Treasurer: Vt sells $86.7 million in bonds in a week
MONTPELIER — Vermont Treasurer Beth Pearce said the state had a successful week selling bonds to support infrastructure improvements.
Pearce said Vermont sold $86.7 million in bonds this week to help finance construction of a new state psychiatric hospital and rebuild the Waterbury state office complex. Both were flooded by Tropical Storm Irene in 2011.
This week’s three bond sales included $25 million in Vermont Citizen Bonds, which are geared for investment by residents of the state. Successful bidders for two other sets of bonds were Wells Fargo and Morgan Stanley.
Other projects include school construction, phosphorus removal from Lake Champlain, construction of state police barracks in Brattleboro and Rockingham, and building the state health laboratory in Colchester.MORE IN This Just InSOUTH BURLINGTON — The Police Department is trying to cope with some vacancies. Full StoryWHITE RIVER JUNCTION — Vermont’s only veterans hospital is going to be joining six other... Full Story
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