New public financing method for broadband clears California senate
Padilla steps up for local broadband financing.
Broadband would be added to the list of public works projects that cities and counties in California can pay for via infrastructure financing districts (IFDs), under a bill passed by the state senate yesterday on a 36 to 0 floor vote. Assembly bill 2292 started life as a way of financing rail transport at the Port of Oakland, but was gutted and rewritten by assemblyman Rob Bonta (D – Oakland), at the suggestion of San Leandro’s mayor, Stephen Cassidy.… More