Innovative bond financing proposed for Marin FTTH project
A fiber to the home project for 216 residences in the Marin County community of Nicasio will be partially funded by a selling bonds to investors, if everything works out as planned. The first step is up to the California Public Utilities Commission, which will be considering a $1.5 million grant from the California Advanced Services Fund to pay for 60% of the cost. The remaining 40% will be raised via a type of simplified private bond offering to financially qualified individuals and organisations that’s allowed by California law.… More