Discover More from This Category: Killington

Killington receives $18.4m USDA loan for Killington Road

September 20, 2023
  By Polly Mikula On Monday, Sept. 18, Killington Town Manager Michael Ramsey, received a letter approving the town for an $18,394,000 loan from the United States Department of Agriculture (USDA). The letter was titled “FY23 Killington Forward – Killington Road Reconstruction Project.” The total note was broken into two loans as each USDA loan…

Killington receives Catalyst grant

September 13, 2023
  Killington officials gathered in Montpelier on Friday, Sept. 8, for an award ceremony where they received the largest Catalyst Grant in Vermont  at $2.25 million. One million dollars will be used toward a new municipal system and $1.25 million for upgrading Killington Road. The town of Killington was among 13 communities  awarded a total…

Killington receives state’s largest Catalyst Grant for economic development

August 30, 2023
By Polly Mikula Towns seeking funding to improve stormwater infrastructure and municipal water systems topped the list of Catalyst Grant grant recipients in Vermont this year with Killington receiving the largest award at $2.25 million, followed by Wilmington and North Hero, each with $1 million. Killington’s grant will be used toward planned infrastructure improvements including…

Town of Killington secures 70 acres for workforce housing

July 19, 2023
  By Polly Mikula The town of Killington closed on a 70-acre piece of land off Nanak Way on Friday, July 7, for $700,000. The purchase is part of the town’s ongoing Killington Forward initiative, which, in addition to building a municipal water system and reconstructing Killington Road to be safer and support multimodal transportation…

Killington selects first bids for municipal water infrastructure

May 18, 2023
By Polly Mikula On Thursday, May 11, bids for the first phases of the municipal water project in Killington were revealed and selected. Two contracts were up for bid: Contract 1-3A, estimated at $20.2 million, which includes transmission line from the wells to the high service pump station on Route 4 and up across East…

Great Gulf purchases resort land for development

May 4, 2023
$43 million deal with SP Land, Co. was made possible in part by TIF By Polly Mikula On Wednesday, May 3, Great Gulf and SP Land Co. finalized the purchase and sales agreement for 1,095 acres of development land including the Six Peak Village at the base of Snowshed and Ramshead at Killington Resort. The…

Killington voters pass $47M TIF bond, approve new town hall

March 8, 2023
Development of the town's water system set to begin this summer By Polly Mikula On Town Meeting Day, 75% of Killington voters approved Article 5, giving the town authorization to proceed with water and road infrastructure projects that will support a new Six Peaks development at the base of Snowshed and Ramshead and then extend…

Article 5: A relatively low risk to the town

March 2, 2023
Dear Editor, On March 7, the voters of Killington will be asked to authorize up to $47 million in funding for the Killington Forward initiative. These funds will support construction of a pipeline to develop a municipal water system that will provide water to the proposed Six Peaks Village and, with additional future funding, properties…

Town of Killington plans for growth

March 1, 2023
Voters asked to approve budget, purchase/renovation of new town hall and TIF bond for municipal water and road reconstruction  By Polly Mikula Killington voters will be asked for approval on three budgetary items on Town Meeting Day, March 7. Article 5 ($47 million TIF bond) has gotten the most attention over the past few weeks…

Inside the new Six Peaks Village

March 1, 2023
By Brooke Geery Editor's note: This article was first published on Killington Resort's "Insider Blog," Feb. 22. Minor corrections have been made for accuracy and clarity.  The vision of a village at the base of Killington Resort predates most of the current locals. But as the resort has grown and changed over the years —…

Second public hearing for Killington TIF bond draws new attendees, questions

February 14, 2023
By Polly Mikula The second public hearing for Killington’s TIF bond was about half as well attended as the first hearing on Jan. 30, but drew many new attendees. About eight residents attended in person at the Public Safety building with 27 others attending via Zoom.  The hearing again began with an overview of Killington…

FAQs: Killington Forward

February 8, 2023
In response to comments and questions heard around town, on the slopes and at the public hearing, Jan. 30, the Killington Select Board answers questions on what voters need to know to be informed about Killington Forward before voting March 7 on Article 5. What is Killington Forward? Killington Forward is a comprehensive, multi-phased plan…

Killington Forward hearing draws a crowd,$47 million TIF-funded infrastructure bond explained

February 1, 2023
By Polly Mikula Finding an open seat in the conference room of Killington’s Public Safety Building Monday night, Jan. 30, was a bit of a challenge as about 30 residents joined the public hearing in-person with another 50 attending via Zoom.  “That’s about 10% of the town’s registered voters,” said Selectman Jim Haff. “That’s a…

Audit of Burlington Waterfront TIF District: A lesson, a warning

January 25, 2023
Administrative complexity, staff turnover, and poor recordkeeping contributed to millions of dollars in mistakes  State Auditor Doug Hoffer released a new audit Jan. 23 of Burlington’s Waterfront TIF district. TIF districts allow municipalities to designate an area for public infrastructure improvements, incur debt to pay for the work, and use a portion of the area’s…

Killington tops state for undervalued Grand List

January 4, 2023
Recent CLA assessment to push education tax rate up for most By Polly Mikula Of the 254 municipalities in the state listed on the annual Equalization Study, Killington topped the list for it’s actual property value being undervalued by its Grand List. According to newly released CLA determinations, Killington's Grand List accounted for just 61.60%…