The work to get the ski lifts and snowmaking equipment ready and certified would could approximately $300,000.
The company, whose roots go back to 1842, once had retail outlets up and down the East Coast. It will continue its wholesale business and employ 25 people in Putney and 25 in China.
The parties in the sale had requested a quick decision by the Public Utility Commission after the sale received approval from the Nuclear Regulatory Commission earlier this month.
The girlfriend of Travis Desmain, who faces further charges in other county courts, said the pair used the money for a heroin habit.
The amount of the loan depends on the appraisal valuation, which has to be twice the loan amount.
The Design Review Board said it supports the development of a hotel but the plan will need to be resubmitted for a new review.
The Putney Mountain Winery wine called Northern Spy passed General Dynamics ‘bubbly and break’ test and also will be served alongside other Vermont foods at the events for the christening of the nuclear submarine.
Jancewicz & Son was also fined earlier this month by Vermont authorities for safety violations cited in April. In a settlement agreement, the company spent several thousand dollars on safety training.
The Hermitage president said he expects a second appraisal will fulfill requirements for a $30 million loan.
Adam Gebb, who received more than $200,000 in loans from local economic development funds, left Vermont for Ecuador after his business shuttered.
Several other Vermont towns and cities have been watching the implementation of Brattleboro’s plastic bag ban to guide their own policies.
According to the Vermont State Police, Timothy White, 52, perished in the fire, which is not considered suspicious at this time.
State police say 2 men — one accompanied by a dog — are suspected of taking cash, pocketbooks, wallets and laptop computers early Sunday.
The company is seeking a renewal of an expired permit to build a 184,000-square-foot, 79-foot-tall, 83-unit hotel with seven duplexes.