EB-5 Investors Calling Citibank Settlement Unfair

burkemountainhotelBURKE - According to court documents, foreign investors filed a motion opposing a $13 million settlement reached with Citibank following the EB-5 Fraud at Burke Mountain. 

 

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Roses for the Fallen

RosesWest Burke - A former marine and Lyndon state college graduate has invented a wonderful gesture of therapy by supplying acts of selflessness to families in need.

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Nothing Like New England Dirt

TATERZMost people think of "Pick Your Own" farms to be for pumpkins, apples or berries, but one farm in West Burke has a different take on it.The J and F farm stand in West Burke has been doing pick your own potatoes, or spuds as the farmers lovingly refer them, for about 40 years.

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New Bike Trail

Bike TrailBURKE - Kingdom Trails is currently focusing on bike safety for trail riders, especially on East Darling Hill Road where cars and bikes are currently sharing a narrow road.

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EB-5 Impact

eb5BURKE - The past few months have featured countless reports from Burke Mountain Resort as hotel delays turned into one of the largest alleged ponzi schemes in the state.

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A Local Student Is Breaking Barriers


JackieBURKE-
A local student has won a national essay award from Scholastic, on her essay about over coming Cerebral Palsy. She was honored in front of her school where Jackie Robinson's daughter gave out the award.

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Burke Layoffs Given New Hope

burke moutainBURKE- Though the recent layoffs at Burke Mountain Resort this past March affected the employment of nearly two hundred people, the chance of those jobs appearing in the future is high.

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Bikers Race in Rasputitsa

raceBURKE- Bikers traveled from 21 states to take the starting line of the Rasputitsa bike race in East Burke this Saturday. Close to 700 bikers came out for the gravel road race.

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Community Weighs in on EB-5 Scandal

burke moutain BURKE- Officials, community members and others began speaking out after the announcement last week that Q Burke Mountain Resorts and Jay Peak Resorts were under Federal investigation regarding the misuse of EB-5 funding and fraud charges towards Q Burke Mountain Resort owner Ariel Quiros and developer William Stenger.


This weekend Burke Mountain Academy, a private ski academy located at the base of Burke Mountain, commented on the controversy.

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EB-5 and Its Impact on Q-Burke

eb-5BURKE- The Federal investigation in Q-Burke regarding the EB-5 program may be leaving some with questions as to what EB-5 actually is. The investor program was initially passed to help with the creation of jobs and the promotion of tourism. The EB-5 Immigrant Investor Program is a way for immigrants to become eligible for a green card, which grants them residence in the United States. Though the program was initially created by Congress in 1990, Vermont began using the program in 1997. Foreign investors would have to pledge $500,000 to a commercial enterprise in the United States, as well as plan to create or preseve 10 permanent full-time jobs. After that, they could then apply for the EB-5 Visa. If approved, they were granted a green card for two years. The Q-Burke Ski Resort first became invested in the program four years ago.

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Q-Burke Contractor Files Lien

BurkeMesBURKE- The latest chapter from the Q-Burke saga was written on Wednesday, when the lawyer representing project contractor PeakCM filed a lien against the resort.This move comes after nearly a year of legal battles between PeakCM President Jerry Davis and Q–Burke owners and developers.

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Competition For a Good Cause

Rail JamBURKE- Sports don't always have to be about competitiveness, having one team or person come out victorious over others. Sometimes the sport is just the median for a good cause.

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Next Trick Brewery

BARNNWEST BURKE-  Hill Farmstead Brewery was rated by consumers from Ratebeer.com as the best place in the world to get a beer for the third time in four years. But soon, they may be facing some local competition.

 

The owners of Next Trick Brewery want to begin renovating an already existing facility off Route 5 in West Burke into a seven-barrel brewing facility. They are currently finalizing their permits through Act 250 which monitors how development impacts the community and environment.

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Fighting Homelessness in the NEK

mealforamissionBURKE- RuralEdge, a nonprofit organization dedicated to fighting poverty in the Northeast Kingdom, partnered up with QBurke Mountain Resort to host the third annual "Meal for a Mission", an event dedicated to fighting homelessness. 

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Delays Mounting at Q Burke Hotel

QBurke HotelBURKE – Following a week of setbacks at Q Burke Mountain Resort that started with officials announcing the hotel's grand opening will be delayed and ended with a worker being struck and injured by a forklift, the project is moving forward in hopes of completion by mid-January.

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New Power for Burke Town School

Burke GeneratorBURKE – The installation of a new power generator at the Burke Town School is now complete, making the school safer for the students and more reliable for the community. The generator is a part of the school's five-year plan, and is only one of the improvements they plan to make.

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Q Burke Eyes Trail Lights

burkelightsBURKE – Skiers and snowboarders in the Northeast Kingdom may soon have the option to hit the slopes after dark. Q Burke Mountain Resort wants to install lights along several trails to allow for skiing and riding at night.

 

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Flooding in Burke

floooooooooding EAST BURKE – Flood season is approaching and the town of Burke has yet to change its current flooding regulations, to meet the Federal Emergency Management Agency ‘s (FEMA) standards.

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PeakCM, State at Odds Over Hotel Contract

QBurke HotelBURKE – PeakCM President Jerry Davis says the Department of Financial Regulation has not contacted him to resolve a major Q Burke hotel contract issue, despite the fact that it appeared the agency would do so at some point this week.

 

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Hotel Contractor Says Shutdown Still Possible

QBurke HotelBURKE - PeakCM President Jerry Davis says the State approved some of the money he was owed for the Q Burke hotel project on Friday, but the operation could still be shut down this weekend because of ongoing issues with equipment expenses.

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Lt. Gov. Scott Comments on Hotel Issues

QBurke HotelBURKE - The Vermont Attorney General's office and Governor Peter Shumlin's office will look into the situation at Q Burke, according to Lt. Governor Phil Scott.

PeakCM, the general contractor for the project, sent a letter to Scott and Governor Peter Shumlin on Thursday requesting that they get involved and force the Department of Financial Regulation to approve previous invoices so that the company can be paid.

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Hotel Contractor Wants Gov. Shumlin to Intervene

QBurke HotelBURKE – The general contractor for the Q Burke hotel project has asked Governor Peter Shumlin and Lt. Governor Phil Scott to intervene and force the state to approve delayed payments. PeakCM sent a letter to both offices yesterday requesting that Vermont's top state officials step in to resolve the situation. PeakCM President Jerry Davis says he will shut the project down at 4 p.m. today if issues with late payments are not fixed.

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Q Burke Hotel Contractor Threatens Shutdown

QBurke HotelBURKE – The general contractor for the Q Burke hotel construction project will shut down the operation this Friday if issues with payments are not corrected.

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Solar Panels to Power School

Solar Panels to Power SchoolWEST BURKE - A local school is going solar this year as two thousand two hundred and fifty solar panels are going to be installed in a gravel pit off of Route 5 in West Burke. The energy they produce is going to help power Lyndon Institute, saving them money and energy.

 

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Biker Hit by Car

bikerthumbBURKE - Pascal Rozon, 40, of Vaudreul-Sur-Le-Lac, Quebec, was injured as he was hit by a car on Alpine Mountain Road.

 

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