LITTLE ROCK — The interim president of the University of Central Arkansas has agreed to take the job of president for up to three years, the university announced Friday.

LITTLE ROCK — The interim president of the University of Central Arkansas has agreed to take the job of president for up to three years, the university announced Friday.

Tom Courtway, 58, has been the interim president of the Conway school since former President Allen Meadors resigned Sept. 2.

Meadors resigned after it was revealed that he failed to tell the UCA Board of Trustees that a company’s pledge of $700,000 to renovate his university-owned home came with the condition that the company retain a food service contract with the school. The board voted unanimously Friday to give Courtway the job of president.

Courtway’s salary will remain at the current level of $162,577 for the rest of the current fiscal year, which ends June 30, the university said in a release. The board is expected to set his salary for the next fiscal year in May.

Courtway asked not to receive a contract, severance package or car allowance, the university said. He will have the option of moving into the president’s home.

A Conway native, Courtway has a bachelor’s degree in economics from Hendrix College, a law degree from the University of Arkansas School of Law and a master’s degree in tax law from Georgetown University.

UCA first hired Courtway as general counsel in 2002. He left the following year to become interim director of the state Department of Education, then returned to his position at UCA in 2004.

Courtway left UCA again in 2005 to become vice president of Hendrix College. He returned to UCA in 2006 as vice president and general counsel.