Mayor’s Response to the TDS Appeal of the Lawsuit
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Read more FiberNet Monticello news below.
Downloadable PDF of FiberNet Newsletter (October 2008)
Lawsuit Dismissed: TDS/Bridgewater vs City of Monticello
Update October 8, 2008
Bridgewater Telephone Company, an affiliate of TDS Telecom, sued the City of Monticello in May, challenging the City’s authority to use revenue bonds for a fiber-to-the-premises (FTTP) system. On October 8, the court issued its ruling dismissing the lawsuit on the merits. In his ruling, Judge Jon Jasper concludes that “the City has express authority” to “issue bonds to fund the FTTP project as an ‘other public convenience.” He also concluded that “the City is not proposing to impermissibly use funds gained from issuing bonds for ‘current expenses’ as prohibited under the statute.”
Downloadable PDF of Judge Jasper's ruling dismissing the lawsuit.
Public Statement by FiberNet Monticello (Oct. 14, 2008) following dismissal of the lawsuit.
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