iansltx
join:2007-02-19
Golden, CO
kudos:2 Reviews:
 ·Verizon Online DSL
 ·RoadRunner Cable
·Comcast
| Yay Opelika! THe whole public-private partnership with Knology makes me a tad happier, even. Leave running ISP etc. ops to the people who do it for a living, and run the underlying network like a utility, for the betterment of all.
Looking forward to seeing how this all turns out |
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| i too like this approach. hope to see it work |
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| This is how Muni Projects should be done. Let the people vote and see if they are willing to foot the bill. Don't just make up the need and do it without the taxpayers approval. |
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| and when its run into the ground who gets to pay? All of those people that never wanted the service to start off with. Why should it be fair for them to pay to build a network that has a 50/50 chance rate of going under. Would you want to pay for something that went under that you never wanted to start off with?
If so i'm sure there are several Munis that would like some green to help foot their bills on the networks that have failed that they're still paying off. Provo is one that comes to mind.
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www.twopugsbrand.com Kosher, Vegan, and Organic Certified Dog and Cat treats/foods and other products! www.etsy.com/shop/snakx4u/ Organic, Kosher, Gluten Free, Vegan Human Baked Goods |
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| The difference is that a majority of the voters voted for it. |
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| the difference is many still voted "NO" and and will still get stuck with the bill regardless. That's the whole thing behind this. Why should some 60yo+ person have to pay for this build out if they don't want it? But yet, they'll still pay for it, one way or another, the same they do in many other cities.
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www.twopugsbrand.com Kosher, Vegan, and Organic Certified Dog and Cat treats/foods and other products! www.etsy.com/shop/snakx4u/ Organic, Kosher, Gluten Free, Vegan Human Baked Goods |
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 pnh102Reptiles Are Cuddly And PrettyPremium
join:2002-05-02
Mount Airy, MD | reply to battleop
Re: Yay Opelika! said by battleop:The difference is that a majority of the voters voted for it. It always seems that the voting majority that wants any freebie rarely coincides with the shrinking number of people who are taxed to pay for it.
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"Net Neutrality" zealots - the people you can thank for your capped Internet service. |
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| reply to hottboiinnc
And many people voted "NO" to Obama, yet we are going to have to pay for health care for that 60 + crowd. This is how democracy works. |
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| reply to pnh102
said by pnh102:said by battleop:The difference is that a majority of the voters voted for it. It always seems that the voting majority that wants any freebie rarely coincides with the shrinking number of people who are taxed to pay for it. What "freebie' are you referring to? Are you sure you're posting on the right thread? You may have taken a wrong turn at Fox News. |
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| Re: Yay Opelika! again I DO NOT LIVE IN CLEVELAND. What part of that don't you seem to get? Just because Cleveland is the main PO here doesn't mean i live there. I'm sorry i live in an upscale town with plenty of $$$$ that Cleveland will never see. And yes i do not like Muni projects, their nothing but a money pit and thats all they ever will be. They don't even come close to breaking even.
It comes back to the whole thing with Ohio and taxes- especially with school districts. Why should someone have to pay when they're not going to use it nor ever plan on using it. My 75year old grandmother shouldn't hae to pay for something like this if her city deployed this, nor should you're grandparents or parents. It's not fair to them just because you want it. IF you want it YOU pay for it. And that's the way it has ALWAYS been.
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www.twopugsbrand.com Kosher, Vegan, and Organic Certified Dog and Cat treats/foods and other products! www.etsy.com/shop/snakx4u/ Organic, Kosher, Gluten Free, Vegan Human Baked Goods |
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| reply to battleop
the health care plan is what the country needs. but speaking of tax money. You don't want to help bring down the cost of your own healthcare but yet you'd be willing to pay for a war that has gone on for how many years now? 9? yep! that's it! 9 and no proof that Iraq ever did anything to us. Expect for when he bombed the White House when G. H. Bush was in office. But yep! we'll bomb the hell out of Iraq then spend boat loads of money to rebuild, only to go back in 30years to reblow it back up and build again.
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www.twopugsbrand.com Kosher, Vegan, and Organic Certified Dog and Cat treats/foods and other products! www.etsy.com/shop/snakx4u/ Organic, Kosher, Gluten Free, Vegan Human Baked Goods |
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| reply to pnh102
Re: Yay Opelika! and thats the way muni projects are done. A few want them, ALL pay for it. |
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 nightshade74Yet another genxerPremium
join:2004-11-06
Prattville, AL
·Charter
| reply to hottboiinnc
Re: Yay Opelika! said by hottboiinnc:and thats the way muni projects are done. A few want them, ALL pay for it. Please elaborate. I thought the article stated it was being
payed for by a revenue bond.
Revenue bonds only pledge the income from the activity
ie water plant, airport, etc.
This of course differs from a general obligation bond .
Furthermore, as it turns out in this case a MAJORITY wanted it. |
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| reply to hottboiinnc
Except in Opelika 62% wants it. Thats a bit more than a few. |
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 marigoldsGainfully employed, finallyPremium,MVM
join:2002-05-13
Saint Louis, MO
kudos:2 | reply to hottboiinnc
said by hottboiinnc:and when its run into the ground who gets to pay? All of those people that never wanted the service to start off with. Actually, the bond holders get to pay, with some compensation from the Federal government (i.e. all taxpayers) since I am sure this is partially backed with Build America bonds. |
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iansltx
join:2007-02-19
Golden, CO
kudos:2 Reviews:
·Verizon Online DSL
·RoadRunner Cable
·Comcast
| btw it appears as though, for a ten year, 6% bond Opelika's payout per month would be $366,367. For a fifteen year bond at 4.8% it's $257,536. The best way to finance that bond is via triple play packages that are maybe a little cheaper than Charter, but with much better performance.
Now, that may be a little hard to do depending on how Charter runs their promotions versus Opelika. Right now Charter offers a $70 triple play package...for the first twelve months, on a twelve month contract. The bundle appears to include basic cable (like, broadcast basic), 8/1 internet service (I think it's 1 Mbps up) and unlimited VoIP. It appears as though the price skyrockets to $110 per month after the twelve months are up, meaning that a $100 triple play might be just the thing...or maybe not.
So let's say there's a $75 triple play, because people will switch to Opelika fiber over Charter even if it means paying a couple bucks more than the promotional price. Let's say the bundle includes unlimited VoIP, basic cable and 10 Mbps symmetric internet service. That should win a few customers 
Or take Charter's $95 triple play. For $25 more than the $70 one, you get digital TV but MUCH slower (1 Mbps) internet. Plus, in all likelihood, a big price shock at the end of your contract. $110 per month gets you Express (8/1) internet and a few HD channels. At that point, there's enough overall margin that providing competitive services won't be an issue.
On the internet side, six-month starting prices are cheap, but after that things get more expensive. 8/1 starts out at $30, then jumps to $55 after six months. 25/3 "Max" starts out at $55, then jumps to $80. In between, 16/2 ends up being $65. So if Opelika came in and offered 10/10, 20/20 and 30/30 for $50, $60 and $75, respecitvely, they'd be making enough money to keep the ship afloat and be outdoing Charter in the process.
What about the poor basic internet customers, constrained to their $20 per month existence? They should get DSL, to be honest. You don't get those kinds of prices in the US until your infrastructure has been paid off. |
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