tax increment financing

Content tagged with "tax increment financing"

Related Topics
Displaying 141 - 150 of 384

Chesterton, Indiana: Dark Fiber Investment, Seeks Operator

Chesterton, Indiana, plans to deploy a dark fiber network to serve municipal facilities, anchor institutions, and local businesses. Like their neighbor to the south, Valparaiso, they hope to boost economic development, improve local services, and help the community compete in the race to draw in new industries. “We learned if we didn’t have that in the ground ready to go, we couldn’t compete,” said Town Manager Bernie Doyle.

Taking It One Step At A Time

The Chesterton Redevelopment Commission released a Request for Proposals (RFP) in late July as part of Phase II of the project christened the Chesterton Fiber Optic Network (CFON). The community is looking for an entity to operate and maintain, provide last mile connectivity, and perform other services typical of an Operator. Late last year, the community released the Phase I Request for Information (RFI), for a firm to design the fiber backbone of approximately 15 miles. They chose a company in March. The final phase will seek out a firm to construct the network.

Chesterton wants Gigabit connectivity for municipal, public safety, education, and other public buildings. The network must also provide similar services to community anchor institutions and local businesses; the community wants to attract high-tech, bio-medical, and financial firms to diversify its local economy.

The community's priorities include retaining ownership, increasing economic development, and deploying an expandable network. Chesterton wants to have the entire project lit and offering services by June 1, 2017.

Future Funds, Present Projects

Like Valparaiso, Chesterton is banking on tomorrow's dollars to finance today’s investment. The city will use Tax Increment Financing (TIF) to fund the project. TIF will permit the city to finance the network with future gains in property or sales tax expected to from the geographic area that will obtain the redevelopment or infrastructure project. They will be able to borrow the funds, build the network, then use the funds generated from the network to pay off the debt.

Chesterton, Indiana: Dark Fiber Investment, Seeks Operator

Chesterton, Indiana, plans to deploy a dark fiber network to serve municipal facilities, anchor institutions, and local businesses. Like their neighbor to the south, Valparaiso, they hope to boost economic development, improve local services, and help the community compete in the race to draw in new industries. “We learned if we didn’t have that in the ground ready to go, we couldn’t compete,” said Town Manager Bernie Doyle.

Taking It One Step At A Time

The Chesterton Redevelopment Commission released a Request for Proposals (RFP) in late July as part of Phase II of the project christened the Chesterton Fiber Optic Network (CFON). The community is looking for an entity to operate and maintain, provide last mile connectivity, and perform other services typical of an Operator. Late last year, the community released the Phase I Request for Information (RFI), for a firm to design the fiber backbone of approximately 15 miles. They chose a company in March. The final phase will seek out a firm to construct the network.

Chesterton wants Gigabit connectivity for municipal, public safety, education, and other public buildings. The network must also provide similar services to community anchor institutions and local businesses; the community wants to attract high-tech, bio-medical, and financial firms to diversify its local economy.

The community's priorities include retaining ownership, increasing economic development, and deploying an expandable network. Chesterton wants to have the entire project lit and offering services by June 1, 2017.

Future Funds, Present Projects

Like Valparaiso, Chesterton is banking on tomorrow's dollars to finance today’s investment. The city will use Tax Increment Financing (TIF) to fund the project. TIF will permit the city to finance the network with future gains in property or sales tax expected to from the geographic area that will obtain the redevelopment or infrastructure project. They will be able to borrow the funds, build the network, then use the funds generated from the network to pay off the debt.

Chesterton, Indiana: Dark Fiber Investment, Seeks Operator

Chesterton, Indiana, plans to deploy a dark fiber network to serve municipal facilities, anchor institutions, and local businesses. Like their neighbor to the south, Valparaiso, they hope to boost economic development, improve local services, and help the community compete in the race to draw in new industries. “We learned if we didn’t have that in the ground ready to go, we couldn’t compete,” said Town Manager Bernie Doyle.

Taking It One Step At A Time

The Chesterton Redevelopment Commission released a Request for Proposals (RFP) in late July as part of Phase II of the project christened the Chesterton Fiber Optic Network (CFON). The community is looking for an entity to operate and maintain, provide last mile connectivity, and perform other services typical of an Operator. Late last year, the community released the Phase I Request for Information (RFI), for a firm to design the fiber backbone of approximately 15 miles. They chose a company in March. The final phase will seek out a firm to construct the network.

Chesterton wants Gigabit connectivity for municipal, public safety, education, and other public buildings. The network must also provide similar services to community anchor institutions and local businesses; the community wants to attract high-tech, bio-medical, and financial firms to diversify its local economy.

The community's priorities include retaining ownership, increasing economic development, and deploying an expandable network. Chesterton wants to have the entire project lit and offering services by June 1, 2017.

Future Funds, Present Projects

Like Valparaiso, Chesterton is banking on tomorrow's dollars to finance today’s investment. The city will use Tax Increment Financing (TIF) to fund the project. TIF will permit the city to finance the network with future gains in property or sales tax expected to from the geographic area that will obtain the redevelopment or infrastructure project. They will be able to borrow the funds, build the network, then use the funds generated from the network to pay off the debt.

Chesterton, Indiana: Dark Fiber Investment, Seeks Operator

Chesterton, Indiana, plans to deploy a dark fiber network to serve municipal facilities, anchor institutions, and local businesses. Like their neighbor to the south, Valparaiso, they hope to boost economic development, improve local services, and help the community compete in the race to draw in new industries. “We learned if we didn’t have that in the ground ready to go, we couldn’t compete,” said Town Manager Bernie Doyle.

Taking It One Step At A Time

The Chesterton Redevelopment Commission released a Request for Proposals (RFP) in late July as part of Phase II of the project christened the Chesterton Fiber Optic Network (CFON). The community is looking for an entity to operate and maintain, provide last mile connectivity, and perform other services typical of an Operator. Late last year, the community released the Phase I Request for Information (RFI), for a firm to design the fiber backbone of approximately 15 miles. They chose a company in March. The final phase will seek out a firm to construct the network.

Chesterton wants Gigabit connectivity for municipal, public safety, education, and other public buildings. The network must also provide similar services to community anchor institutions and local businesses; the community wants to attract high-tech, bio-medical, and financial firms to diversify its local economy.

The community's priorities include retaining ownership, increasing economic development, and deploying an expandable network. Chesterton wants to have the entire project lit and offering services by June 1, 2017.

Future Funds, Present Projects

Like Valparaiso, Chesterton is banking on tomorrow's dollars to finance today’s investment. The city will use Tax Increment Financing (TIF) to fund the project. TIF will permit the city to finance the network with future gains in property or sales tax expected to from the geographic area that will obtain the redevelopment or infrastructure project. They will be able to borrow the funds, build the network, then use the funds generated from the network to pay off the debt.

Chesterton, Indiana: Dark Fiber Investment, Seeks Operator

Chesterton, Indiana, plans to deploy a dark fiber network to serve municipal facilities, anchor institutions, and local businesses. Like their neighbor to the south, Valparaiso, they hope to boost economic development, improve local services, and help the community compete in the race to draw in new industries. “We learned if we didn’t have that in the ground ready to go, we couldn’t compete,” said Town Manager Bernie Doyle.

Taking It One Step At A Time

The Chesterton Redevelopment Commission released a Request for Proposals (RFP) in late July as part of Phase II of the project christened the Chesterton Fiber Optic Network (CFON). The community is looking for an entity to operate and maintain, provide last mile connectivity, and perform other services typical of an Operator. Late last year, the community released the Phase I Request for Information (RFI), for a firm to design the fiber backbone of approximately 15 miles. They chose a company in March. The final phase will seek out a firm to construct the network.

Chesterton wants Gigabit connectivity for municipal, public safety, education, and other public buildings. The network must also provide similar services to community anchor institutions and local businesses; the community wants to attract high-tech, bio-medical, and financial firms to diversify its local economy.

The community's priorities include retaining ownership, increasing economic development, and deploying an expandable network. Chesterton wants to have the entire project lit and offering services by June 1, 2017.

Future Funds, Present Projects

Like Valparaiso, Chesterton is banking on tomorrow's dollars to finance today’s investment. The city will use Tax Increment Financing (TIF) to fund the project. TIF will permit the city to finance the network with future gains in property or sales tax expected to from the geographic area that will obtain the redevelopment or infrastructure project. They will be able to borrow the funds, build the network, then use the funds generated from the network to pay off the debt.

Bozeman Fiber Transitions from Construction to Operations

Local officials are preparing to light a highly anticipated municipal fiber-optic network in Bozeman, Montana. Over the course of three years, nonprofit Bozeman Fiber, Inc. laid about 30 miles of fiber optic cable in downtown Bozeman, connecting local government, businesses, and schools to a high-speed, fiber-optic network. According to local news provider MTN News via KBZK, Bozeman Fiber will be completely operational within the next 60-90 days. 

For Bozeman, affordable fiber-optic Internet access presents an important opportunity for local economic development. Anthony Cochenour of Bozeman Fiber explained the project’s goal to MTN News, 

"More bandwidth at lower costs, and better availability for higher bandwidth than we can get today. It’s one of the barriers to entry that Bozeman has to attracting increasingly large and interesting businesses, the business that we want to be here.”

A Unique Arrangement

Bozeman recently amended its ten-year old Downtown Urban Renewal Plan to prioritize fiber-optic infrastructure. When the city decided it needed a better network, locals created a private nonprofit entity, Bozeman Fiber, to oversee fiber deployment. Instead of the city running the network itself, they felt that a nonprofit would be better suited for the role. A majority of its seven board members come from the public and private sector, with just one seat for the city. The project’s $3.85 million budget was funded exclusively by private equity investments from local banks. 

We’ve been closely following Bozeman’s unique public-private collaboration:

Bozeman Fiber Transitions from Construction to Operations

Local officials are preparing to light a highly anticipated municipal fiber-optic network in Bozeman, Montana. Over the course of three years, nonprofit Bozeman Fiber, Inc. laid about 30 miles of fiber optic cable in downtown Bozeman, connecting local government, businesses, and schools to a high-speed, fiber-optic network. According to local news provider MTN News via KBZK, Bozeman Fiber will be completely operational within the next 60-90 days. 

For Bozeman, affordable fiber-optic Internet access presents an important opportunity for local economic development. Anthony Cochenour of Bozeman Fiber explained the project’s goal to MTN News, 

"More bandwidth at lower costs, and better availability for higher bandwidth than we can get today. It’s one of the barriers to entry that Bozeman has to attracting increasingly large and interesting businesses, the business that we want to be here.”

A Unique Arrangement

Bozeman recently amended its ten-year old Downtown Urban Renewal Plan to prioritize fiber-optic infrastructure. When the city decided it needed a better network, locals created a private nonprofit entity, Bozeman Fiber, to oversee fiber deployment. Instead of the city running the network itself, they felt that a nonprofit would be better suited for the role. A majority of its seven board members come from the public and private sector, with just one seat for the city. The project’s $3.85 million budget was funded exclusively by private equity investments from local banks. 

We’ve been closely following Bozeman’s unique public-private collaboration:

Bozeman Fiber Transitions from Construction to Operations

Local officials are preparing to light a highly anticipated municipal fiber-optic network in Bozeman, Montana. Over the course of three years, nonprofit Bozeman Fiber, Inc. laid about 30 miles of fiber optic cable in downtown Bozeman, connecting local government, businesses, and schools to a high-speed, fiber-optic network. According to local news provider MTN News via KBZK, Bozeman Fiber will be completely operational within the next 60-90 days. 

For Bozeman, affordable fiber-optic Internet access presents an important opportunity for local economic development. Anthony Cochenour of Bozeman Fiber explained the project’s goal to MTN News, 

"More bandwidth at lower costs, and better availability for higher bandwidth than we can get today. It’s one of the barriers to entry that Bozeman has to attracting increasingly large and interesting businesses, the business that we want to be here.”

A Unique Arrangement

Bozeman recently amended its ten-year old Downtown Urban Renewal Plan to prioritize fiber-optic infrastructure. When the city decided it needed a better network, locals created a private nonprofit entity, Bozeman Fiber, to oversee fiber deployment. Instead of the city running the network itself, they felt that a nonprofit would be better suited for the role. A majority of its seven board members come from the public and private sector, with just one seat for the city. The project’s $3.85 million budget was funded exclusively by private equity investments from local banks. 

We’ve been closely following Bozeman’s unique public-private collaboration:

Bozeman Fiber Transitions from Construction to Operations

Local officials are preparing to light a highly anticipated municipal fiber-optic network in Bozeman, Montana. Over the course of three years, nonprofit Bozeman Fiber, Inc. laid about 30 miles of fiber optic cable in downtown Bozeman, connecting local government, businesses, and schools to a high-speed, fiber-optic network. According to local news provider MTN News via KBZK, Bozeman Fiber will be completely operational within the next 60-90 days. 

For Bozeman, affordable fiber-optic Internet access presents an important opportunity for local economic development. Anthony Cochenour of Bozeman Fiber explained the project’s goal to MTN News, 

"More bandwidth at lower costs, and better availability for higher bandwidth than we can get today. It’s one of the barriers to entry that Bozeman has to attracting increasingly large and interesting businesses, the business that we want to be here.”

A Unique Arrangement

Bozeman recently amended its ten-year old Downtown Urban Renewal Plan to prioritize fiber-optic infrastructure. When the city decided it needed a better network, locals created a private nonprofit entity, Bozeman Fiber, to oversee fiber deployment. Instead of the city running the network itself, they felt that a nonprofit would be better suited for the role. A majority of its seven board members come from the public and private sector, with just one seat for the city. The project’s $3.85 million budget was funded exclusively by private equity investments from local banks. 

We’ve been closely following Bozeman’s unique public-private collaboration:

Bozeman Fiber Transitions from Construction to Operations

Local officials are preparing to light a highly anticipated municipal fiber-optic network in Bozeman, Montana. Over the course of three years, nonprofit Bozeman Fiber, Inc. laid about 30 miles of fiber optic cable in downtown Bozeman, connecting local government, businesses, and schools to a high-speed, fiber-optic network. According to local news provider MTN News via KBZK, Bozeman Fiber will be completely operational within the next 60-90 days. 

For Bozeman, affordable fiber-optic Internet access presents an important opportunity for local economic development. Anthony Cochenour of Bozeman Fiber explained the project’s goal to MTN News, 

"More bandwidth at lower costs, and better availability for higher bandwidth than we can get today. It’s one of the barriers to entry that Bozeman has to attracting increasingly large and interesting businesses, the business that we want to be here.”

A Unique Arrangement

Bozeman recently amended its ten-year old Downtown Urban Renewal Plan to prioritize fiber-optic infrastructure. When the city decided it needed a better network, locals created a private nonprofit entity, Bozeman Fiber, to oversee fiber deployment. Instead of the city running the network itself, they felt that a nonprofit would be better suited for the role. A majority of its seven board members come from the public and private sector, with just one seat for the city. The project’s $3.85 million budget was funded exclusively by private equity investments from local banks. 

We’ve been closely following Bozeman’s unique public-private collaboration: