MA Gov Body
- Filters
- MA
- Hampden County
- 10/9/24
- 10/11/2024
- 86 Minutes
- Noteworthy
- Highly Noteworthy
- Routine
Overview: During the recent meeting of the Southwick High Speed Internet Committee, members grappled with the financial feasibility of their ambitious project, considering a potential $15 million borrowing plan. Concerns dominated the discussion, particularly around whether town residents would approve such borrowing and the project’s financial viability amidst rising construction costs. The committee identified the unpredictability of the “make ready” phase, which involves preparing utility poles for fiber installation, as a financial risk factor. This phase might take up to two and a half years, potentially delaying infrastructure development and increasing costs.
- MA
- Hampden County
- 8/15/24
- 08/16/2024
- 96 Minutes
- Noteworthy
- Highly Noteworthy
- Routine
Overview: The Southwick High-Speed Internet Committee met to review updated financial projections for their $17 million fiber buildout project, emphasizing the importance of accurate cost assessments and sustainable revenue models.
- MA
- Hampden County
- 8/1/24
- 08/06/2024
- 54 Minutes
- Noteworthy
- Highly Noteworthy
- Routine
Overview: The Southwick High Speed Internet Committee met recently to discuss developments in their ongoing broadband project, notably focusing on the unexpected doubling of the project budget from $2 million to $4 million, financial modeling challenges, and competitive strategies to ensure the project’s viability.
- MA
- Hampden County
- 7/18/24
- 07/19/2024
- 44 Minutes
- Noteworthy
- Highly Noteworthy
- Routine
Overview: The Southwick High Speed Internet Committee recently convened to deliberate on the financial structuring and customer rates for the town’s high-speed internet project. The meeting centered on the vital discussion of funding sources, including a $250,000 grant and a $900,000 ARP fund, alongside the consideration of bond interest rates that could potentially rise from 2.5% to 5%. Furthermore, the committee evaluated the project’s timeline, design costs, and strategies for infrastructure implementation. Deliberations also touched upon the monthly charge per customer, the anticipated take rate, and the operational logistics, such as the need for a structure to house internet infrastructure.
- MA
- Hampden County
- 4/23/24
- 04/24/2024
- 67 Minutes
- Noteworthy
- Highly Noteworthy
- Routine
Overview: In a recent meeting, the Southwick High Speed Internet Committee delved into the intricate details of designing and financing a future-proof high-speed internet infrastructure for the town, addressing both the technical specifications of the system and the financial models necessary to support the project’s implementation.