35 Vermont businesses to receive $2.4 million in REAP energy efficiency funds

first_imgWilliam Maclay Architects WaitsfieldPaul SachsBradfordE&E Hospitality LimitedArlingtonWest Mountain Inn ArlingtonWind: Recipient Project LocationReverse Osmosis or High Efficiency Arch systems: USDA Rural Development has selected 35 Vermont businesses to receive $2,364,617 Rural Energy for America Program (REAP) energy efficiency and energy improvement grants and loan guarantees.  Twenty-two businesses were announced today, by Agriculture Secretary Tom Vilsack, and are the final selections for the REAP funds this fiscal year. USDA Rural Development recognizes the importance of renewable energy and energy efficiency. said Rhonda Shippee, Acting State Director. We look forward to continued success in funding similar projects– helping finance projects that are good for the economy and good for the bottom line of the participating Vermont businesses.Recipients will use their awards for a variety of energy efficiency and renewable energy purposes. These awards will additional small wind, solar electric generation and lighting improvement projects to USDA Rural Developments energy program portfolio.As part of the selections, USDA Rural Development s REAP funds continue to be sought after by Vermont s agriculture producers.  Dubois Energy LLC will partner their loan guarantee and grant with State,  local, and private financing to purchase and install an anaerobic digester system to generate electricity and produce on farm bedding for their operation in Vergennes.  Monument Farms Three Gen, LLC in Weybridge, are also receiving a grant and loan guarantee to purchase and install an anaerobic digester system to produce electricity which they will sale to the local utility, and produce energy to heat hot water for the milk house.Twenty-seven awards, totaling $427,626, will be used by maple producers throughout the state for the purchase and installation of reverse osmosis equipment or a new high efficiency arch systems. These systems will reduce energy consumption and increase net farm income.REAP loan guarantees and grants can be used for renewable energy systems, energy efficiency improvements, feasibility studies and energy audits. These funds are not part of the American Recovery and Reinvestment Act. For more information on the REAP program, which is authorized under the 2008 Farm Bill, please visit www.rurdev.usda.gov/rbs/farmbill/index.html(link is external).See below for a list of all projects receiving awards under this program.USDA Rural Development s mission is to increase economic opportunity and improve the quality of life for rural residents. Rural Development fosters growth in homeownership, finances business development, and supports the creation of critical community and technology infrastructure. Further information on our programs is available by contacting us at (802)828-6031 or by visiting USDA Rural Development s web site at www.rurdev.usda.gov/vt(link is external).Fiscal Year 2009 USDA Rural Development s Rural Energy for America Program selections: Damian BranonFairfieldRidgeview Farm, IncFairfieldCarlton Bertrand, Jr.SwantonScott BoyceRichfordWayne FifieldThetford CenterRodney & Glenda ParadeeSwantonJoseph A. JordanEssex Jct.Charles M. Cooley, Jr.MorrisvilleNorman Fecteau & David L. SteinhourRichfordMorse Farm Inc.MontpelierGary CoreyFairfieldClifford LaPointCraftsburyDouglas RoseLudlowDavid & Sharon DolloffLyndonvillePaul A. LaharAlbanyGabriel GervaisEast FairfieldRobert Lemire SrEssex Jct.Tator’s Sugar ShackSt. AlbansButternut Mountain FarmMorrisvilleFranklin YatesFairfieldPaul PalmerJeffersonvilleDaniel & Rose RoyerNewport CenterKenneth SaundersRupertFernand & Patricia GagneSwantonHoward & Carolyn CollinsNewport CenterRandi & Louise CalderwoodCraftsburyPriscilla WhiteFairfieldWalter Gladstone lighting improvementsBradfordPhoto Voltaic: Harvey McDonald small windDerby LineAnaerobic Digester Systems: Dubois Energy, LLCVergennesMonument Farms Three Gen, LLCWeybridge Source: Montpelier, VT, September 24, 2009 USDA Rural Development.last_img read more

Hendra house makes $100,000 in less than four years

first_imgSOLD: Rajeev and Ruth Sinniah (left) sold 57 Harding St, Hendra at auction to Tunde and Wande Olarinde (right) for $885,000. Photo: Debra BelaA HOUSE at Hendra in Brisbane’s north made $100,000 for its owners at auction on Saturday despite the lead bidders starting the engine of their Mercedes C200 during negotiations and preparing to drive away. The house at 57 Harding St, Hendra. Photo: supplied“They didn’t want to take our money,” Dr Tunde Olarinde explained afterwards. Place auctioneer Peter Burgin negotiates with the lead bidders just before they get in their car and prepare to drive away. Photo: Debra BelaThe three-bedroom, pre-war home at 57 Harding Street sold for $885,000 on a street made famous in March when retiring Brisbane Broncos veteran Darius Boyd sold his near new home at 78 Harding St for close to $2 million. MORE PROPERTY STORIES Property savings in a post-COVID world “We compromised on what we anticipated for the house for the certainty of not having this on our shoulders … that it was just going to be sold today,” Dr Sinniah said.“The economic crunch hasn’t hit yet.“We thought we’d do it now because in three-six months the market would change on a downward trend, lending would be a lot more stringent. So it was either now or come back in three to five years and do it then.” The north-facing back deck. Photo: suppliedThe Place Ascot onsite auction, lead by agent Patrick McKinnon, attracted a group of 16 interested parties with three bidders and was held outside so as not to breach the new government guidelines on having no more than 10 visitors inside at an auction or open home.A directive from the Chief Health Officer in the wake of the COVID-19 health emergency now requires all real estate agents to collect the name, address and mobile phone number of anyone attending an open home or auction in Queensland.The information is kept for a period of 28 days and is used for tracing purposes in the event of a coronavirus outbreak.In other auction results, five registered bidders attended 24 Oakwal Tce, Windsor where Ray White Ascot agent Ian Cuneo sold the four-bedroom house to a young couple for $1.175 million.While in Clayfield, 90 Barlow St sold for $930,000 with six registered bidders. The winning bidder was a couple from Brisbane who were currently interstate.“There’s a very high demand for property and a shortage of stock, and the sheer competition between buyers is pushing up the prices, so it really is a great time to think about selling,” Ray White lead agent Alexander Shean said. The auction volume for Saturday was double that of last weekend with 20 properties going under the hammer, including four houses at Hendra.Ruth and Rajeev Sinniah, bought the 406sq m Hendra house for $785,000 in 2016 and considered renovating but instead they found a larger 890sq m property in Clayfield which they moved into over Easter.Dr Tunde Olarinde and his wife Wande had been renting in Hendra for three years while looking for a house to renovate and saw this property a week ago. The main dining area looking into the kitchen and living room at 57 Harding St, Hendra. Photo: supplied.“We wanted to avoid the auction but they didn’t accept our offer, that was the bone of contention,” Mrs Olarinde said.“We put in an offer of $900,000 which was higher that what we’re paying for it now. They should have said yes then.”After an opening phone bid of $810,000, Place chief auctioneer Peter Burgin made a vendor bid of $850,000 before the young couple on the phone also bid $850,000.“We’ll substitute yours for mine,” Mr Burgin said. “Yours is better.” Place chief auctioneer Peter Burgin (centre) opens the auction of 57 Harding St, Hendra. Photo: Debra BelaLeaning on the bonnet of their Mercedes Benz, Dr and Mrs Olarinde bid $860,000 and then the auction paused for more than 20 minutes for negotiations until the Olarindes got into their silver car and started the engine.“I’ve got news,” one Place Ascot agent shouted as he rushed over to the car in a last-ditch effort to keep the couple in play.Within seconds, the engine had stopped, a new bid of $885,000 was recorded and the property sold immediately. Dr Sinniah said the decision to go to auction was based on his analysis of the current economic conditions.More from newsParks and wildlife the new lust-haves post coronavirus9 hours agoNoosa’s best beachfront penthouse is about to hit the market9 hours agolast_img read more