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Placerville weighs citywide fiber build after $20 million grant; council leans toward voluntary participation
Summary
After securing a $20 million grant, Placerville staff presented options to build a citywide fiber network and offered two financing paths: a parcel-based citywide assessment or a voluntary opt-in rollout. Councilors favored voluntary participation while staff highlighted the funding certainty of a citywide approach.
Placerville staff briefed the City Council on options to build a citywide underground fiber-optic network after the city secured a $20 million grant that staff says would cover roughly 54% of a staff-estimated $37 million project to wire the community.
Senior management analyst Steve McCarter summarized the economic and equity case for fiber, and presented two financing models: a citywide assessment (bond) that would require a public vote and bill all parcels for capital recovery, or a voluntary rollout in which individual properties opt in and pay installation costs. McCarter said the grant made the project feasible but…
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