Published October 16, 2009 at 5:07 p.m.
City officials have called two special meetings in the next two weeks to discuss the ongoing financial issues at Burlington Telecom.
They are also taking issue with comments made this week by Department of Public Service Commissioner David O'Brien about BT's viability and use of city pooled cash to fund its operations.
As first noted in "Fair Game" three weeks ago, BT is violating two key conditions in its certificate of public good. First, it hasn't completed wiring the city so all residents have a chance to buy the service; and secondly Burlington has essentially loaned BT $17 million from the city checkbook. Under its CPG, Burlington Telecom is supposed to repay any borrowed money from the city within 60 days.
BT has been borrowing the money, without repaying it, since early 2008.
City Council President Bill Keogh told Seven Days that the forums are meant to both give councilors a better understanding of how to proceed, and to give the public a chance to weigh in on the controversial topic.
Mayor Bob Kiss has called a special meeting of the Burlington City Council. It will take place on Tuesday at 7 p.m. in City Hall's Contois Auditorium. The second meeting will take place 7 p.m. on Oct. 22 in Contois Auditorium and has been called by the city council.
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