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Montpelier Loan Fund Committee

The Montpelier Loan Fund Committee (MLFC) is a 4-member committee appointed by the City Council for 2-year terms to assist the Planning and Development Department, in its capacity as the Montpelier Community Development Agency, to managing the various loan programs that have been established for business and economic development. The MLFC reviews loan applications and credit worthiness of prospective borrowers; determines terms and conditions of loan approvals; and helps to determine the distribution of loan funds to meet program objectives.

Members & Terms

                            Current Members                           Term Expires
Beth Boutin
January 2013
Kim Phalen January 2012
Claude Stone January 2013
Stephen A. Klein January 2012
JoAnn Gibbons September 2013


Members meet on an as-needed basis. Their recommendations are then forwarded to the City Council for final action.



Agenda, November 1, 2011, 5:30 PM, City Manger's Conference Room



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