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Vermont's first stimulus-funded project is completed in Richmond

Tue, 06/23/2009 - 9:33am -- tim

Governor Douglas today officially opened the new Bridge Street Bridge in Richmond marking the completion of Vermont s first ARRA funded project. Douglas was joined by Vermont Agency of Transportation Secretary David Dill, Federal Highway Administration Deputy Vermont Administrator Larry Dwyer, Richmond Selectboard Chairman Pete Parent and numerous Richmond residents to celebrate the opening of the Richmond Bridge Street Bridge, which opened for traffic last Friday.

Rockingham Canal House in Bellows Falls, Vermont, sold to NH developer

Tue, 06/23/2009 - 9:31am -- tim

Vermont Housing Finance Agency announced today the selection of Paul Stewart, President of Stewart Property Management, Bedford, NH, as the new owner of Rockingham Canal House in Bellows Falls. The historic building, a former hotel built in the 1870s, will also be an example of how important housing preservation is to the larger strategy of providing affordable housing.

Vermont lawmakers focus on Vermont Yankee decommissioning shortfall

Tue, 06/23/2009 - 6:13am -- tim

Less then a week after the Nuclear Regulatory Commission (NRC) raised concerns with the inadequacy of Vermont Yankee’s decommissioning fund, Speaker Smith and President Pro Tem Shumlin vowed to place another decommissioning bill on Governor Douglas’ desk at the beginning of the 2010 legislative session, which begins next January.
The leaders called on Governor Douglas to join them in their support for this important piece of legislation.

VPR Commentary: Tax policy perspective

Tue, 06/23/2009 - 5:51am -- tim

Vermont Public Radio Commentary. Monday June 22, 2009
McQuiston: Tax policy perspective LISTEN
By Timothy McQuiston
(HOST) Commentator Timothy McQuiston suggests that when you hear politicians talking about taxes, it isn't so much about fairness, it's about jobs.
(McQUISTON) Tax policy is all in your perspective, it seems to me. While the Legislature has focused on the property tax and the direct impact it has on local constituencies, governors have generally looked at the bigger picture and the income tax.

Vermont, New York to decide to fix or replace Champlain Bridge

Tue, 06/23/2009 - 5:14am -- tim

The New York State Department of Transportation (NYSDOT) today announced finalization of a bi-state agreement between New York and Vermont for the progression of a project to rehabilitate or replace the Lake Champlain Bridge, spanning Lake Champlain between Crown Point, New York and Chimney Point, Vermont. HTNB Corporation of New York City has been selected as design consultant. This project is being jointly progressed by NYSDOT and the Vermont Agency of Transportation (VTrans), in conjunction with the Federal Highway Administration (FHWA).

Mount family expands Westaff holdings across New England

Tue, 06/23/2009 - 5:03am -- tim

The Mount Family Group Ltd. (MFG) headquartered in Burlington and operator of 9 Westaff offices in Vermont, New Hampshire and New York is pleased to announce the acquisition of three offices in Massachusetts and Rhode Island, bringing their total to 12 offices. The seller is the Koosharem Corporation, owner of Westaff and of Select and Remedy Staffing Services.

Vermont wins award for improved use of e-prescribing

Mon, 06/22/2009 - 9:18am -- tim

At an event at the National Press Club, Surescripts announced today that Vermont was the most improved state in the nation and Massachusetts ranks first overall when it comes to routing prescriptions electronically. According to the results of an annual nationwide audit of electronic prescriptions routed in 2008, it was determined that prescribers in the Bay State sent more than 6.7 million prescriptions electronically, representing 20.5 percent of all eligible prescriptions in the state as compared to 2.3 percent in 2005.

TBW Mortgage ordered to modify mortgages, pay $9 million in fines

Mon, 06/22/2009 - 6:28am -- tim

The Vermont Banking, Insurance, Securities and Health Care Administration has announced a major agreement with Taylor, Bean & Whitaker Mortgage Corporation (TBW) regarding its mortgage lending practices for so-called nontraditional loans made in 2006.  This agreement will result in a detailed review of TBW s nontraditional loan exceptions, the adoption of the federal loan modification program to assist struggling homeowners, and the payment of $9 million to assist the states in their oversight of mortgage origination practices.

Bill Orleans elected chairperson of travel conference

Mon, 06/22/2009 - 6:21am -- tim

Bill Orleans, who has been promoting Vermont s tourist and travel industry for 28 years one brochure at a time has been elected Chairperson of the Vermont Travel Industry Conference.
Orleans, owner of PP&D Brochure Distribution, has attended the Conference annually since 1986, been an exhibiting sponsor since 1996, and sat on the planning committee for the last five years.

Historic CVPS hydro facility in St Johnsbury gets makeover

Mon, 06/22/2009 - 3:17am -- tim

An historic hydro-electric facility that has produced renewable energy for 81 years is getting a substantial overall starting today. Central Vermont Public Service is beginning extensive improvements to the company s Arnold Falls hydroelectric project, located on Mill Street along the Passumpsic River in Saint Johnsbury. The existing structures, similar to those originally constructed during the 19th Century for nearby mills, consist of two rock-filled, timber-crib dams with concrete abutments.