To add to the comments by @justinlaing: "Under the terms of the partnership, the City will own the network, and Cruzio will act as the developer during enginee

To add to the comments by @justinlaing: "Under the terms of the partnership, the City will own the network, and Cruzio will act as the developer during engineering and construction and as the operator when the network is complete. Financing for the development of the network will be through City-backed municipal revenue bonds, repaid through the revenue from the sale of network services (and not by the taxpayers). The project will be financially self-sustaining and 100% of the profit generated will stay in the City of Santa Cruz." http://cruzio.com/2015/06/the-santa-cruz-fiber-project-2/ http://cruzio.com/2015/06/the-santa-cruz-fiber-project-2/