Amended Public Hearing Notice – February 1, 2017


January 31, 2017

For immediate posting on Town of Bennington Web Site

The Town of Bennington held a public hearing at 6:00 p.m. on January 23, 2017 at the Selectboard

Meeting Room, 205 South Street, Bennington, VT to consider making an application to the State of

Vermont for a VCDP Implementation Grant 2016 under the Vermont Community Development Program. The purpose of the hearing was to obtain the views of citizens on community development, to furnish information concerning the amount of funds available and the range of community development activities that may be undertaken under this program, the impact to any historic and archaeological resources that may be affected by the proposed proj ect, and to give affected citizens the opportunity to examine the proposed statement of projected use of these funds.

The proposal is to apply for a multi-year grant in the amount of  in VCDP Funds. The purpose of this amendment is to revise the project description. These funds will be used to accomplish the following activities:

As part of the proposed Putnam Block Redevelopment Project, the Bennington County Industrial Corporation intends to use $1,250,000 for property acquisition and/or soft costs associated with the redevelopment. These funds will target economic development by creating jobs for persons at or below 80% of Area Median Income (National Objective: Low-to Moderate-income Job Creation).

Copies of the proposed application are available at 205 South Street, Bennington, VT 05201 and may be viewed from 8:00 a.m. to 5:00 p.m., Monday through Friday. Should you have any question or comments concerning this amendment, please contact Michael McDonough, Development Director, at 802-442-

Legislative Body for the Town of Bennington