County Board of Education files suit against former superintendent - Morgan Hill Times: Schools

County Board of Education files suit against former superintendent

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Posted: Friday, December 14, 2012 5:18 pm

The Santa Clara County Board of Education filed a lawsuit Dec. 11 against former County Superintendent of Schools Dr. Charles Weis to recover proceeds the board loaned him for a condo in San Jose.  

During his four years of service, Weis was provided with a $915,000 housing loan as part of his employment contract. According to various reports, he used $890,000 of that to secure a condo in downtown San Jose about five miles away from the district office. 

After retiring June 30, Weis noted that he wished to turn the condo – which has dropped significantly in value since it was purchased in 2008 over to the County Board of Education.

Weis, however, did not pursue any other steps to properly transfer the property or repay his housing loan to the board, according to a press release by the Santa Clara County Board of Education. 

Despite efforts by the board to come to an agreement on how to handle the property, Weis has not cemented a plan for resolving the debt on his condo, according to the press release. 

The County Board of Education chose to pursue legal action against Weis to establish title of the condo property and recover the remaining funds from the loan. The suit is for $952,409.69. 

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1 comment:

  • donkruse posted at 9:59 am on Fri, Dec 21, 2012.

    donkruse Posts: 1

    I don't understand why the Board agreed to a real estate loan in the first place. The salary itself was already quite generous. I worked as a teacher for the same organization and my salary was 6 times lower... and I would have been laughed at had I asked for a real estate loan. ( I feel many school superintendents overvalue their services.) I'd like to know if the loan was an element of the initial employment contract or it was requested during employment. As a question: How did the board justify themselves in going into the real estate business? and - Did the Superintendents credit rating preclude him from securing the loan from a bona fide agency ?
    I would like to see our South County's board member provide an answer to the Timesin this regard. Thank you