The city of Monticello will use a general obligation bond to pay a $5.75 million settlement with FiberNet bondholders who filed a class action suit against the city. A final settlement hearing in the FiberNet bondholder lawsuit saga was held Friday, Sept. 12, in U.S. District Court in Minneapolis.
Monticello’s city-owned broadband network that offers high speed Internet, cable television and telephone services will be getting another general manager. FiberNet is currently being led by Dan Olsen and Brian Estrem. Olsen is in charge of network architecture and technology improvements while Estrem is leading daily operations. Contracts for both men run through the end [...]
Should the city of Monticello spend money for a feasibility study that would research the concept of municipal and other fiberoptic networks joining forces? That communications infrastructure-related query was on Tuesday night’s Monticello City Council agenda.
City officials have finally released a draft copy of a consultant’s status report that provides analysis of FiberNet Monticello technology and operational improvements. The Monticello Times filed a Freedom of Information Act (FOIA) request with the city asking the Dawson FiberNet Monticello status report be released.
Monticello’s quest to obtain a FiberNet software program independent of a management service contract generated friction during Monday’s city council meeting. Council members previously authorized purchase of billing software and associated support services from Great Lakes Data Services (GLDS) at their March 10 meeting. Software from the company was initially favored because city staff was [...]