[TriLUG] OT: URGENT: H.129 to be heard in Thursday's Finance Committee!

[Jon Carnes]

Hmmm sounds a bit snarky.

What part is it don't like? 
The high speed internet for a reasonable price, or the fact that tax
money was used as a seed for the business?

:-)

On Tue, 2011-03-15 at 16:43 -0400, David Hostetler wrote:
> "Again, it's all fully vetted. It's run like a business because it IS a
> business. Does that make sense?"
> 
> Yes it does.  So long as it is run like a business, adheres to the same
> rules and comes up with it's own pool of capital, I'm all for it.
> 
> ----
> Dave Hostetler
> M: 919.333.0591
> hostetler.david at gmail.com
> 
> 
> On Tue, Mar 15, 2011 at 4:36 PM, Mark Turner <jmarkturner at gmail.com> wrote:
> 
> > On 03/15/2011 04:21 PM, David Hostetler wrote:
> >
> >  If that is wholly 100% true, then my issue with it goes down a little, but
> >> are we saying that the venture is profitable straight out of the gate?
> >>
> >
> > All of this is fully vetted. Any municipality seeking large financingt must
> >  first have the project thoroughly vetted by the state's Local Government
> > Commission. They must produce a business plan like any other business.
> >
> > Let's consider Wilson's Greenlight service. Greenlight has a business plan,
> > and while the service is is not yet profitable it's on track to be.
> > Greenlight's subscriber numbers are well above plan, according to the city.
> > And as I mentioned in a previous post, that fiber can be used for many more
> > decades - it's a long-term investment.
> >
> > The city owns the infrastructure. City staffers (in Wilson, not New York or
> > Bangalore) answer the phone and provide support. All of this is paid through
> > revenue bonds.
> >
> > If that weren't enough, the city leaders are on the hook and are directly
> > answerable to the voting public. Try voting out the leadership of Time
> > Warner Cable!
> >
> > Again, it's all fully vetted. It's run like a business because it IS a
> > business. Does that make sense?
> >
> >
> > Cheers,
> > Mark
> > --
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---
"Be yourself... unless you suck."
                  Josh Whedon