Category: tax increment financing

Don’t Forget the Financing! – Community Broadband Bits Podcast 307

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When municipalities and other local governments are planning for publicly owned Internet infrastructure, they must coordinate many moving pieces to get the project going and to keep it on a successful track. In this interview, Christopher and Tom Coverick, Managing Director at KeyBanc Capital Markets, discuss one of the most important components of community network planning: finance.

Christopher and Tom met up at the May 2018 Broadband Communities Summit in Austin, Texas.

In addition to some of the types of bonding and other mechanisms communities use to fund their projects, Christopher and Tom discuss the politics and ancillary issues that affect local leaders’ decisions to take the step to finance for a project. Risk is a consideration and it affects the cost of financing. Tom advocates that financing should be part of the equation early in the planning process and he explains why his experience has led him to this conclusion. Christopher and Tom also talk about some creative funding techniques that local communities have used to make borrowing more palatable and suitable for their unique situations.

This show is 25 minutes long and can be played on this page or via iTunes or the tool of your choice using this feed.

Read the transcript for this show here.

You can download this mp3 file directly from here. Listen to other episodes here or view all episodes in our index.

Thanks to Arne Huseby for the music. The song is Warm Duck Shuffle and is licensed under a Creative Commons Attribution (3.0) license.

Arlington Expands Internet Access for Low-Income Households – Community Broadband Bits Podcast 293

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In Virginia, Arlington has found new ways to use its municipal network to reduce the digital divide. Katie Cristol, Chair of the Arlington County Board, and Jack Belcher, County Chief Information Officer, join us for episode 293 of the Community Broadband Bits podcast to explain what they are doing.We discuss how a new residential development, Arlington Mill, will feature affordable Internet access delivered via Wi-Fi for low-income families. It was financed in part with Tax Increment Financing and required a collaboration between multiple departments to create.We discuss the challenge of creating such collaborations as well as some of the other benefits the ConnectArlington project has delivered.Remember to check out our interveiw with Belcher from 2014 for episode 97 of the podcast, when we discussed the decision to begin offering connectivity to local businesses.Read the transcript for this show here.This show is 27 minutes long and can be played on this page or via iTunes or the tool of your choice using this feed.You can download this mp3 file directly from here. Listen to other episodes here or view all episodes in our index.Thanks to Arne Huseby for the music. The song is Warm Duck Shuffle and is licensed under a Creative Commons Attribution (3.0) license.

Dark Fiber Brightens Downtown Business Climate in Eugene – Community Broadband Bits Podcast 263

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Eugene is a good example of recent public-public partnerships developing to expand fiber optic Internet access. The city of 166,000 in Oregon helped finance a downtown dark fiber network by the Eugene Water and Electric Board (EWEB), which is publicly owned but has an independent governing board from the city. Eugene's Economic Development Planner Anne Fifield and EWEB Engineering Technician Nick Nevins joined us for episode 263 of the Community Broadband Bits podcast to discuss the project and early results.We talk about what businesses have been the early adopters of the dark fiber availability, how it was financed, and how it has helped to fill downtown office locations with businesses. Read the transcript of the show.We want your feedback and suggestions for the show-please e-mail us or leave a comment below.This show is 25 minutes long and can be played on this page or via iTunes or the tool of your choice using this feed.You can download this mp3 file directly from here. Listen to other episodes here or view all episodes in our index.Thanks to Arne Huseby for the music. The song is Warm Duck Shuffle and is licensed under a Creative Commons Attribution (3.0) license.

Valparaiso Embraces Dark Fiber – Community Broadband Bits Podcast 199

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When Valparaiso, Indiana looked into solutions for a business that needed better Internet connectivity than incumbent providers were willing to reasonably provide, it quickly found that many businesses were lacking the access they needed. The market was broken; this wasn't an isolated incident.

Correction: Lisa misspeaks in the intro, saying Valparaiso is northeast of Chicago. It is southeast.

Valparaiso General Counsel & Economic Development Director Patrick Lyp joins us to discuss what Valparaiso is doing to ensure its businesses have the access they need in episode 199 of the Community Broadband [no-glossary]Bits[/no-glossary] podcast.

We discuss the need from local businesses and the dark fiber approach Valparaiso has started to encourage better choices in the ISP market. We also discuss the funding mechanism, which is tax-increment financing – a tool increasingly common in building dark fiber networks in Indiana.Read the transcript from this show here.We want your feedback and suggestions for the show-please e-mail us or leave a comment below.

This show is 25 minutes long and can be played below on this page or via iTunes or via the tool of your choice using this feed.

You can download this mp3 file directly from here. Listen to other episodes here or view all episodes in our index.

Thanks to Kathleen Martin for the music, licensed using Creative Commons. The song is “Player vs. Player.”

First Muni Fiber Net in Maine – Community Broadband Bits Episode 115

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By building a fiber line to allow some local businesses to get next-generation Internet access, Rockport became the first municipal fiber network in the state of Maine. Town Manager Richard Bates joins us for episode 115 of the Community Broadband [no-glossary]Bits[/no-glossary] podcast.

We discuss the financing behind the network and their partnership with local Internet Service Provider, GWI, to improve access to the Internet.

Bates also explains how they had to ask voters for authorization to use a tax-increment financing approach to paying for the network to spur economic development. Nearby communities have been watching to see what happens.Read our story about this network here.

Read the transcript from our conversation here.

We want your feedback and suggestions for the show – please e-mail us or leave a comment below. Also, feel free to suggest other guests, topics, or questions you want us to address.

This show is 15 minutes long and can be played below on this page or via iTunes or via the tool of your choice using this feed.

Listen to previous episodes here. You can can download this Mp3 file directly from here.

Find more episodes in our podcast index.

Thanks to The Bomb Busters for the music, licensed using Creative Commons. The song is “Good To Be Alone.”