Waterloo held a special election on Sept. 13 to approve a $20 million loan to develop a city-wide broadband network.
The measure passed the necessary 60% mark for approval with 84.28% (2,220) of residents voting yes and 15.72% (414) residents voting no.
The newly approved project will add another broadband provider to the city’s existing six.
The build-out for the project will start in Spring 2023 with costs estimated at $115 million.
The project is a costly and unwarranted burden for the taxpayers of Waterloo.
2
1
Get InVolved
Today!
Stay up to date by following the Voices for Good Government Facebook page and by signing up for our emails. We'll let you know what else your elected officials are doing.
Email or call your councilmember and tell them the city’s priorities are misplaced. And don’t forget to make sure your voice is heard on September 13.
Citations
1 “Waterloo Fiber Project/Municipal Communications Utility – City of Waterloo IA.” 2022. https://www.cityofwaterlooiowa.com/government/city_boards_and_commissions/telecommunications_board/waterloo_fiber_project_municipal_communications_utility_.php
2 “Waterloo votes ‘yes’ to issuing bond for fiber network build out – Waterloo-Cedar Falls Courier.” 2022. https://wcfcourier.com/news/local/govt-and-politics/update-waterloo-votes-yes-to-issuing-bonds-for-fiber-network-build-out/article_b9993bfc-49f1-5844-9ca3-f52b1d30d37f.html