At 6 p.m. on Tuesday people can tune into 104.9 FM on their radio, or visit the bank and bid on items.
Bidders need to give the item number and the amount they want to spend. When the item gets sold it is marked off the auction list.
Winners can pick up their items at the bank during auction hours, or wait until after the auction closes on October 23.
The fundraiser has been held in the basement of the bank for the past four years.
Rotary Club Member Jim Holloway, who has been with the club since 1972, said the organization hosts the event every year to raise funds for Grayson County students.
“These are loans, not grants,” Holloway explained. “The average loan is for $500 to $750 a semester. It is based on the need of a student or an area, depending on what support is coming from home.”
Funds collected each year are anywhere from $5,000 to $6,000 a year. Holloway added, “It may be lower this year though, with the way the economy has been.”
Holloway feels the loans are a way to help students further their education.
“We have been able to help hundreds and hundreds of students to go on and further their education,” Holloway said.
Holloway explained some of the donated goods are tickets to Bristol Motor Speedway, American League Baseball memorabilia, and restaurant gift certificates.
The 25 active club members starting planning for the event in August of this year.
“Since we have done this each year for several years,” mentioned Holloway. “It does not take us as long as it used to.”
Holloway said the idea for the auction came years ago from another area Rotary Club doing the same thing.
At that time loans were not available for students to further their education into college. The organization thought it would be a good idea to host a fundraiser each year to help the kids.
Holloway’s most memorable experience with the live auction took place in the 80s with two men arguing over a steak dinner.
“There were these two local men from Southland Manor in Leitchfield,” remembered Holloway. “The business used to be across from St. Joseph Catholic Church. They both were bidding for a steak dinner.”
After the bid got so high between one another the men decided to split the cost and the dinner. A partial list of items are available at www.grayson-county.org.






