Vermont sells transportation bonds
MONTPELIER — The Vermont Treasurer’s office says its most recent $10 million bond sale will help secure an additional $51 million in federal funds that will help pay for transportation projects, including repairs of damage from Tropical Storm Irene.
Treasurer Beth Pearce said the bond sale will allow the state to proceed with 18 infrastructure projects across the state.
Among the projects that will be funded with the bonds will be money for road and bridge improvements — or replacement — in Bennington, Cavendish, Hancock, Hubbardton, Jamaica and Woodford.
The bonds are paid for with taxes on motor fuels.