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Council approves $80,000 advance to OnLight amid governance concerns
Summary
Aurora City Council approved a resolution to advance $80,000 to OnLight for operational support after debate about whether the funding should be structured as a loan or grant and whether the city should increase oversight of the nonprofit that administers municipal fiber assets.
The Aurora City Council voted on Jan. 13 to advance $80,000 to OnLight, the nonprofit that administers the city’s fiber asset, after a protracted debate about oversight, board vacancies and the nature of the funding.
Brian Caputo, chief operating officer, said the amount is framed as an "advance" while staff completes a strategic planning process to determine whether the funding should be structured as a loan or a grant. "This is our asset, the fiber that's in…
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