President of New Germany Elementary's Home and School Association, Jennifer Hayward, says the decision will come as a relief to the community.
Superintendent Nancy Pynch-Worthylake says they have to protect the best interests of students and the community.
She says the financial terms of the settlement are confidential but confirmed Speight will be paid on top of the $150,000 already owed in back pay. The agreement was announced after the school board moved in-camera for nearly an hour to consult with their lawyer. In the video below, school board members unanimously vote in favour of a settlement and lawyer John MacPherson also talks about the issue of confidentiality in dealing with the matter.