News
A new study released by Bankrate, Inc. reveals that the costs associated with buying a home are on the rise. Bankrate's 2010 Closing Costs Survey reveals that the average origination and title fees on a $200,000 mortgage this year totaled $3,741, up from $2,732 in 2009. New York state was highest at $5,623; Vermont was 40th at $3,372.
Governor Jim Douglas has announced the allocation of $1.8 million in tax credits for 19 Vermont communities to assist in the renovation or repair of buildings in downtowns and village centers. At a ceremony at the fire-damaged Aldrich Block in Barre, the Governor announced the projects approved by the Downtown Development Board for Downtown and Village Center State Tax Credits.
Governor Jim Douglas today released the list of appointments made in May, June and July, 2010.
Access Board
Kim Morrow, Barre
Board of Public Accountancy
Thomas Shortle, Rutland
Act 264 Advisory Board
Theodore Tighe, Middlebury
Alcohol & Drug Abuse Council
Lisa Anne Atwood, Northfield
The Vermont Agriculture Innovation Center (AIC) was created in 2009 when Senator Patrick Leahy secured $469,000 in funding through the USDA’s Agriculture Innovation Demonstration Center program.
The Vermont Agency of Transportation (VTrans) is alerting motorists who use the temporary ferry at the Lake Champlain Bridge in Addison to expect delays on Thursday and Friday afternoons through foliage.
For the week of August 7, 2010, there were 678 new regular benefit claims for Unemployment Insurance, an increase of 21 from the week before. Altogether 9,175 new and continuing claims were filed, a decrease of 246 from a week ago and 3,629 fewer than a year earlier.
Senator Patrick Leahy Thursday told representatives of the Randolph Area Community Development Corporation (RACDC), Randolph town and state elected officials, and RACDC development partners that he has secured $200,000 in federal funds to help with the development of workforce housing in downtown Randolph.
Vermont schools are in line for another infusion of nearly $25.5 million in economic recovery funds, Sens. Patrick Leahy (D-Vt.) and Bernie Sanders (I-Vt.) and Rep. Peter Welch (D-Vt.) announced today.
PCM Image-Tek, a leading New England electronic assembly services provider, today announced the completion of a strategic energy conservation initiative that will reduce the company’s energy consumption by more than 75,000 kWh per year for the next 15 years.
North American Breweries recently announced the purchase of Independent Brewers United which owns Magic Hat, Pyramid and MacTarnahan’s beer. The purchase includes three breweries and five Alehouses and a retail store affiliated with one of the breweries. Terms of the deal were not disclosed.
Rock of Ages Corporation (NASDAQ:ROAC) announced today that net income for the second quarter of 2010 increased 9% to $1,561,000, or $.21 per share, which included costs associated with the exploration of strategic options and shareholder lawsuit expenses of $493,000, or $0.07 per share. For the second quarter of 2009, net income was $1,433,000, or $.19 per share.
At Northeastern Vermont Regional Hospital (NVRH), energy efficiency supports NVRH’s mission to provide high quality healthcare services that are focused on community needs at the lowest cost consistent with excellent care.