Here’s a press release put out by the Princeton MLP this week:
$1 million for Internet make-ready gets approval
-Total of $1.2 million now allocated to prepare for town-wide fiber optic installation –
July 8, 2015, Princeton, MA – The Princeton Board of Selectman voted July 7 to move forward with borrowing the $1 million remaining on the $1.2 million approved by town meeting voters for make-ready activities necessary for installing a town-wide high-speed fiber optic Internet network. The vote was 3 to 0 with added approval from members of the Advisory Board in attendance.
The $1.2 million total represents an estimate prepared by the Princeton Broadband Committee to cover work by Verizon and project consultants for engineering studies, pole assessments and upgrades, installing fiber optic wire hangers, police details and the construction of telecommunications huts. The work will involve examining and preparing each of Princeton’s nearly 2700 poles on public ways and additional poles on residential properties that are currently co-owned by Verizon and the town light department.
The board also approved a Request for Information, which was prepared by the Broadband Committee and set for distribution to potential vendors next week.
According to Stan Moss, chair, Princeton Broadband MLP, “The unanimous vote by the board to borrow the full amount is a major step forward in bringing high-speed fiber optic Internet into every Princeton home. There are some procedural steps to process through – bond counsel approval and the loan auction by our financial advisor – before we will have the funds in hand. Consensus among board members is that things are finally moving along but there is still much to do.”