You better build in an additional 100% for overhead costs... I would
imagine you would have to start doing audited tax returns and financials
every year. You will also have to have someone tracking every single
expense and what it is attached to, etc.
Then you will have all the overhead and administrative costs for
managing the paperwork and government related money.
Travis
On 8/11/2016 10:21 AM, Sterling Jacobson wrote:
Has anyone here ever done a special assessment funded project?
I have a couple of examples in Utah/Idaho, but am looking for specific examples
and advice from my provider friends here.
I'm not sure if it's called something else in other states so this is what I
have been told:
You talk to a land developer, get them to partner up with your company and the
city.
They allow a tax or assessment item to be attached to the developed lot/unit
for around 20 years.
Sometime like $150 a year, so $3000 total over the period.
The city council agrees and creates a bond type item for that and your company
gets a check for the total amount times number of properties.
Then you work with the developer to install all of the necessary stuff for
internet, which is fiber in my case.
And the new property owner has your service available from the get go, maybe
with free install, and a $150 a year discount on the service for 20 years.
Anyone done anything like this?
