Bennington Select Board Meeting Agenda 2026-06-08
Tax Stabilization Agreement Approved for The Orchards Resort Redevelopment
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Description
The Board approved and authorized signing of a 10-year Tax Stabilization Agreement with AWRE Vermont Resorts, LLC (The Orchards Resort) for redevelopment of the former SVC campus, with fixed assessments through 2037.
Contract Details
Vendor
AWRE VERMONT RESORTS LLC DBA THE ORCHARDS RESORT
Agency
Town of Bennington, VT
Contract Type
OTHER
Document Date
June 8, 2026
Contract Term
10 years (Tax Year 2027 – Tax Year 2037)
Renewal Date
2037-12-31
Renewal Info
Agreement runs for 10 years; no auto-renewal described; fixed assessment terms through end of 2037.
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