The bill S.293 proposes an appropriation of $143,000 from the General Fund to the Agency of Natural Resources for fiscal year 2027. This funding is designated for a grant to the Green Mountain Economic Development Corporation (GMEDC) to cover costs associated with reinitiating the brownfields site development of the Upper Valley Regional Landfill located in the village of Post Mills, Town of Thetford. The grant will also support GMEDC in incurring expenses related to a probate proceeding necessary for obtaining court-appointed administrator status, which is essential for facilitating the transfer of the landfill site to new ownership for redevelopment purposes.
Additionally, the bill includes a provision stating that it will take effect upon passage. This legislative action aims to promote environmental conservation and development by addressing the redevelopment of brownfields, thereby potentially revitalizing the area and mitigating any associated environmental hazards.