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Merchants Bancshares announces 2015 annual meeting information

Thu, 03/05/2015 - 4:29am -- tim

Merchants Bancshares, Inc  (NASDAQ: MBVT),  the parent company of Merchants Bank, today announced that its 2015 Annual Meeting will be held onThursday, May 28, 2015 at 10:00 AM Eastern Time. Stockholders of record of the Company's Common Stock as of the close of business on March 30, 2015 are entitled to vote at the Annual Meeting. The meeting will be held at The Essex Resort and Spa, 70 Essex Way, Essex Junction, Vermont 05452.

New building energy codes now in effect in Vermont

Thu, 03/05/2015 - 4:08am -- tim

Public Service Department Commissioner Chris Recchia announced that the newly revised Vermont Residential and Commercial Building Energy Codes are in effect as of March 1, 2015. The Vermont Residential Building Energy Code, officially called the “Residential Building Energy Standards” (RBES), was initially adopted by the Vermont legislature in May 1997. The Vermont Commercial Building Energy Standards (CBES), was initially adopted in 2006. The legislation provides for regular review and updates to the provisions in the Code by the Public Service Department (PSD).

Dynapower installs MPS-100 inverter for micro-grid showcase at Black & Veatch World HQ

Thu, 03/05/2015 - 3:28am -- tim

Dynapower Company, the global leader in energy storage inverters based in South Burlington, announced that it has completed installation of its market-leading MPS-100 inverter as part of an integrated micro-grid system at Black & Veatch's World Headquarters in Overland Park, Kansas. The renewable-energy-plus-storage micro-grid consists of 50 kilowatts (kW) of rooftop solar panels, two 65 kW natural gas micro-turbines, and a 100 kWh battery connected to the Dynapower MPS-100 kW energy storage inverter.

Parenting Media Association awards top honors to Kids VT

Wed, 03/04/2015 - 4:04pm -- tim

For the fourth year in a row, Kids VT, Vermont’s free monthly parenting magazine, took home top prizes in the annual Parenting Media Association’s Design and Editorial Awards Competition, which recognizes excellence in journalism, photography and design at member publications.

The PMA presented the awards last Saturday at its convention in Baltimore, MD. A panel of judges awarded Kids VT first-place “gold” in its circulation category for:

  • Best Overall Writing — for the fourth year in a row

Feds issue $1.5 million in affordable housing grants for Vermont’s local NeighborWorks organizations

Wed, 03/04/2015 - 3:00pm -- tim

Senator Patrick Leahy (D-Vermont), Senator Bernie Sanders (I-Vermont) and Representative Peter Welch (D-Vermont) Wednesday announced $1.5 million in grants to revitalize communities and support access to affordable housing across Vermont. The announcement marks the first round of 2015 federal grants awarded by NeighborWorks America.

Shumlin appoints three members to Vermont State Colleges Board of Trustees

Wed, 03/04/2015 - 1:33pm -- tim

Governor Peter Shumlin has appointed two new members to the Vermont State Colleges Board of Trustees, Churchill Hindes of Colchester and Michael Pieciak of Winooski, and has reappointed Linda Milne of Montpelier.

The governor said, “At this particular time, financial expertise will be especially helpful on the VSC Board of Trustees and all three of my appointments will contribute significantly in that Regard.”

Moody's upgrades Burlington's credit rating, improves outlook

Wed, 03/04/2015 - 11:37am -- tim

Moody’s Investors Service yesterday upgraded Burlington’s credit rating for both the City’s General Obligation Bonds and Certificates of Participation, and Moody’s improved the City’s rating outlook to positive from stable. This is the City’s first rating upgrade since Moody’s began downgrading the City’s rating in July 2010, and the first positive outlook in at least 10 years (See Burlington ratings table below).

Will Vermont be next to legalize recreational pot?

Wed, 03/04/2015 - 11:20am -- tim

While there has been a strong push to legalize marijuana in Vermont, despite what appears to be a legislative logjam this year, a researcher expects the state to be one of the next to legalize its recreational use. Laws went into effect last week that legalized recreational marijuana in both Alaska and Washington, DC. A University of Kansas researcher into the history of cannabis’ acceptance now has predicted the next five US states where voters or Legislatures could be inclined to approve marijuana use for relaxation and enjoyment.

FairPoint reports Q4 and annual 2014 results, strike and weather increase losses

Wed, 03/04/2015 - 8:25am -- tim

FairPoint Communications, Inc (Nasdaq: FRP), Vermont's largest telecom company with landline and Internet service, today announced its financial results for the fourth quarter and full year ended December 31, 2014. As previously announced, on February 22, 2015, the two unions representing the majority of the Company's workforce in northern New England ratified collective bargaining agreements and the represented workforce returned to work on February 25, 2015.