fiber optic network

General News
9:41 am
Tue February 19, 2013

WL Board of Works postpones sale of vacant lot

West Lafayette officials have postponed the sale of a vacant lot on Salisbury Street, just south of Sycamore Lane.

Metronet bid a little more than $27,000 for the property.

The lot would be used to build a structure to house the equipment and servers for a proposed fiber-optic network.

Metronet says offering high-speed television, internet, and telephone services will make West Lafayette more attractive to businesses and people looking to move to the area.

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Business
12:17 pm
Wed June 20, 2012

Metronet moving forward with plans for fiber optic network

A feasibility study indicates a proposed fiber optic network for Lafayette and West Lafayette would be profitable.

That’s according to Metronet officials, who say in order for the project to move forward the company must finalize the establishment of Tax Increment Financing districts.

Spokesperson Steve Biggerstaff says that will enable Metronet to secure bonds for startup costs.

He says the goal is to start serving customers in February.

Biggerstaff says a similar review is still being conducted in unincorporated parts of Tippecanoe County.

Business
12:01 pm
Wed February 22, 2012

WL moving forward with fiber optic network

The city of West Lafayette is moving forward with plans for a fiber optic network.

However the details of the project have changed.

Initially Metronet officials asked the city to partner with Lafayette and Tippecanoe County to create a tax increment financing district that would enable the company to secure a bond for startup costs.

The Lafayette Redevelopment Commission would have been the lead agency.

But the West Lafayette Redevelopment Commission voted today to establish its own TIF district so it would have more direct input in the process.

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Government
6:50 am
Wed January 18, 2012

Fiber Optic Network Gains Support

The city of West Lafayette is a little closer to endorsing a proposed fiber optic network throughout the county.

The Redevelopment Commission has given its approval for Metronet to move forward with an engineering study on the project.

Commission President Larry Oates says he originally was inclined to vote against the measure, but admits his opinion changed after getting more background about the company.

Oates says public comment at a meeting last week was overwhelmingly in favor of the fiber-to-the-premises effort.

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Business
12:15 pm
Mon January 9, 2012

Future of proposed fiber optic network in the hands of area officials

The Tippecanoe County Redevelopment Commission is recommending moving forward with a deal that would build a fiber optic network in the area.

Evansville-based Cinergy Metronet is proposing installing fiber that would be available to most homes and businesses in the county.

But company officials say first the county must establish a tax increment financing district to enable Cinergy Metronet to secure a bond of up to six-million dollars for startup costs.

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