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FINANCIAL IMPACTS <br /> if awarded, the BTOP grant will cover up to 70% of the cost of the proj ect. AFS estimates the total cost to , <br /> be approximately $8 million. AFS has indicated that the remaining 30% will be covered by AFS in <br /> exchange for public sponsorship and support of the AFS grant. AFS has requested a contribution to the <br /> annual maintenance of the 140 route miles in the amount of $49,000 per year. This cost will be divided <br /> amongst the members of Metro-1NET on an equitable basis using a cost sharing methodology developed by <br /> the Metro-INF.T Users Group. <br /> STAFF RCCOMMENDATION <br /> Staff recommends supporting the efforts of AFS in obtaining federal funding to expand fiber based <br /> <br /> s: broadband opportunities within our community. Given the uncertainty over the continued use of the <br /> Comcast provided fiber optic network it is necessary that Roseville and its parhier agencies take advantage <br /> > of any opportunity that can provide low cost, high speed connectivity between our public institutions to <br /> preserve the cost sharing relationships and operational efficiencies t•ealized over the past 12 years. <br /> RGQUCSTGDCOUNCILACTION <br /> > Motion to adopt a resolution pledging public support for American Fiber System's application to the <br /> National Telecommunications and Information Administration for the construction of a Community <br /> Broadband network within the Twin Cities North East Metropolitan area to include the City of Roseville. <br /> Prepared by: Chris Miller, Finance Directoa• <br /> Attachments: A: Resolution supporting a fiber infrastructure grant application by American Fiber Systems <br /> C3: American Fiber Systems grant program descriptiar <br /> Page 3 of 3 <br /> 6 <br /> <br />