Burlington telecom gets new financing

BURLINGTON (AP) -- Top officials in Vermont’s largest city say they’ve found new financing for Burlington Telecom, possibly cooling heated debate over the way the city’s phone, cable and Internet service has been financed.

Mayor Bob Kiss and the city’s chief administrative officer, Jonathan Leopold, announced Friday that a Minneapolis financial firm, Piper Jaffrey, had signed a letter of engagement for financing a bit more than $50 million to pay off a previous $33 million financing plus $17 million borrowed from the city’s pooled cash account.

That borrowing from the city’s account had set off sharp criticism of city officials from several quarters.

Now Kiss and Leopold say the new financing will mean the money can be paid back.

Enosburg bank robbed

ENOSBURG (AP) -- Vermont State Police are looking for a man who robbed an Enosburg bank at knifepoint.

Police say the man showed a knife, demanded cash and then fled the TD Bank with an undisclosed amount of money Friday around 11 a.m.

The suspect is described as being in his 20s, between 5 feet 7 and 5 feet 9 inches tall. Authorities say he was wearing a brown hooded sweat shirt with a skull design on the hood, black gloves and camouflage pants.

Police say the description matches that of a man involved in a bank robbery in Swanton on Oct. 27.

A reward of up to $5,000 is being

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offered for information leading to an arrest. Anyone with information is asked to call state police in St. Albans.

Shumlin to run for governor

MONTPELIER (AP) -- As expected, Vermont Senate President Pro Tem Peter Shumlin will announce his candidacy for governor.

Shumlin enters a crowded Democratic field seeking his party’s nomination for a seat being vacated at the end of next year by Republican Gov. Jim Douglas, who is in his fourth two-year term.

Shumlin, a Putney resident who represents Windham County in the state Senate, will face Sens. Susan Bartlett and Doug Racine, Secretary of State Deb Markowitz and former Sen. Matt Dunne in a primary, if all five stay in the race until then.

He’s scheduled a formal announcement of his candidacy for 11 a.m. on Monday.

Court upholds Williston landfill contract

MONTPELIER (AP) -- The long-running legal battle over a regional landfill planned for Williston has taken another turn.

The Vermont Supreme Court on Friday rejected a bid by homeowners living near the landfill site to say the town of Williston overstepped its authority when it struck a host town agreement with the Chittenden Solid Waste District.

Rutland expects 50 jobs

RUTLAND (AP) -- Business development officials say at least 50 new jobs will be created at Rutland’s Airport Business Park.

Rutland Economic Development Corp. Executive Director Jamie Stewart says a Canadian manufacturing company will work with a service company from northern Vermont.

He wouldn’t name the companies involved.