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i3 Broadband pitches fiber build in Cary; staff to bring right‑of‑way agreement to board
Summary
i3 Broadband presented its fiber plans and asked the village to consider a right‑of‑way agreement; staff said a final negotiated agreement will be presented to the board at a later meeting.
Mike Elam, vice president of community relations and market development for i3 Broadband, told Cary trustees on May 20 that his company plans to invest about $10 million to build fiber infrastructure in the village and asked officials to consider a right‑of‑way permitting agreement.
"We are getting ready to make a multimillion dollar investment in your community, close to $10,000,000 that we're gonna do," Elam said. He described i3 as a competitive local exchange carrier that offers symmetrical fiber speeds, phone service and a month‑to‑month residential model with no long‑term contracts.
Elam said i3 already works in neighboring communities including Algonquin, Crystal Lake and Lake in the Hills and that the company had completed a walkout and ongoing utility coordination. Cary staff said they have been negotiating terms with i3 and will present a final negotiated right‑of‑way agreement to the board for consideration at a future meeting.
Trustees asked about pricing, business contracts, and how i3 compares to incumbent providers. Elam said residential plans start as low as $19.99 in promotional pricing and typical price points are around $30–$50 a month; business services often require contracts. He also said i3 offers higher upload speeds than many cable providers by using fiber.
No formal action was taken; staff said it would return to the board with a final agreement for approval.
