Saturday's Internet Edition, May 17, 2008.
Davie Native Interim Superintendent
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Lane will continue to receive his monthly salary until he finds other employment, or until June 30, 2008, whichever comes first.
“This is a fair agreement for everybody, for both Dr. Lane and for the Board of Education,” said education board attorney, Dan Womble.
The board voted unanimously to ask W.G. “Dub” Potts to serve as interim superintendent, effective July 1, on a month-by-month basis.
Lane’s contract, which did not end until June 30, 2009, included a monthly salary of $10,712, not including his $500 per month car allowance, because he used his personal car, and not including a $5,000 bonus he received last year. Theoretically, Womble said, Lane could have asked for, and received, the full amount, $257,088, until 2009.
Under the negotiated agreement, if Lane is employed before June 30, 2008, his monthly payments will cease, unless under new employment, he is earning less than his current salary. If that happens, Womble said, the board will pay the difference between the new monthly salary and his current monthly salary, but only for one year.
The agreement states, “In no event shall the payments the board is obligated to make continue beyond June 30, 2008.”
Lane’s insurance and retirement benefits will also continue to be paid, until he is reemployed.
Lane said it was a “fair agreement. I have two children starting college this fall, and I have to look after my family. My goal was to have an agreement that was fair to me, fair to the board and fair to the citizens of Davie County, and I believe this is.”
Lane said his goal after leaving the county is to be “employed as quickly as possible” in another position.
Womble said he wanted to make it clear that the money Lane is being paid will come from the board’s ... subscribe to the Davie County Enterprise Record, P.O. Box 99, Mocksville, N.C. 27028.