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Update on Brac Bohannon’s $5,000 bonus/raise

Update on Brac Bohannon’s $5,000 bonus/raise—this addition to Mr. Bohannon’s salary was written into the contract when he was hired.  It is unclear if this is a one-time $5,000 bonus or a salary increase of $5,000, but either way the BOC’s are looking into it.  According to what we’ve been told, this “bonus” was to be given to Mr. Bohannon when the digest came into compliance.  (We paid $175,000+ to a firm to do the revaluation, and Mr. Bohannon gets a $5,000 bonus because the digest came in at near 40% of Fair Market Value, as it is suppose to.)

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