Timeline for fiber project is pushed back
2014-09-11
By Kurt Menk
Editor
The board of directors for the RS Fiber Cooperative recently announced that the timeline for the proposed $57 million fiber project has been pushed back.
The group had originally planned to take the general obligation bonds to market by the end of this year.
Now, the group plans to focus on gathering support for the project through pledge cards through the end of this year. In addition, the group plans to get the financing and other processes into place for the project.
The group plans to finalize primary financing documents and take the general obligation bonds to market from January to March of 2015.
The plan is to complete the backbone engineering as well as engineering plans to build fiber lines out to communities and farms from April to June of 2015.
See the complete story in the Sept. 11 edition of the Arlington Enterprise.
Editor
The board of directors for the RS Fiber Cooperative recently announced that the timeline for the proposed $57 million fiber project has been pushed back.
The group had originally planned to take the general obligation bonds to market by the end of this year.
Now, the group plans to focus on gathering support for the project through pledge cards through the end of this year. In addition, the group plans to get the financing and other processes into place for the project.
The group plans to finalize primary financing documents and take the general obligation bonds to market from January to March of 2015.
The plan is to complete the backbone engineering as well as engineering plans to build fiber lines out to communities and farms from April to June of 2015.
See the complete story in the Sept. 11 edition of the Arlington Enterprise.
