- Associated Press - Monday, May 12, 2014

BRATTLEBORO, Vt. (AP) - The chairman of the Vermont Board of Education, who is also a former speaker of the Vermont House of Representatives, is serving as interim executive director of the Brattleboro Development Credit Corporation.

Vermont Public Radio reports (https://bit.ly/1iFBdqO) Stephan Morse is succeeding Patricia Moulton Powden, who has been tapped by Gov. Peter Shumlin to serve as secretary of the state Agency of Commerce and Community Development.

In addition to serving as a speaker of the Vermont House, Morse also served for many years as director of the Windham Foundation.

Morse said he would work to keep regional economic development planning efforts on track.

“And two additional things will be to lead the search for a new full time executive director, “Morse said. “And then, equally important, dealing with this Vermont Yankee funding that’s going to be available to Windham County in the very near future.”

The credit corporation is expected to play a strong role in developing projects for funding from a five-year, $10 million payment to the state from Entergy Vermont Yankee. Entergy agreed to make the payments after announcing it would close the state’s lone nuclear plant at the end of this year.


Information from: WVPS-FM, https://www.vpr.net

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