“Vote called on fiber-optic plan”—Advocate

Advocate coverage of the Lafayette City-Parish Council fiber-optic vote focused on the outcome: the bonds.

Pull quotes:

The Lafayette City-Parish Council voted Tuesday to call a July 16 election on the funding of the LUS plan to offer phone, cable and high-speed Internet services on a fiber-optics network run to homes and businesses in the city…

The proposition states the $125 million in bonds will be paid off by the revenue generated from the new communications division.

Should that money not be enough, the remainder of the obligation would be paid by a “secondary or subordinate” pledge of the revenue of the overall utilities, the bond proposition said…

Using the words “secondary or subordinate” pledge was intended to convey that all other LUS obligations would first have to be met…

That previous document detailed that only “excess revenue” would be used for such purposes, and went through the list of all other utilities obligations that would have to be paid first, including the sizeable in-lieu-of-tax payment LUS makes to the city each year.

The point of going through this is to assure folks that the chance of any blow-back to their favorite angst, be it rates or taxes or something else they don’t want changed, is minimal. The bond holders will be last in line after all of LUS’ local responsibilities.

There’s risk of course, but it is small and distant–you have to go through some pretty fancy shenanigans to find a situation where a big fiscal hit is taken–and what risk there is is mainly to a hope for future reductions in rates. As the city has said, it’s a lot easier to find credible scenarios where the fiber optic system makes money and relieves the pressure on the city to turn to taxation instead of direct fees for service to fund necessary city services. That’s exactly what is happening with the current city utilities; they function to save the citizens money that would otherwise be taken from them in the form of taxes.

The story closes with a few words of wisdom Kaliste Saloom:

“Bold vision is the exclusive mark of a progressive community and Lafayette is such a community,” Saloom said. “The future of Lafayette cannot be left in the hands of distant board rooms.”

Saloom said he expects the election will feature heavy advertising from the two private companies, BellSouth and Cox Communications, which have already spoken out against the LUS plan.

Indeed. And my guess is that we’ll get not a few ads developed on top of the little trolling expedition through LUS’ records that Lawsuit #1 is meant to enable.

187 thoughts on ““Vote called on fiber-optic plan”—Advocate”

  16. Hi, just required you to know I he added your site to my Google bookmarks due to your layout. But seriously, I believe your internet site has 1 in the freshest theme I??ve came across.

  25. Hi, just required you to know I he added your site to my Google bookmarks due to your layout. But seriously, I believe your internet site has 1 in the freshest theme I??ve came across.

  30. Hi, just required you to know I he added your site to my Google bookmarks due to your layout. But seriously, I believe your internet site has 1 in the freshest theme I??ve came across.

  42. Hi, just required you to know I he added your site to my Google bookmarks due to your layout. But seriously, I believe your internet site has 1 in the freshest theme I??ve came across.

  63. Hi, just required you to know I he added your site to my Google bookmarks due to your layout. But seriously, I believe your internet site has 1 in the freshest theme I??ve came across.

  66. Hi, just required you to know I he added your site to my Google bookmarks due to your layout. But seriously, I believe your internet site has 1 in the freshest theme I??ve came across.

  87. Hi, just required you to know I he added your site to my Google bookmarks due to your layout. But seriously, I believe your internet site has 1 in the freshest theme I??ve came across. Casibom Website Giriş : Casibom

  94. Hi, just required you to know I he added your site to my Google bookmarks due to your layout. But seriously, I believe your internet site has 1 in the freshest theme I??ve came across. Onwin , Onwin Giriş onwin

  95. Hi, just required you to know I he added your site to my Google bookmarks due to your layout. But seriously, I believe your internet site has 1 in the freshest theme I??ve came across.

  117. Hi, just required you to know I he added your site to my Google bookmarks due to your layout. But seriously, I believe your internet site has 1 in the freshest theme I??ve came across.

  120. Hi, just required you to know I he added your site to my Google bookmarks due to your layout. But seriously, I believe your internet site has 1 in the freshest theme I??ve came across.

  125. Hi, just required you to know I he added your site to my Google bookmarks due to your layout. But seriously, I believe your internet site has 1 in the freshest theme I??ve came across. Diyarbet

  133. Nice article inspiring thanks. Hello Administ . Websiteye Giriş için Tıklayın. a href=”https://cutt.ly/SahabetSosyal/” title=”Sahabet” rel=”dofollow”>Sahabet

  134. Everything is very open and very clear explanation of issues. was truly information. Websiteye Giriş için Tıklayın. a href=”https://cutt.ly/SahabetSosyal/” title=”Sahabet” rel=”dofollow”>Sahabet

  136. Thank you great posting about essential oil. Hello Administ . Websiteye Giriş için Tıklayın. a href=”https://cutt.ly/SahabetSosyal/” title=”Sahabet” rel=”dofollow”>Sahabet

  138. Hi, just required you to know I he added your site to my Google bookmarks due to your layout. But seriously, I believe your internet site has 1 in the freshest theme I??ve came across. Websiteye Giriş için Tıklayın. a href=”https://cutt.ly/SahabetSosyal/” title=”Sahabet” rel=”dofollow”>Sahabet

  139. Hi, just required you to know I he added your site to my Google bookmarks due to your layout. But seriously, I believe your internet site has 1 in the freshest theme I??ve came across.Onwin Giriş için Tıklayın onwin

  142. Hi, just required you to know I he added your site to my Google bookmarks due to your layout. But seriously, I believe your internet site has 1 in the freshest theme I??ve came across. Websiteye Giriş için Tıklayın. a href=”https://cutt.ly/SahabetSosyal/” title=”Sahabet” rel=”dofollow”>Sahabet

  145. Thank you for great article. Hello Administ .Websiteye Giriş için Tıklayın. a href=”https://cutt.ly/SahabetSosyal/” title=”Sahabet” rel=”dofollow”>Sahabet

  146. Hi, just required you to know I he added your site to my Google bookmarks due to your layout. But seriously, I believe your internet site has 1 in the freshest theme I??ve came across.Website Giriş için Tıklayın: tipobet

  148. Hi, just required you to know I he added your site to my Google bookmarks due to your layout. But seriously, I believe your internet site has 1 in the freshest theme I??ve came across. Website Giriş için Tıklayın. Starzbet

  152. Great post thank you. Hello Administ . Websiteye Giriş için Tıklayın. a href=”https://cutt.ly/SahabetSosyal/” title=”Sahabet” rel=”dofollow”>Sahabet

  153. Thank you for great content. Hello Administ. Websiteye Giriş için Tıklayın. a href=”https://cutt.ly/SahabetSosyal/” title=”Sahabet” rel=”dofollow”>Sahabet

  156. After all, what a great site and informative posts, I will upload inbound link – bookmark this web site? Regards, Reader. Websiteye Giriş için Tıklayın. a href=”https://cutt.ly/SahabetSosyal/” title=”Sahabet” rel=”dofollow”>Sahabet

  157. I really love to read such an excellent article. Helpful article. Hello Administ . Websiteye Giriş için Tıklayın. a href=”https://cutt.ly/SahabetSosyal/” title=”Sahabet” rel=”dofollow”>Sahabet

  161. Hi, just required you to know I he added your site to my Google bookmarks due to your layout. But seriously, I believe your internet site has 1 in the freshest theme I??ve came across. Website Giriş için Tıklayın. Starzbet

  183. Hello! I could have sworn I’ve been to this blog before but after browsing through some of the post I realized it’s new to me.