The folks from Alaska I work for seem to know how to work the system... They keep getting some choice government contracts.
On Aug 11, 2016 11:16 AM, "Travis Johnson" <t...@ida.net> wrote: > Just saying that government money is never what it's cracked up to be. > I've never taken a single dime (loan, grant, tax, assessment, etc) and > probably never will, with any of my companies. It's just not worth all the > extra work and headaches. If you have a sound business plan and operation, > just borrow the money and get it done. > > There are all kinds of ways to be creative when it comes to funding. > Leasing equipment, 60 day term credit cards, lines of credit (secured with > assets of the business), or even home equity loans (4.25% right now, with > interest only payments), etc. > > Travis > > > On 8/11/2016 10:52 AM, Sterling Jacobson wrote: > >> Definitely. >> >> Travis, are you just generally saying the money comes with strings >> attached, or do you have actual specific experience with Special Assessment >> in this manner? >> >> -----Original Message----- >> From: Af [mailto:af-boun...@afmug.com] On Behalf Of Chuck McCown >> Sent: Thursday, August 11, 2016 10:51 AM >> To: af@afmug.com >> Subject: Re: [AFMUG] Special Assessment >> >> Yeah, good people find themselves in legal trouble all the time when >> getting involved with guvmnt money. Less than zero tolerance for even the >> appearance of evil. >> >> -----Original Message----- >> From: Travis Johnson >> Sent: Thursday, August 11, 2016 10:48 AM >> To: af@afmug.com >> Subject: Re: [AFMUG] Special Assessment >> >> 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? >>> >>> >>> >> >
