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In Illinois, Highland's Network Moves Forward
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Highland Communications Services will soon be the newest community-owned FTTH network. It is on schedule to start offering services to businesses in September and some residences in October. A local news story details some of the costs and contracts behind the network.
The project will be paid for by a $9 million Electric System Revenue Bond issue, utilizing the Build America Bond program, created by the American Recovery and Reinvestment Act, as an incentive to communities to put people back to work. Build America Bonds will allow the City to issue taxable securities and then receive a subsidy from the U.S. Treasury equal to 35 percent of the interest.Highland's population is approximately 10,000. Please note the spelling error in the story - they are building a head-end, not a "dead-end" (despite the accusations of some).
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