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Vermont’s captive insurance legislative agenda signed into law

Thu, 04/18/2019 - 5:09pm -- tim

Vermont Business Magazine Governor Phil Scott signed new legislation into law strengthening Vermont’s captive regulation in a variety of areas. This year’s bill proposed several updates to Vermont’s leading captive law, including modifications to the captive examination schedule and improvements to the statute governing group captive investments. The many enhancements included in this year’s bill highlight the state’s ability to work closely in partnership with Vermont’s Governor and state legislature to ensure its captive law remains the industry gold standard.

White + Burke negotiates lease of 22,000 SF in Technology Park to UVMMC

Thu, 04/18/2019 - 1:32pm -- tim

Vermont Business Magazine Tim Burke, of White + Burke Real Estate Investment Advisors, Inc in Burlington, is pleased to announce the signing of two leases totaling 22,000 square feet for the University of Vermont Medical Center at 55 Community Drive in South Burlington. UVMMC is the state’s largest hospital and part of The University of Vermont Health Network, a four-hospital network serving patients and their families in Vermont and northern New York. 

CHT closes on financing for Old North End Community Center

Thu, 04/18/2019 - 11:19am -- tim

Vermont Business Magazine The Champlain Housing Trust announced today that it had closed on the permanent financing for its efforts to transform the St. Joseph School into the Old North End Community Center. The $8.8 million transaction secured $2.6 million in federal tax credits by leveraging several other local funding sources. CHT will now initiate construction and ensure that rents remain affordable for the nonprofit tenants and public uses. Just two weeks ago the Trust announced a lead gift of $500,000 from Trey and Dominique Pecor. Since then, $90,000 in donations have come in, leaving just $110,000 to raise from the community to finalize the $8.8 million project.

UVMMC: Mental health, substance use disorder and affordable housing top list of community health needs

Thu, 04/18/2019 - 10:44am -- tim

Vermont Business Magazine The University of Vermont Medical Center released the findings of its 2019 Community Health Needs Assessment (CHNA) Thursday, highlighting issues identified by the community as central to improving people’s lives in Chittenden and Grand Isle Counties. The report is issued every three years, and serves as a guide for targeting funding and other resources. The top six topic areas identified in 2019 are mental health, substance use disorder, affordable housing, childhood and family health, disease prevention and cancer.

Seven Days’ annual Vermont Restaurant Week celebrates 10 years

Thu, 04/18/2019 - 3:20am -- tim

Vermont Business Magazine Vermont has garnered a national reputation for its award-winning specialty food and drink products and inventive, locally focused cuisine. For the last decade, Seven Days’ Vermont Restaurant Week has celebrated the state’s chefs, farmers, producers and others food-service professionals that have helped put the Green Mountain State on the map. The event has also raised $95,375.32 and counting for the Vermont Foodbank, the festival’s beneficiary.

Northfield Savings Bank adds Dodson to Board of Trustees

Wed, 04/17/2019 - 4:46pm -- tim

Vermont Business Magazine Northfield Savings Bank (NSB) announces changes to its Board of Trustees. The Bank is grateful to outgoing Board member Lauren Wobby for 18 years of dedicated service and pleased to welcome Kyle Dodson. Wobby, of Northfield, joined the Board in 2001 after serving as a Corporator since 1998. The Chief Financial Officer/Treasurer at Norwich University, Wobby carries on as a Corporator after completing her term on the Board this month. 

Trooper will not be prosecuted for January 7 shooting

Wed, 04/17/2019 - 4:39pm -- tim

Vermont Business Magazine Attorney General TJ Donovan announced  today that his Office has reviewed the police-involved shooting incident that occurred on the morning of January 7, 2019 in Arlington, Vermont.  The Attorney General’s Office is declining to prosecute Vermont State Police Trooper Raymond Witkowski for charges related to discharging his firearm at Matthew Novick.

House gives final approval to PFAS regulation bill

Wed, 04/17/2019 - 4:37pm -- tim

Vermont Business Magazine Today, the Vermont House of Representatives passed S.49, a bill that regulates polyfluoroalkyl substances (PFAS) in drinking water and surface waters in Vermont on a vote of 135-1. Representative Amy Sheldon (D-Middlebury), Chair of the House Committee on Natural Resources, Fish, and Wildlife, said, “This bill is integral in creating a healthier and safer environment for all Vermonters. PFAS are found in everyday products such as non-stick cookware, stain-resistant fabrics and carpets, and cosmetics. These substances can be toxic to humans in extremely small concentrations and unfortunately have been found in public and private water supplies in Vermont. This bill establishes regulatory monitoring of Vermont drinking waters to ensure that Vermonters remain safe and manufacturers are held accountable for their waste.”

$30K NEH grant supports new Data Humanist Certificate Program

Wed, 04/17/2019 - 4:28pm -- tim

Vermont Business Magazine Marlboro College has always provided a wealth of interdisciplinary coursework, including courses drawing important links between the humanities and sciences. Now, with the support of a National Endowment for the Humanities (NEH) grant, the college is positioning itself to offer a new undergraduate Data Humanist Certificate Program, making these links even more explicit and demonstrating students’ preparedness for the workplace.