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2003 SESSION

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SB 1347 Southside-Southwest Fiber Optic Network Authority.

Introduced by: Charles R. Hawkins | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

Southside-Southwest Fiber Optic Network Authority. Creates the Southside-Southwest Fiber Optic Network Authority for the purpose of developing a fiber optic network to serve persons in the Southside region. The Authority will be governed by an 11-member board of directors, a majority of whom will also be members of the Tobacco Indemnification and Community Revitalization Commission. The Authority's powers include (i) issuing bonds, (ii) leasing capacity to retail providers of broadband and other telecommunications services, and (iii) applying for and accepting grants or loans of money or property from the Tobacco Indemnification and Community Revitalization Endowment.


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