COD Board Re-Approves Buyout Package For Outgoing President

Glen Ellyn, Ill. (CBS) -- The Board of Trustees for the College of DuPage re-approved a controversial buyout package for outgoing President Robert Breuder by a vote of 6-1 at a packed meeting Wednesday evening.

Hundreds attended the meeting on the Glen Ellyn campus to voice their opposition to the package that has been labeled a golden parachute.

CBS 2's Brad Edwards reports a procedural error forced the board to re-vote on Breuder's platinum parachute, a buyout package of $763,000.

Wednesday night's meeting was a re-do because it was alleged the first meeting didn't abide by the opens meeting act, nor was the big dollar payout made public.

Breuder's name is also set to be on the school's Homeland Security Building.

The president's spending has come under the microscope by a number of taxpayer advocates who claim he's misspent funds, including on private shooting club memberships.

"We were tipped off by whistleblowers over a year ago of just unbelievable malfeasance at this community college," said Kirk Allen of the group Edgar County Watchdogs.

Allen said called the payout "sickening."

"Whatever they give him in severance, I will cut double that in funding. If they pay him, I will make sure they learn," said State Representative Jack Franks.

CBS 2 confirmed that this wouldn't be Mr. Breuder's first golden parachute, as he received a payout of $462,202 after retiring as president of Harper College in 2009. Breuder also received $66,080 in vacation time earned in his final year at Harper as well as a 2008 Lexus GX470 SUV, with a value of around $45,000.