Relocation and Moving Expenses. To partially offset closing costs, legal fees, and other onetime relocation expenses, the District will reimburse the Superintendent, in an amount equal to three percent (3%) of her annual salary, plus the actual costs for moving company services up to a cap of the average of three bona fide moving estimates from moving companies. Such reimbursement is a onetime payment to be made after a move is completed and it shall be made only if the Superintendent’s relocation is to reside within the boundaries of the District. This provision will expire on June 30, 2024. To the extent such payments are taxable, the parties shall comply with any applicable IRS regulations for appropriate withholdings. Such payments herein shall not be PSERs eligible payments.
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Sources: Employment Agreement, Employment Agreement