Loveland City Council approves broadband bonding package

9 months ago

Loveland City Council approved a broadband bond package last night allowing the newly created Electric and Communication Enterprise to issue and sell $95.42 million in bonds to finance the construction of the City’s broadband system. The City selected J.P. Morgan as the senior managing underwriter for the broadband project in August 2018 through an RFP process.

The bonding process takes approximately 60 days from the first reading of the bond ordinance, which took place on Dec. 18, 2018. Minibonds will not be included in initial issuance but will be evaluated for later financing stages.

The new citywide broadband network will make fiber-optic internet service available to every home, business and school in Loveland. The full network build-out is estimated to take approximately three to four years once construction begins. Service to the first broadband customers will happen as areas are built out and service becomes available. As another internet service provider choice, Loveland Broadband will provide the community access to light-speed internet at affordable prices.

With financing secured, the broadband team is moving forward with critical steps including developing plans, processes and systems; hiring and onboarding key staff roles in engineering, operations, sales and marketing; finalizing the fiber-optic network design; setting-up facilities; developing the broadband brand and building a local call center.

The City’s first broadband staffing announcement came in December as Brieana Reed-Harmel was named municipal fiber manager after leading the broadband project since June 2016 as project manager.

Loveland City Council approved a community-driven and city-owned fiber-optic broadband network in November 2018. Additional details, other news and broadband archives are available at cityofloveland.org/Broadband, by email at broadband@cityofloveland.org or by telephone, 970-962-2010.


Categories: broadband, financing
david 5 months ago
Hi, In today's (May 31, 2019) Reporter-Herald, Reed-Harmel states:" “We will be offering internet, telephone, possibly video… It will be a robust and flexible service ready for our future,” Reed-Harmel said. She said people will be notified by email and fliers when construction is about to happen on their streets." Can someone point me to where on this website it says exactly what services are to be offered and where in the City and when? I am a current Comcast user in the Mariana Butte area. I am specifically interested in what TV channels will be offered. If I am not able to get access to TV channels like PBS, the major networks and Fox, then I will not use the city's service until I can. That is my big 'want'. How can I find out if the City will roll this out and when for my location? Thank you.
nenjith 7 months ago
With regard to JaneDoe’s comment concerning the article by FCC Commissioner O’Rielly: Municipal networks are actively incentivized not to censor free expression exactly because, as O’Rielly put it, “Government speech restrictions are inherently distinct from their private-sector counterparts.” The city is thus accountable both to the law and to the community in ways that private internet service providers are not. If the community is displeased with the City’s internet use policies, then we may make a legal claim that rights are infringed and elect new representatives to city leadership positions. Whereas, if I am dissatisfied with my Comcast internet service (which I am) or feel that I have been unjustly censored, my choices at this time are to put up with the service or to not have sufficiently high-speed internet in my home. It’s also worth noting that, in 2018, Commisioner O’Rielly voted to reclassify ISPs as a Title I service, effectively limiting the FCC’s ability to enforce the principle that government and private Internet service providers should enable access to all content and applications regardless of source and without favoring or blocking particular websites. He wrote at the time, “It is a shame that this topic has been plagued by baseless fearmongering,” adding that people “have been told that free speech and civil rights are on the line. It simply isn’t true.” https://www.fcc.gov/document/fcc-releases-restoring-internet-freedom-order
JaneDoe 7 months ago
The FCC Commissioner is warning citizens that municipal broadband can be a threat to the First Amendment. (And I might add that Loveland voters have already been denied their right to vote on this project.)"Muni Broadband’s Ominous Threat to the First Amendment"https://www.fcc.gov/news-events/blog/2018/12/13/muni-broadbands-ominous-threat-first-amendment
JaneDoe 7 months ago
Please explain the authority by which the Electric and Communications Enterprise could pass an ordinance?
johnwhiatt 9 months ago
Fantastic news for Loveland! Looking forward to getting hooked up and having a more reliable and affordable internet connection. When I tell some of our neighbors about the basic plans they are very interested. One question I didn't have an answer for... if you sign up at the basic level and find out you need more bandwidth later, will that be easy to do?