NOTICE OF PUBLIC HEARING
Notice is hereby given that a public hearing will be conducted telephonically by the Vermont Economic Development Authority (“VEDA”) on Friday, April 22, 2022, at 10:00 a.m. regarding the proposed issuance as part of a plan of finance, in one or more series or sub-series, of up to $60,000,000 stated principal amount of its tax-exempt revenue bonds (the “Bonds”) pursuant to Subchapter 4 of Title 10, V.S.A., Chapter 12 (which Bonds will not constitute a debt or pledge of the faith or credit of the State of Vermont or VEDA) and pursuant to Section 142(a)(6) of the Internal Revenue Code of 1986, as amended, (the “Code”), to finance certain capital expenditures related to “solid waste disposal facilities” (within the meaning of Section 142(a)(6) of the Code), including, without limitation, landfill, solid waste collection, organics, transfer, recycling and hauling facilities (collectively, the “Project”) owned or operated or to be owned or operated by Casella Waste Systems, Inc. or its affiliates (collectively, the “Borrower”), and located at the following addresses within the State of Vermont:
- Burlington Collection Operation (Bond amount not to exceed $10,000,000)
2 Transfer Station Rd, Highgate Center, VT, 05459
220 Avenue B, Williston, VT, 05495
217 Avenue C, Williston, VT, 05495
231 Avenue C, Williston, VT, 05495
1496 Redmond Rd, Williston, VT, 05495 - Casella Corporate & Regional Offices (Bond amount not to exceed $1,000,000)
50 Belden Rd, Rutland, VT, 05701
25 Greens Hill Lane, Rutland, VT, 05701
77 Grove Street, Rutland, VT, 05701
2154 Post Road, Rutland, VT, 05701 - Chittenden Recycling Operation (Bond amount not to exceed $2,000,000)
357 Avenue C, Williston, VT, 05495
- Coventry Landfill Operation (Bond amount not to exceed $45,000,000)
21 Landfill Lane, Coventry, VT, 05855
- Montpelier Collection Operation (Bond amount not to exceed $8,500,000)
418 US Route 2, East Montpelier, VT, 05602
378 East Montpelier Rd, Montpelier, VT, 05602
1855 VT Route 100, Hyde Park, VT, 05605
250 Landfill Rd, Randolph, VT, 05600
548 High Street, St. Johnsbury, VT, 05819
6911 Main Street, Waitsfield, VT, 05673
- Rutland Collection Operation (Bond amount not to exceed $8,500,000)
4561 Sunderland Hill Rd, Arlington, VT, 05250
904 Houghton Lane, Bennington, VT, 05201
310 Tennis Way, East Dorset, VT, 05253
533 Exchange St, Middlebury, VT, 05753
171 Church Street, Pownal, VT, 05261
14 Gleason Rd, Rutland, VT, 05701
639 North Road, Shaftsbury, VT, 05262
442 Clarendon Ave, West Rutland, VT, 05777
- Rutland Recycling Operation (Bond amount not to exceed $2,000,000)
1 Smith St, Rutland, VT, 05701
- White River Collection Operation (Bond amount not to exceed $3,000,000)
1544 Woodstock Rd, White River Junction, VT, 05001
The Project includes (1) new recycling and organics processing equipment and infrastructure; (2) transportation equipment, including solid waste, recycling and organics collection vehicles; (3) solid waste, recycling and organics collection containers and compactors; (4) certain landfill development costs at the Borrower’s current landfill site in Coventry, Vermont, including landfill cell development and liners to create additional disposal capacity, and the costs of general improvements, including upgrades to leachate collection, water management, methane gas collection and treatment, paving and grading and other infrastructure improvements; (5) building, land, leasehold and infrastructure improvements; (6) other machinery, equipment, furniture, fixtures and other tangible personal property; (7) any additional installation, development, design, engineering, replacements, demolition, improvements, equipment, construction, renovation, structures, permitting and other capital expenditures related to accomplishing the foregoing; (8) funding a reserve fund, if any, for the Bonds; and (9) financing the costs of issuance and other common costs of the Bonds.
All persons wishing to participate in the public hearing are invited to access the hearing via teleconference using the toll-free telephone number, passcode and instructions listed below:
- Dial the toll-free call-in number: (888) 392-4560
- Enter the Passcode: 6183869 and # when prompted
- When prompted, clearly state your first and last name.
Additionally, written comments may be directed to VEDA in advance of the hearing at 58 East State Street, Montpelier, Vermont 05602.
VEDA expects to conduct the hearing at the date and time set forth in this notice via teleconference only, using the telephone number and access procedures listed above.
Vermont Economic Development Authority
Date: April 14, 2022