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Burke County authorizes letter of credit tied to $12 million BEAD broadband award
Summary
Commissioners authorized a two-year letter of credit through First National Bank to meet a BEAD program requirement tied to an approximately $12 million federal broadband award; county staff said SPLOST funds will match the project and the county does not expect to draw on the credit.
Burke County commissioners authorized a county letter of credit required for a federal BEAD (Broadband Equity, Access, and Deployment) award reporting an approximate $12 million allocation for broadband fiber deployment across the county. County staff said the BEAD funding will be matched by SPLOST funds already set aside for fiber and recommended First National Bank for the two-year…
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