Title:
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FIBER BUSINESS PLAN – REVIEW OF MAGELLAN ADVISORS REPORT ON USE OF FIBER FOR ENHANCED COMMUNITY BROADBAND COMMUNICATION INFRASTRUCTURE; $300,000 IN STARTUP COSTS OFFSET BY CURRENT REVENUES OF $420,000
That the Board of Public Utilities:
1. Receive a report from Magellan Advisors summarizing their work to develop a fiber business plan for Riverside Public Utilities;
2. Provide feedback to staff and the consultant on policy considerations relative to availability and expansion of broadband services in Riverside;
3. Approve in concept the roadmap for Phase 1 of the dark fiber deployment within the community; and
4. Approve the capital expenditure of $300,000 to begin implementation of Phase 1 of the proposed roadmap which will formalize RPU’s dark fiber leasing program.
(presentation by Kevin Milligan and Magellan Advisors - 30 min)
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