The West Central Tribune reports...
It’s official. The city of Willmar is on its way to becoming a “gig-city” following the groundbreaking for Willmar Connect — a city-owned, citywide broadband network.
“Willmar Connect will help ensure that Willmar is connected and in a position of success for generations,” said Willmar Mayor Doug Reese. “Years from now, we will look back on today as the moment Willmar took control of its digital future and invested boldly in the next generation.”
The article reports on the history and context of the project…
The city will own the infrastructure and Willmar Connect will be operated and managed by Hometown Fiber. Multiple internet service providers will operate on the open-access network, paying fees that will generate revenue to service the debt and interest on the bonds issued to fund network construction.
Kramer Service Group of Wisconsin was awarded the bid to construct phase one of the project at a cost of approximately $8.2 million. Phase one includes installing the network infrastructure to all businesses and residences west of First Street between U.S. Highway 12 and 19th Avenue, excluding the Willmar Industrial Park.
The city is continuing to pursue an approximately $1.5 million economic development grant that will build out fiber, as well as other infrastructure such as roads, water and sewer, in the Willmar Industrial Park.
In April, the Willmar City Council approved the issuance of approximately $8.3 million in general obligation tax abatement bonds at approximately 3.9% interest to fund construction of phase one.
Phase two of the project will build out the network in the southern and eastern portions of the city and phase three will build it out to the north. The total cost if all three phases are completed exceeds $30 million, including debt service and interest on the bonds. Phase two and three are expected to be completed in the next few years.