The issue of the loan to Warwick Broadband is pretty simple. We have an
ongoing successful operation that generates a cash surplus. It has a good
credit rating. It borrowed money from the town to get started, paid it back
ahead of schedule. It has paid its bills on time as far as I know. It has
also lowered the cost to connect to the service. It now wants to borrow again
at a cost of capital well below market rate available to the general public to
significantly improve service. To me this is a no brainer.
The system is voluntary. If anyone is unhappy with the service, they do not
have to be a part of it. If they are unhappy and hope that it will get better,
they should support the effort. Since the loans get paid back, no one is
supporting the system with their tax dollars in the long run.
On a side note. Our service became awful. It was very, very slow and the we
kept losing our connection. It turns out the problem was too many programs
running the background. A computer wizard shut down the programs so they only
get called up when needed and our internet connection improved amazingly.
Based on our experience, I would suggest if you have a slow connection shut off
all the programs running in the background. Or, maybe go to someone's house
that has a "good" connection and hook up and see how your speed compares to
theirs. You can also go to the site that determines your download, upload and
ping times.
Ted Cady
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