Michael Bradshaw | Seven Days | Vermont's Independent Voice

Michael Bradshaw 
Member since Jul 22, 2019


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Re: “City Councilors Past and Present Urge Reinvestment in Burlington Telecom

This press conference may not have been the best way to get the word out, but after asking Brian Pine about the specific details of the deal, I must say it sounds like a better option to re-invest some of these proceeds back into a now professionally run, profitable BT and have the city (tax payers) receive dividend payments in perpetuity. It would be a different revenue source other than taxes.

Perhaps current City Council opponents could require that some of the revenue generated by such a deal be earmarked for specific ongoing infrastructure or other projects to earn their votes? Otherwise, I'm just afraid once this bit of money is spent on any one-time projects, it's gone, instead of being a new (and growing) revenue source for the city.

Could someone post the specifics of the deal for people to analyze? I think it would really help people understand the offer in front of them.

19 likes, 2 dislikes
Posted by Michael Bradshaw on 02/14/2020 at 10:25 AM

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