATE: A $15,000.00 deposit will be required within 48 hours of the auction ending time. Deposit to be made in the form of cash, cashiers check, personal check with bank letter guaranteeing funds or wire transfer. Balance due by December 31st, 2021 by 4:00 PM CST. POSSESSION: Date of new deed transfer only. TAXES: 2021 City and County real estate taxes will be paid by the sellers. GUNS: Payment to be in the form of cash or good check. (NO CREDIT OR DEBIT CARDS ACCEPTED). POSSESSION: After payment in full on item pickup date. All guns will be sold by all ATF rules and regulations. There will be a background clearance check required on all gun buyers. The background check will be completed by Gary’s Gun Shop at no charge to the buyers. All handgun buyers will be required to be 21 years of age and a Kentucky resident. All long gun buyers will be required to be 18 years of age and any out of state buyers of long guns must pick up in person on item pickup date. All guns must be picked up by the actual gun buyer. NO GUNS WILL BE SHIPPED. NO EXCEPTIONS. BUYERS PREMIUM: A 10% buyer’s premium will be added to all winning bids to determine the final selling price. A 6% KY sales tax will be charged on the final selling price which includes the 10% Buyer’s Premium on Personal Property. IMPORTANT NOTICE: All real estate sold as is where is condition with no warranty or guarantee expressed or implied. Although information has been obtained from sources deemed to be reliable, neither the seller nor the auctioneer makes any warranty or guarantee, expressed or implied, as to the accuracy of the information herein contained. It is for this reason that buyers should avail themselves of the opportunity to make an inspection prior to the auction. All announcements from the auction block take precedence over any printed material or any oral statements made. Not responsible for accidents. GARY’S GUN SHOP GARY AND KAREN WOOSLEY, OWNERS Bidding Ends Tues., Nov. 30th @ 3:00 PM CST Bidding Ends Tues., Nov. 30th @ 4:00 PM CST Selling the Earth and Everything On It www.barrrealtyauction.com Mark Barr Auctioneer Realtor 270-257-2136 Jamie Barr Broker Auctioneer 270-945-0403 270-756-2136 or 270-547-2136 Dennie Armes, Auctioneer/Realtor 270-617-1051 Stephen Barr, Auctioneer/Broker 270-668-9955 Evan Barr, App. Auctioneer 270-547-0377 Chuck Doan, Realtor 270-668-2242 Chris Barr, Realtor/Auctioneer 270-945-2111 ABSOLUTE ONLINE BIDDING ONLY BIDDING ENDS MON., DEC. 6TH @ 3:00 & 4:30 PM CST LOCATED IN BRECKINRIDGE COUNTY AND GRAYSON COUNTY. Selling 8 rental homes in 8 parcels - 6 in Hardinsburg, KY, 1 in Irvington, KY and 1 in Leitchfield, KY. BARR REALTY & AUCTION CO., INC. has been selected by Dowell Rentals LLC., to conduct this Online Absolute Auction. Auctioneers Mark Barr, Stephen Barr, Jamie Barr, Chris Barr, Dennie Armes, Bobby Carwile, and App. Evan Barr with offices in Hardinsburg and Brandenburg, KY. 8 HOMES IN 8 PARCELS Parcel 1: Located at 411 E. 7th St. Hardinsburg, KY 40143. Consisting of a 3 bedroom vinyl siding home with 1 ½ baths, utility room and garage on nice lot. Parcel 2: Located at 314 E. 6th Street Hardinsburg KY 40143. Consisting of a 3 bedroom vinyl siding home with 1 bath on nice lot. Parcel 3: Located at 315 E. 6th Street Hardinsburg, KY 40143. Consisting of a 3 bedroom brick home, 1 bath, attached garage on nice lot. Parcel 4: Located at 117 Willoughby Street Hardinsburg, KY 40143. Consisting of a 3 bedroom brick home with 1 bath & carport on a nice lot. Parcel 5: Located at 119 Willoughby Street Hardinsburg, KY 40143. Consisting of a 3 bedroom brick home with 1 bath & carport on nice lot. Parcel 6: Located at 120 Willoughby Street Hardinsburg, KY 40143. Consisting of a 3 bedroom brick home with 1 1/2 baths and carport on nice lot. Parcel 7: Located at 502 Valley View Street Irvington, KY 40146 behind the Green Valley Restaurant. Consisting of a 2 bedroom Bedford stone home, 1 bath, full walkout basement on large lot. Parcel 8: Located in Grayson County in the city limits of Leitchfield, KY at 502 Alexander Drive Leitchfield, KY 42754 and also fronts Salt River Road just east of Hunt’s Classic Cleaners. Consisting of a 3 bedroom brick home with 1 bath and full basement on a nice lot. Parcels 1 and 7 are vacant. Parcels 2, 3, 4, 5, 6, 7 and 8 are currently rented. Parcels 1 through 8 all have city utilities. For more information about all parcels visit our website at www. barrrealtyauction.com. IMPORTANT NOTICE ON INSPECTION DATE & TIMES: To respect the privacy of the occupants of Parcels 2, 3, 4, 5 & 6 there will be only one inside viewing of the homes. Parcels 2, 3, 4, 5 & 6 can be viewed on Saturday, November 27th, 2021 from 10:00 AM CST to 12:00 PM CST (Noon). Parcels 1, 7 & 8 will be shown by appointment only by contacting Auctioneers Mark Barr at 270-257-2136, Jamie Barr at 270-945-0403 or Dennie Armes at 270-617-1051. Please inspect prior to bidding. Per CDC guidelines Social Distancing and Face Masks required for all in person interactions. If you need help registering or placing a bid call Barr Realty & Auction Co., Inc. at 270-756-2136. TERMS & CONDITIONS: REAL ESTATE: Parcels 1, 2, 3, 4, 5, 6, 7 & 8: will require a $7,000.00 deposit for each parcel within 48 hours of the auction ending time. Deposit to be made in the form of cash, cashier’s check, personal check with up to date bank letter guaranteeing funds or wire transfer. All balances are due by January 14th, 2022 by 4:00 PM CDT. POSSESSION: Date of new deed transfer only for vacant Real Estate. The buyer will take landlord possession of all rented parcels of Real Estate at time of closing only. TAXES: 2021 Real Estate county/city taxes will be paid by seller. 2022 county/city taxes will be paid by buyer. Other online bidding terms apply, see www.barrrealtyauction.com for details. BUYERS PREMIUM: A 10% buyer’s premium will be added to all winning bids to determine the final selling price. IMPORTANT NOTICE: All real estate sold as is where is condition with no warranty or guarantee expressed or implied. Although information has been obtained from sources deemed to be reliable, neither the seller nor the auctioneer makes any warranty or guarantee, expressed or implied, as to the accuracy of the information herein contained. It is for this reason that buyers should avail themselves of the opportunity to make an inspection prior to the auction. All announcements from the auction block take precedence over any printed material or any oral statements made. Not responsible for accidents. DOWELL RENTALS LLC, OWNER NOTICE: The Online Bidding Only for Parcels 1, 2, 3, and 4 to end Monday, December 6th @ 3:00 PM CST. NOTICE: The Online Bidding Only for Parcels 5, 6, 7 and 8 to end Monday, December 6th @ 4:30 PM CST. Recent coverage of a slight increase in the Kentucky Employees Retirement System’s (KERS) funding level offers some needed perspective on the current environ- ment. Consider that KERS was 140% funded in 2000 but fell to below 13-percent funding in 18 years. Investment returns north of 20% and an infusion of taxpayer funds via government of $1.13 billion barely moved the needle this year; even after all those dollars, the system’s barely 18% funded. If I were a state government retiree, I’m certain I wouldn’t hold the view of Larry Totten, who sits on the Kentucky Retirement Systems board audit committee, that “this is terrific” – especially considering taxpayers are already dealing with Washington-induced inflation playing Pac-Man on steroids with citizens’ paychecks and the state’s two large retirement systems seeking $4.6 billion in the next budget. Rather, count me in agreement with Lexington Herald- Leader reporter John Cheves’ pithy prognosis: “Eighteen percent is still dangerously low, potentially one stock market crash away from disaster.” The Teachers’ Retirement System wants $2.5 billion of that requested funding in next year’s state budget. Even if that happens, recent history tells us that simply throwing more money at the systems isn’t strengthening them nearly – nor nearly fast – enough. Without addressing expenditures – which, in the case of pension systems, center on benefits – such demands on taxpayers will continue with little, if any, movement of the needle. While it would be patently unfair and assuredly ille- gal to either take away already-earned benefits or break already-made promises, it’s entirely reasonable to reform those not covered by Kentucky’s inviolable contract with its teachers, including: · Ending the use of sick day benefits to spike pensions. While local school districts should continue to have the option of providing retiring teachers a benefit for not using their sick days, those benefits shouldn’t be applied to final years’ salaries in order to spike retirees’ lifetime pension payments. Allowing the accrual of sick days to enhance final compensation until legislation is passed ending it would ensure that no promises – nor perceived assurances – are broken, yet would allow ending a benefit currently cost- ing taxpayers nearly $40 million annually. · Eliminating use of longer-serving members’ highest three years of salary compensation formula. Currently, each beneficiary starts out with a formula that bases their retirement benefits on their highest five years of salary. However, that changes to the highest three years of salary for beneficiaries who reach age 55 with at least 27 years of service. Considering there are more than 73,000 active benefi- ciaries, eliminating the high-three provision and deter- mining all future TRS pensions based on the highest five years of salary would reduce costs and bring more cer- tainty to the system by making it easier both to anticipate and calculate future pension obligations. But this need not be a bull-in-the-china-shop approach. It can be done gradually by allowing those close to re- tirement to still obtain the high-three benefit while giving those farther away sufficient time to plan appropriately for its removal. · Eliminating the 3% multiplier. Currently those who reach 30 years in the system are allowed to boost their pension from 2.5% to 3% of final average compensation for each year of service. Thousands of beneficiaries receiving this bump over a period of years puts unnecessary strain on the system. An adjustment to eliminate the 3% multiplier could be eased in by only applying it to those with less than 25 years of service so they would have time to plan – and anticipate – appropriately. Rigid states which don’t have constitutional or legal flexibility to address pension costs as part of changing economic landscapes have the nation’s biggest problems. A 2017 study by the Reason Foundation analyzing le- gal environments related to states’ ability to implement needed reforms found that states like Illinois and Cali- fornia are digging their pension holes deeper because of stifling constitutional and/or statutory provisions. Kentucky needs to take advantage of its ability to make allowable – and needed – reforms which can bring substantial changes to its pension systems which would at least allow it to quit digging. Jim Waters is president and CEO of the Bluegrass In- stitute for Public Policy Solutions, Kentucky’s free-mar- ket think tank. Read previous columns at www.bipps.org. He can be reached at [email protected] and @bipps on Twitter. Reform current pension benefits, ensure systems’ future survival By Jim Waters
Transcript of A4 The herald ews W ovember 17, 2021 Reform current ...
A4 The herald-News Wednesday, november 17, 2021
Selling the Earth and Everything On It
www.barrrealtyauction.com
Mark BarrAuctioneer
Realtor270-257-2136
Jamie BarrBrokerAuctioneer270-945-0403
270-756-2136 or 270-547-2136Dennie Armes, Auctioneer/Realtor 270-617-1051Stephen Barr, Auctioneer/Broker 270-668-9955
Evan Barr, App. Auctioneer 270-547-0377Chuck Doan, Realtor 270-668-2242
Chris Barr, Realtor/Auctioneer 270-945-2111
ABSOLUTE
ONLINE BIDDING ONLYBIDDING ENDS WED., DEC. 1ST @ 3:00 PM CST
LOCATED IN GRAYSON COUNTY at 505 Morgantown Street Caneyville, KY 42721. From downtown Caneyville, take Morgantown Street south 0.7 miles toward the WK Parkway to Gary’s Gun Shop on the right. (Signs Posted). 14 miles west of Leitchfield, KY and 19 miles north of Morgantown, KY. BARR REALTY & AUCTION CO., INC. has been selected By Gary’s Gun Shop, Gary & Karen Woosley Owners, to conduct this online Absolute Auction. Auctioneers Mark Barr, Stephen Barr, Jamie Barr, Chris Barr, Dennie Armes, Bobby Carwile and App. Evan Barr with offices in Hardinsburg & Brandenburg, KY.AMMUNITION • HAND GUN MAGAZINES • HOLSTERS
GUN CLEANING SUPPLIES • MUZZLE LOADING SUPPLIES • GUN PARTS • KNIVES • METAL SHELVINGWOODEN GUN DISPLAY RACKS • MISCELLANEOUS
Going on the Auction Block by Online Bidding will be miscellaneous ammunition, handgun magazines, holsters, gun cleaning supplies, muzzleloading supplies, used and new gun parts, knives, gun advertising banners, various tin advertising signs, double sided metal shelving, wooden long gun display racks and lots of miscellaneous items. All lots will be displayed on Barr Realty & Auction Company’s online catalog. INSPECTION: Items will be available for inspection Tuesday, November 23rd, 2021 from 3:00 PM to 6:00 PM CST. PAYMENT & PICKUP: By appointment only for winning bidders on Friday, December 3rd from 12:00 PM to 5:00 PM CST and Saturday, December 4th from 9:00 AM to 3:00 PM CST at 505 Morgantown Street, Caneyville KY 42721. Winning bidders will be contacted by email and text message within 24 hours of the auction ending with appointment sign up link information. Acceptable forms of payment are cash or good check only, NO CREDIT CARDS. No items will be shipped, no exceptions. Selling by all ATF rules and regulations.TERMS & CONDITIONS: REAL ESTATE: Payment to be in the form of cash or good check. (NO CREDIT OR DEBIT CARDS ACCEPTED). POSSESSION: After payment in full on item pickup date. AMMUNITION: All will be sold by all ATF rules and regulations. All ammunition and/or reloaded ammunition is strictly being sold in as is, where is condition. All purchasers should inspect or have inspected prior to firing. Other online bidding terms and conditions apply. BUYERS PREMIUM: A 10% buyer’s premium will be added to all winning bids to determine the final selling price. A 6% KY sales tax will be charged on the final selling price which includes the 10% Buyer’s Premium on Personal Property. IMPORTANT NOTICE: All real estate sold as is where is condition with no warranty or guarantee expressed or implied. Although information has been obtained from sources deemed to be reliable, neither the seller nor the auctioneer makes any warranty or guarantee, expressed or implied, as to the accuracy of the information herein contained. It is for this reason that buyers should avail themselves of the opportunity to make an inspection prior to the auction. All announcements from the auction block take precedence over any printed material or any oral statements made. Not responsible for accidents.
GARY’S GUN SHOPGARY AND KAREN WOOSLEY, OWNERS
Bidding Ends Wed., Dec. 1st @ 3:00 PM CST
Auctioneers/Brokers: Larry Butler, BrokerBrian Carman, Apprentice
Evan Tate, ApprenticeNancy Butler, Assoc. Broker
Wanda Compton—Sales Associate/Appr.270-756-5660
Saturday, November 20 @ 11 a.m. ESTLocated in Irvington, Breckinridge County at 210 East Walnut St.
ANTIQUE FURNITURE
See More Photos on Website!Terms And Conditions: Buyer’s Premium: A 10% Buyer’s Premium Will Be Added To All Winning Bids To Determine The Final Sale Price. Full Payment Day Of Auction. All Property, Is Being Sold ”As Is” With No Warranties Or Guarantees Expressed Or Implied By The Sellers Or Sell-er’s Agents. Information For This Advertisement Was Obtained From Sources Deemed To Be Reliable, However, Buyers Should Inspect The Property Prior To The Auction And Rely Upon Their Own Judgement. All Announcements Made The Day Of Auction By The Auctioneer Take Precedence Over Any Printed Or Electronically Produced Material.
www.larrybutlerrealty.com
Mrs. Thelma Robinson Estate20 Pieces of Antique Furniture
ABSOLUTE
Selling the Earth and Everything On It
www.barrrealtyauction.com
Mark BarrAuctioneer
Realtor270-257-2136
Jamie BarrBrokerAuctioneer270-945-0403
270-756-2136 or 270-547-2136Dennie Armes, Auctioneer/Realtor 270-617-1051Stephen Barr, Auctioneer/Broker 270-668-9955
Evan Barr, App. Auctioneer 270-547-0377Chuck Doan, Realtor 270-668-2242
Chris Barr, Realtor/Auctioneer 270-945-2111
ONLINE BIDDING ONLYBIDDING ENDS TUES., NOV. 30TH @ 3:00 & 4:00 PM CST
LOCATED IN GRAYSON CO., KY at 505 Morgantown Street Caneyville, KY 42721. From downtown Caneyville, take Morgantown Street south 0.7 miles toward the WK Parkway to the Real Estate on the right. (Signs Posted). 14 miles west of Leitchfield, KY and 19 miles north of Morgantown, KY.BARR REALTY & AUCTION CO., INC. has been selected by Gary’s Gun Shop, Gary & Karen Woosley Owners, to conduct this online Absolute Auction. Auctioneers Mark Barr, Stephen Barr, Jamie Barr, Chris Barr, Dennie Armes, Bobby Carwile and App. Evan Barr with offices in Hardinsburg & Brandenburg, KY.
COMMERCIAL BUILDING AND 1 ACRE
Going on the Auction Block by online bidding only will be a 2,380 +/- sq. ft. concrete block commercial building consisting of a large retail/showroom area with built in counter and display cabinets, restroom and a large kitchen/storage/utility room area. The building is heated by electric heat pump, has central air, paneling wall covering, metal lined ceilings, painted concrete flooring and a covered concrete porch/entrance area. The building is situated on a large 1 acre lot with concrete driveway entrance, large gravel parking lot and has city water and city sewer services. INSPECTION: The Real Estate will be available for inspection Tuesday, November 23rd, 2021 from 3:00 PM to 6:00 PM CST. Please inspect prior to bidding. Per CDC guidelines Social Distancing and Face Masks required for all in person interactions. If you need help registering or placing a bid call us at 270-756-2136.
209 HANDGUNS • 51 LONG GUNS GLOCK • SMITH & WESSON • SIG SAUER
TAURUS • KELTEC • REMINGTON • WINCHESTER CRICKETT • MOSSBERG • THOMPSON CENTER
CVA • SAVAGE • ROSSI • AKKAR • GIRSAN AND VARIOUS OTHER MANUFACTURERS
Selling by online bidding only will be 209 handguns and 51 long guns consisting of mostly new and some used firearms. All lots will be displayed on Barr Realty & Auction Company’s online catalog. INSPECTION: Items will be available for inspection Tuesday, November 23rd, 2021 from 3:00 PM to 6:00 PM CST. PAYMENT & PICKUP: By appointment only for winning bidders on Friday, December 3rd from 12:00 PM to 5:00 PM CST and Saturday, December 4th from 9:00 AM to 3:00 PM CST at 505 Morgantown Street, Caneyville KY 42721. Winning bidders will be contacted by email and text message within 24 hours of the auction ending with appointment sign up link information. Acceptable forms of payment are cash or good check only, NO CREDIT CARDS. No items will be shipped, no exceptions. Selling by all ATF rules and regulations. TERMS AND CONDITIONS: REAL ESTATE: A $15,000.00 deposit will be required within 48 hours of the auction ending time. Deposit to be made in the form of cash, cashiers check, personal check with bank letter guaranteeing funds or wire transfer. Balance due by December 31st, 2021 by 4:00 PM CST. POSSESSION: Date of new deed transfer only. TAXES: 2021 City and County real estate taxes will be paid by the sellers. GUNS: Payment to be in the form of cash or good check. (NO CREDIT OR DEBIT CARDS ACCEPTED). POSSESSION: After payment in full on item pickup date. All guns will be sold by all ATF rules and regulations. There will be a background clearance check required on all gun buyers. The background check will be completed by Gary’s Gun Shop at no charge to the buyers. All handgun buyers will be required to be 21 years of age and a Kentucky resident. All long gun buyers will be required to be 18 years of age and any out of state buyers of long guns must pick up in person on item pickup date. All guns must be picked up by the actual gun buyer. NO GUNS WILL BE SHIPPED. NO EXCEPTIONS. BUYERS PREMIUM: A 10% buyer’s premium will be added to all winning bids to determine the final selling price. A 6% KY sales tax will be charged on the final selling price which includes the 10% Buyer’s Premium on Personal Property. IMPORTANT NOTICE: All real estate sold as is where is condition with no warranty or guarantee expressed or implied. Although information has been obtained from sources deemed to be reliable, neither the seller nor the auctioneer makes any warranty or guarantee, expressed or implied, as to the accuracy of the information herein contained. It is for this reason that buyers should avail themselves of the opportunity to make an inspection prior to the auction. All announcements from the auction block take precedence over any printed material or any oral statements made. Not responsible for accidents.
GARY’S GUN SHOPGARY AND KAREN WOOSLEY, OWNERS
Bidding Ends Tues., Nov. 30th @ 3:00 PM CST
Bidding Ends Tues., Nov. 30th @ 4:00 PM CST
Selling the Earth and Everything On It
www.barrrealtyauction.com
Mark BarrAuctioneer
Realtor270-257-2136
Jamie BarrBrokerAuctioneer270-945-0403
270-756-2136 or 270-547-2136Dennie Armes, Auctioneer/Realtor 270-617-1051Stephen Barr, Auctioneer/Broker 270-668-9955
Evan Barr, App. Auctioneer 270-547-0377Chuck Doan, Realtor 270-668-2242
Chris Barr, Realtor/Auctioneer 270-945-2111
ABSOLUTE
ONLINE BIDDING ONLYBIDDING ENDS MON., DEC. 6TH @ 3:00 & 4:30 PM CST
LOCATED IN BRECKINRIDGE COUNTY AND GRAYSON COUNTY. Selling 8 rental homes in 8 parcels - 6 in Hardinsburg, KY, 1 in Irvington, KY and 1 in Leitchfield, KY.BARR REALTY & AUCTION CO., INC. has been selected by Dowell Rentals LLC., to conduct this Online Absolute Auction. Auctioneers Mark Barr, Stephen Barr, Jamie Barr, Chris Barr, Dennie Armes, Bobby Carwile, and App. Evan Barr with offices in Hardinsburg and Brandenburg, KY.
8 HOMES IN 8 PARCELS
Parcel 1: Located at 411 E. 7th St. Hardinsburg, KY 40143. Consisting of a 3 bedroom vinyl siding home with 1 ½ baths, utility room and garage on nice lot. Parcel 2: Located at 314 E. 6th Street Hardinsburg KY 40143. Consisting of a 3 bedroom vinyl siding home with 1 bath on nice lot. Parcel 3: Located at 315 E. 6th Street Hardinsburg, KY 40143. Consisting of a 3 bedroom brick home, 1 bath, attached garage on nice lot. Parcel 4: Located at 117 Willoughby Street Hardinsburg, KY 40143. Consisting of a 3 bedroom brick home with 1 bath & carport on a nice lot.
Parcel 5: Located at 119 Willoughby Street Hardinsburg, KY 40143. Consisting of a 3 bedroom brick home with 1 bath & carport on nice lot. Parcel 6: Located at 120 Willoughby Street Hardinsburg, KY 40143. Consisting of a 3 bedroom brick home with 1 1/2 baths and carport on nice lot. Parcel 7: Located at 502 Valley View Street Irvington, KY 40146 behind the Green Valley Restaurant. Consisting of a 2 bedroom Bedford stone home, 1 bath, full walkout basement on large lot. Parcel 8: Located in Grayson County in the city limits of Leitchfield, KY at 502 Alexander Drive Leitchfield, KY 42754 and also fronts Salt River Road just east of Hunt’s Classic Cleaners. Consisting of a 3 bedroom brick home with 1 bath and full basement on a nice lot. Parcels 1 and 7 are vacant. Parcels 2, 3, 4, 5, 6, 7 and 8 are currently rented. Parcels 1 through 8 all have city utilities. For more information about all parcels visit our website at www.barrrealtyauction.com. IMPORTANT NOTICE ON INSPECTION DATE & TIMES: To respect the privacy of the occupants of Parcels 2, 3, 4, 5 & 6 there will be only one inside viewing of the homes. Parcels 2, 3, 4, 5 & 6 can be viewed on Saturday, November 27th, 2021 from 10:00 AM CST to 12:00 PM CST (Noon). Parcels 1, 7 & 8 will be shown by appointment only by contacting Auctioneers Mark Barr at 270-257-2136, Jamie Barr at 270-945-0403 or Dennie Armes at 270-617-1051. Please inspect prior to bidding. Per CDC guidelines Social Distancing and Face Masks required for all in person interactions. If you need help registering or placing a bid call Barr Realty & Auction Co., Inc. at 270-756-2136. TERMS & CONDITIONS: REAL ESTATE: Parcels 1, 2, 3, 4, 5, 6, 7 & 8: will require a $7,000.00 deposit for each parcel within 48 hours of the auction ending time. Deposit to be made in the form of cash, cashier’s check, personal check with up to date bank letter guaranteeing funds or wire transfer. All balances are due by January 14th, 2022 by 4:00 PM CDT. POSSESSION: Date of new deed transfer only for vacant Real Estate. The buyer will take landlord possession of all rented parcels of Real Estate at time of closing only. TAXES: 2021 Real Estate county/city taxes will be paid by seller. 2022 county/city taxes will be paid by buyer. Other online bidding terms apply, see www.barrrealtyauction.com for details. BUYERS PREMIUM: A 10% buyer’s premium will be added to all winning bids to determine the final selling price. IMPORTANT NOTICE: All real estate sold as is where is condition with no warranty or guarantee expressed or implied. Although information has been obtained from sources deemed to be reliable, neither the seller nor the auctioneer makes any warranty or guarantee, expressed or implied, as to the accuracy of the information herein contained. It is for this reason that buyers should avail themselves of the opportunity to make an inspection prior to the auction. All announcements from the auction block take precedence over any printed material or any oral statements made. Not responsible for accidents.
DOWELL RENTALS LLC, OWNER
NOTICE: The Online Bidding Only for Parcels 1, 2, 3, and 4 to end Monday, December 6th @ 3:00 PM CST.
NOTICE: The Online Bidding Only for Parcels 5, 6, 7 and 8 to end Monday, December 6th @ 4:30 PM CST.
270-756-2109
Recent coverage of a slight increase in the Kentucky Employees Retirement System’s (KERS) funding level offers some needed perspective on the current environ-ment.
Consider that KERS was 140% funded in 2000 but fell to below 13-percent funding in 18 years.
Investment returns north of 20% and an infusion of taxpayer funds via government of $1.13 billion barely moved the needle this year; even after all those dollars, the system’s barely 18% funded.
If I were a state government retiree, I’m certain I wouldn’t hold the view of Larry Totten, who sits on the Kentucky Retirement Systems board audit committee, that “this is terrific” – especially considering taxpayers are already dealing with Washington-induced inflation playing Pac-Man on steroids with citizens’ paychecks and the state’s two large retirement systems seeking $4.6 billion in the next budget.
Rather, count me in agreement with Lexington Herald-Leader reporter John Cheves’ pithy prognosis: “Eighteen percent is still dangerously low, potentially one stock market crash away from disaster.”
The Teachers’ Retirement System wants $2.5 billion of that requested funding in next year’s state budget.
Even if that happens, recent history tells us that simply throwing more money at the systems isn’t strengthening them nearly – nor nearly fast – enough.
Without addressing expenditures – which, in the case of pension systems, center on benefits – such demands on taxpayers will continue with little, if any, movement of the needle.
While it would be patently unfair and assuredly ille-gal to either take away already-earned benefits or break already-made promises, it’s entirely reasonable to reform those not covered by Kentucky’s inviolable contract with
its teachers, including:· Ending the use of sick day benefits to spike pensions.While local school districts should continue to have
the option of providing retiring teachers a benefit for not using their sick days, those benefits shouldn’t be applied to final years’ salaries in order to spike retirees’ lifetime pension payments.
Allowing the accrual of sick days to enhance final compensation until legislation is passed ending it would ensure that no promises – nor perceived assurances – are broken, yet would allow ending a benefit currently cost-ing taxpayers nearly $40 million annually.
· Eliminating use of longer-serving members’ highest three years of salary compensation formula.
Currently, each beneficiary starts out with a formula that bases their retirement benefits on their highest five years of salary.
However, that changes to the highest three years of salary for beneficiaries who reach age 55 with at least 27 years of service.
Considering there are more than 73,000 active benefi-ciaries, eliminating the high-three provision and deter-mining all future TRS pensions based on the highest five years of salary would reduce costs and bring more cer-tainty to the system by making it easier both to anticipate and calculate future pension obligations.
But this need not be a bull-in-the-china-shop approach.It can be done gradually by allowing those close to re-
tirement to still obtain the high-three benefit while giving those farther away sufficient time to plan appropriately for its removal.
· Eliminating the 3% multiplier.Currently those who reach 30 years in the system are
allowed to boost their pension from 2.5% to 3% of final average compensation for each year of service.
Thousands of beneficiaries receiving this bump over a period of years puts unnecessary strain on the system.
An adjustment to eliminate the 3% multiplier could be eased in by only applying it to those with less than 25 years of service so they would have time to plan – and anticipate – appropriately.
Rigid states which don’t have constitutional or legal flexibility to address pension costs as part of changing economic landscapes have the nation’s biggest problems.
A 2017 study by the Reason Foundation analyzing le-gal environments related to states’ ability to implement needed reforms found that states like Illinois and Cali-fornia are digging their pension holes deeper because of stifling constitutional and/or statutory provisions.
Kentucky needs to take advantage of its ability to make allowable – and needed – reforms which can bring substantial changes to its pension systems which would at least allow it to quit digging.
Jim Waters is president and CEO of the Bluegrass In-stitute for Public Policy Solutions, Kentucky’s free-mar-ket think tank. Read previous columns at www.bipps.org. He can be reached at [email protected] and @bipps on Twitter.
Reform current pension benefits, ensure systems’ future survival
By Jim Waters
