Mon, 04/05/2021 - 11:13am tim
Vermont Business Magazine Resident ownership has long been on the minds of the residents at the former Sterling View Mobile Home Park, but now that it is a reality, the new cooperative is anxious to get to work. The homeowners in Sterling View Mobile Home Park, a 55-plus community of 113 homes that sits 30 miles north of Montpelier, formed Sterling View Cooperative Community and purchased the land and infrastructure for $3.25 million on Friday afternoon from Kenneth & Martha Harvey.
Financing for the resident-owned community (ROC) was provided by ROC USA Capital.
“We’re so pleased to become a Resident Owned Community,” said Board President Paul Nesky. “All of our efforts have paid off, and we’re ready to move forward with resident ownership – we’ve got an annual meeting to plan, committees to form and roads to assess.”
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News in Brief February 2021 | Vermont Business Magazine
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Vermont State Colleges Trustees approve consolidation, campuses to stay open
The Vermont State College System Board of Trustees have voted to move forward with the proposal outlined by the state’s Select Committee on the Future of Public Higher Education in Vermont. The proposal will unify the three residential colleges, Castleton University, Northern Vermont University, and Vermont Technical College, under a common accreditation in Academic Year 2023-2024 while maintaining the Community College of Vermont as a separate institution. Additionally, the system will streamline services across the institutions through significant administrative consolidation. The board said it is committed to maintaining the current campus locations. A single president of the consolidated colleges would take over by January 2022.
Deadline extended for Vermont Immigrant Families COVID Fund stimulus
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