Superintendent Keith Beeman’s buyout contract will be reviewed by the School District 2 board during a special meeting Monday night.
Beeman and SD2’s lawyer, Jeff Weldon, — along with trustees Kathy Aragon and Lindy Graves — have been working on the terms of Beeman’s departure since the board voted to terminate his contract in a special meeting last week.
“It’ll be in the packet for Monday’s meeting,” Chairwoman Barbara Bryan said of Beeman’s buyout agreement.
Under Beeman’s current contract, the board is given the authority to terminate him without cause, which it did at the special meeting last week.
Under that provision, the contract then requires the district to pay out 50 percent of the remainder of Beeman’s contract and 100 percent of his benefits.
Beeman’s contract would have ended in June 2012. He earns $160,000 a year.
However, in last week’s meeting, Weldon advised the board to negotiate a buyout with Beeman rather than just follow the contract language.
A decision by the state Supreme Court over the summer may cast legal shadows over provisions like the one in Beeman’s contract, Weldon said.
The agreement to be presented to the board this Monday will include the amount and details of Beeman’s severance package and the date for Beeman’s departure from SD2.
In the meantime, trustees Connie Wardell and Travis Kemp are working to create the process the board will use to name Beeman’s interim successor.
“It’s not formal enough to talk about now,” Wardell said.
But, she said, they’ll likely bring in some community members to help them figure out their method for choosing the interim superintendent.
In last week’s meeting, trustees gave themselves until Oct. 31 to have the process in place and Beeman’s buyout settled.