News
The TD Charitable Foundation announced today the 56 winners of its annual Housing for Everyone grant competition. Award winners will receive a total of $2 million in grants to support affordable housing initiatives from Maine to Florida, a $500,000 increase in program awards from 2008. Among the awardees are three Vermont organizations which will receive a total of $60,000.
The Williams Institute for Sexual Orientation Law and Public Policy at UCLA Law issued a report today analyzing newly released data from the US Census Bureau. The study examines data from the 2008 American Community Survey (ACS).
Senate President Peter Shumlin and Speaker Shap Smith today sent a letter to Senator Cummings, Chair of Senate Finance, and Representative Klein, Chair of House Natural Resources and Energy, requesting that they hold a meeting to analyze Vermont's wholesale electricity market.
Central Vermont Public Service (NYSE-CV) has asked the Vermont Public Service Board to authorize a 5.91 percent rate increase under the company’s alternative regulation plan, which would leave the company’s rates among the lowest of the major utilities in New England.
The change would take effect with bills rendered starting Jan. 1, 2010.
Competition among domiciles is heating up as many countries and US states vie to host insurance companies and their related business, according to the November 2 BestWeek US/Canada. Regulating insurers is a good business for governments. Insurance business brings jobs without pollution and boosts tax revenue.
Central Vermont Public Service (NYSE-CV) today announced the appointment of two independent directors to its Board of Directors. John M. Goodrich (59) was appointed to the Board of Directors, effective Nov. 3, 2009 and Elisabeth B. Robert (54) was appointed as an Advisory Director, effective Nov. 3, 2009.
New York State Department of Transportation (NYSDOT) Acting Commissioner Stanley Gee and Vermont Agency of Transportation (VTrans) Secretary David Dill today announced that the states will not explore the crossing between Putnam, Washington County, New York, and Chipman’s Point, Addison County, Vermont, as a potential temporary bridge site.
Statement of Agriculture Secretary Roger Allbee regarding alleged animal welfare violations at Bushways Slaughterhouse: “The United States Department of Agriculture (USDA) and the Vermont Agency of Agriculture today suspended their respective licenses and thereby ceased operations at the Bushways Slaughterhouse facility in Grand Isle, Vermont.
General Dynamics Armament and Technical Products has been awarded a $13 million order by U.S. Army TACOM-ARDEC for the production of MK19 grenade machine guns. Deliveries are expected to begin in June 2010 and will be completed by late 2011. The order was made under a contract initially awarded in September 2008, and brings the total contract value to date to approximately $81 million.
Merchants Bancshares, Inc (NASDAQ: MBVT), the parent company of Merchants Bank based in Burlington, Vermont, has announced net income of $3.71 million and $8.68 million, or diluted earnings per share of $0.61 and $1.42, for the quarter and nine months ended September 30, 2009, respectively.
Commuters and residents traveling between Addison County and New York now have several options for getting to and from their workplace or residence. All public transportation services are now free, minimizing the financial impact for many workers and employers. However, long travel times still exist for many. Below is a summary of the services currently in operation.
Redevelopment of Burlington’s Banknorth Block, which is planned to be complete with the plan for addition of a 125-room hotel, 36-unit apartment building, and 238 space parking garage in the mid-block, has received Housing Endorsement from the Vermont Smart Growth Collaborative.
