Ft. Collins Colorado Did It, Why Not Your City?

Recognizing that broadband is critical infrastructure Ft Collins sold bonds to build a city run fiber network. The story is in the Coloradoan:

After several months of laying the groundwork for building and operating a new high-speed broadband network, the community recently celebrated two significant milestones in that process.

The bond sale closed June 14, and from that the city of Fort Collins received $142.2 million to fund the fiber system build-out.

Investors interested in backing the broadband network bought out $1,000 bonds sold through three official brokers in just two days. During a one-day advance “retail” sale, prior to institutional and investment banker access, Colorado investors purchased $5.7 million of the bonds — with local residents given priority via zip codes — and another $11.1 million was invested in the retail setting nationally. The remaining available bonds were purchased the next day by institutional and investment bankers.

The successful bond sale, local investment and high-quality credit ratings from two agencies further demonstrate both the public support and investor confidence in a city-run broadband service.

We also unveiled the brand at a recent community kick-off event. Based on the belief that community is built through connection, I’m thrilled to introduce Fort Collins Connexion, our community-driven and community-owned fiber network.

Connection means different things to different people within our community. It can be cutting-edge technology for think tanks or research labs, or the ability to work from home for a global organization. It can also mean providing high-speed access to entertainment or reliable, equitable access to family, friends and opportunity.

Rest of the Coloradoan.com story is HERE.


3 thoughts on “Ft. Collins Colorado Did It, Why Not Your City?

  1. Christopher Futch April 5, 2019 / 1:17 pm

    Maybe we can start a groovy conversation on the 5g rollout.
    This recently caught my attention.
    I have heard so much about it, but I didn’t pay much attention to the specifics of it. I am just starting to wrap my head around it.
    It seems to be one of the most controversial projects of modern times.
    Some people are claiming serious health risks. Even going so far as labeling it as an existential threat to humanity.
    Shewee… that sounds scary.
    What I do know, is that these things will be all around us. Bombarding us with more RF transmissions.
    And there is such a push for it. Municipalities footing the bill, corporations talking of making it “freely accessible” …why such the push?
    Why is so much of it being done in secret?
    Put your tin-foil hats on folks, you are going to need them.


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