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South Bend Redevelopment Commission <br /> Regular Meeting—June 28, 2011 <br /> 5. OLD BUSINESS (CONT.) <br /> A. Proposal from Radiant Networks continued... <br /> innovative creative applications that we never <br /> would have thought of but for the Metronet <br /> platform. Metronet has provided everything <br /> they've promised in the initial commitment. <br /> Mr. Gilot acknowledged that Mr. Varner and he <br /> have had a philosophical disagreement since the <br /> beginning that the city should have gotten cash <br /> dividends or something like it versus the benefit <br /> being to support the local economy. Mr. Gilot <br /> thinks the city has received a valuable return on its <br /> investment. <br /> Mr. Varner mentioned that the agreement is about <br /> to expire. He feels the city should receive cash <br /> rather than some sort of nebulous benefit that may <br /> or may not ever be quantified. Also, Mr. Varner <br /> said that 36 pair is a lot more fiber capability than <br /> the city will ever need for itself. Yet it cannot sell <br /> the extra capacity for cash without being in <br /> competition with the Metronet. He wishes he'd <br /> been a part of the negotiation of that agreement. <br /> He believes there's a revenue stream sufficient to <br /> cover the cost of this survey. He doubts <br /> Mishawaka is paying for its survey. <br /> Mr. Downes said he thinks the Reliant Networks' <br /> proposal is a great idea. He's involved with a <br /> business with 55 to 60 employees in downtown <br /> South Bend. The Metronet's $8,000 - $12,000 <br /> entry fee has been a stumbling block for his <br /> company. He encounters businesses on a weekly <br /> basis that are coming to South Bend because of the <br /> Metronet. Because the city has made this major <br /> investment, we have a responsibility to make sure <br /> the future is successful as well. <br /> 10 <br />