Still govmnt cheese in my book cuz I sure can't just issue a bond to raise capital. Totally unfair advantage if you ask me. There are wisps in this area FYI
2 cents -Sean On Thu, Jun 1, 2017 at 7:56 PM <fiber...@mail.com> wrote: > Lewis Bergman wrote: > > I don't remember saying anything about fiber vs wifi. > The title of your post is Muni WiFi. > > > As for the cheese, I would argue yes. Those bonds don't magically pay > themselves. > > They are paid off of taxes, they have to show them segmented but still > taxes pay them. > I don't think that's quite how it works, unless you specifically issue > tax finance bonds. > > If the municipality issues revenue bonds, there is no gubment cheese, as > only revenues from operations are used to pay the bond. The government > isn't even on the hook for a default, if they are pure revenue bonds. > > Even if the muni issues tax guaranteed bonds, it does not necessarily > mean there will be any gubment cheese. During normal operations the network > users will pay for the bond, and that's that. The gubment cheese only comes > into play if the operations are unprofitable and they are incapable to pay > the bond payments. > > So the existential question is, is there any gubment cheese if the > cheese is never seen nor used? > > Jared > > > Sent: Thursday, June 01, 2017 > > From: "Lewis Bergman" <lewis.berg...@gmail.com[mailto: > lewis.berg...@gmail.com]> > > To: "Animal Farm" <af@afmug.com[mailto:af@afmug.com]> > > Subject: [AFMUG] Muni WiFi > > > > I guess Coloradan's just can't get enough gubment cheese > > > > *Colorado* > > *Fort Collins Ponders Build-Out of Its Own ISP Using Public Utilities* > > Oftentimes, municipalities will partner with private ISPs to provide > > internet service as a public utility. But one Colorado city—Fort Collins > > < > http://insidetowers.us7.list-manage.com/track/click?u=d1b803ea3d99f4c1c1335a213&id=0b96ba638b&e=cc20c00449[http://insidetowers.us7.list-manage.com/track/click?u=d1b803ea3d99f4c1c1335a213&id=0b96ba638b&e=cc20c00449] > >—is > > considering a ballot initiative that would give it authority to develop > its > > own internet network through the city’s Light and Power Utility, > > reports *Community > > Networks.* > > > > The ballot initiative, which would be voted on this upcoming November, > > would change the city charter to enable the Light and Power Utility to > > provide internet service. It may also ask voters to consent to allowing > > municipal bonds to fund the build-out of the network infrastructure, > which > > could cost an estimated $125 to $140 million. > > > > In 2015, the city’s partnership with the private, Canadian-owned company > > Axia fell through, prompting the municipality to weigh other options for > > providing a municipal-wide network. That same year, 83 percent of voters > > chose to opt out of SB 152, which discouraged Colorado municipalities > from > > building out their own networks. > > > > Local public officials have cited this vote as a sign that residents > favor > > the build-out of a locally owned and operated network, provided through > the > > city government. City Council member Ross Cunniff told *Community > > Networks* that > > voters are more than ready. “When I talk to citizens, really the main > > question on their minds isn’t ‘should we?’ It’s, ‘Why haven’t you gotten > > around to do it yet?’” > > >
