Isn t there a better use of the City s and taxpayers money than building this new utility?
The City is not proposing spending tax money on this project. The borrowed capital will be paid back by the users of the broadband system through their subscriber fees. As outlined in the feasibility study, the bonds used to build a broadband utility would be paid back from user fees (the subscriber fees). It is not anticipated that the taxpayers would be burdened with the cost of providing broadband. Failure to meet this goal would result in some burden for the taxpayers.
