Apr 5, 2019 12:25:05 PM


Notice is hereby given that a public hearing will be conducted by the Vermont Economic Development Authority (“VEDA”) on April 12, 2019 at 4:00 p.m. at its offices at 58 East State Street, Montpelier, Suite 5, Vermont 05602 regarding the proposed issuance of tax-exempt commercial paper notes pursuant to Title 10, V.S.A., Chapter 12 (which notes will not constitute a debt or pledge of the faith or credit of the State of Vermont or VEDA), to finance a portion of the costs of a manufacturing facility to be owned and operated by the following borrowers in the amount listed below:

  • $796,997 – Sunrise Development, LLC – The project is for partial financing of the construction of a 62,000 square foot addition as a connector between two existing structures located at 153 and 191 Stafford Avenue in Morrisville, Vermont; (ii) the upgrading of the facilities’ façade and the paving of existing parking areas; (iii) the refinishing of existing office space; and (iv) the expansion of employee breakroom/lounge area.

All persons desiring to be heard on the proposed issuance of tax-exempt commercial paper notes and the financing of the above-referenced project costs are invited to attend the public hearing.  Written comments and general inquiries may be directed to VEDA at the address below:


Vermont Economic Development Authority

58 East State Street, Suite 5

Montpelier, VT 05602

Topics: TEFRA