Article 49-1 |

Duration |

This Agreement shall commence on July 1, 2012 and expire on June 30, 2015. If the BOARD determines that it has sufficient funds to grant the bargaining unit a minimum of a three percent increase in wages and salary for Fiscal Year 2016, the BOARD may, up to April 30, 2015, offer to extend the Agreementfor one year to June 30, 2016. The UNION shall have thirty days to accept or reject the offer, and no further notice obligation for bargaining or contract termination shall be required.

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