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Albemarle authority votes to authorize $554,657.10 closeout payment for BrightSpeed "VADI '21" project
Summary
The Albemarle County Broadband Authority voted to authorize staff to sign closeout documents and tender $554,657.10 as the authority's prorated portion of BrightSpeed's VADI '21 reimbursement after staff said BrightSpeed has delivered 1,416 of 1,430 agreed passings.
The Albemarle County Broadband Authority voted to authorize staff to sign closeout documents and tender $554,657.10 as the authority's prorated portion of a BrightSpeed reimbursement for the VADI '21 project, after staff said BrightSpeed has delivered 1,416 of 1,430 agreed "passings." The vote passed with members saying "aye."
Chief Administrator: "I share a desire to hopefully be done talking about VADI '21 very soon and have an ambition to actually have it all wrapped up by fiscal year end of fiscal year 25." The chief administrator summarized meetings with BrightSpeed and the Department of Housing and Community Development (DHCD), saying BrightSpeed confirmed 1,416 passings and the remaining 14 locations are being surrendered; DHCD will prorate its funding to reflect…
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