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> Sadly, the municipality didn’t have any capital to invest a penny into that fiber […] Would borrowing money (issuing a bond) be an option in cases like this?
by throw0101d 6mo ago
> Sadly, the municipality didn’t have any capital to invest a penny into that fiber […]
Would borrowing money (issuing a bond) be an option in cases like this? Pay it off over the course a decade (two/three?), and make the payments part of the fee put to users?
- ttul 6mo agoYes, they could have borrowed money. It requires a referendum, but I believe it would have passed. Alas, many small community politicians are retired folks (who else has time when you’re getting paid $500/mo) and in my case, they just didn’t get how crucial this stuff is.