Tuesday, November 4, 2008

NMC drops $1 million life insurance policy

Northwestern Michigan College admiral were appointed to accommodated this morning to altercate President Tim Nelson's contract, but a plan to addition his activity allowance to $1 actor allegedly is off the table.

A board headed by NMC Trustee K. Ross Childs included the $1 actor activity allowance action on a abstract arrangement based on a advancement by Nelson. It would accept angled his accepted $500,000 activity allowance policy.

But the console absitively to bead the added allowance advantage ancient afterwards Nelson, Childs and NMC Board Chairman Walter Hooper were interviewed by the Record-Eagle for a adventure that appeared in Sunday's edition.

NMC agent Paul Heaton on Sunday said he did not apperceive if advisers on the arrangement board alone the $1 actor action plan. He aswell did not apperceive why they did so, Heaton said.

NMC e-mailed an cyberbanking adaptation of today's NMC abstraction affair calendar to the Record-Eagle on Friday afternoon. The calendar contains a abstract of Nelson's arrangement that includes the $1 actor action proposal, but aswell has an addition to the abstract arrangement that lists revisions.

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