While I wasn’t able to attend the latest UTOPIA board meeting (bit of a drive from Cedar City), I did get a summary of what was discussed during that meeting. One of the things that came up was the long-delayed Macquarie deal. For all intents and purposes, it’s most likely… Continue reading
One of the big obstacles to Macquarie moving forward has been the lack of a binding public vote option. After the craziness in Orem with a citizen referendum overturning council action, I can’t see that they would be too keen to make a contract that can be unexpectedly nullified. Unfortunately, Utah… Continue reading
Now a year late on delivering MS2, most people have assumed that the Macquarie deal is dead and buried. With no real news (other than the leak of the draft MS2 proposal from earlier this year), there’s been no evidence that the deal is alive at all. So is it… Continue reading
Maybe it’s just me, but I’m starting to tire of waiting for the cities who opted into Milestone 2 of the proposal from Macquarie to finally act. After missing the original August deadline to complete the report, there’s been almost dead silence. Nobody seems to want to talk about it,… Continue reading
Macquarie’s Milestone 2 proposal has been finally released to the public. Here’s a quick run-down of the most important details. The final cost per address is estimated at $22.60 per month. Macquarie estimates that re-working the deal to account for five cities bowing out trimmed the cost by $8.57 per… Continue reading
If you still have questions about UTOPIA and Macquarie, Layton wants to make sure you get some answers. Per a letter they sent to residents, they’re holding two public meetings next week. Layton has scheduled two Q&A meetings to address questions about the UTOPIA / Macquarie proposal. July 15,16 pic.twitter.com/K8lYtwwHck… Continue reading
In all of the city council discussions over the Macquarie deal, the conversation has been dominated by the potential cost of the utility fee. Even with the extremely high probability of generating enough revenue to cover the utility fee and reduce the bond payment, it’s all about what how much money… Continue reading
In a 4-0 vote (one council member was not present), Perry opted to move forward with Macquarie’s Milestone Two proposal for UTOPIA. This brings the final total of addresses participating to just shy of 53%. Each city who opted to get the full proposal will still need to vote to… Continue reading
Orem voted 6-1 to reject Macquarie’s proposal for the UTOPIA network. Orem represents 18.7% of the total addresses covered by the network. Midvale, West Valley City, Layton, Tremonton, and Brigham City have all voted yes while Payson, Lindon, Centerville, and Murray have voted no. A vote from Perry is expected tonight… Continue reading
Centerville followed Murray in rejecting Milestone Two tonight, this one on a 4-1 vote. Only Perry and Orem are left to vote, but so far over half of the addresses covered by UTOPIA are opting to move forward with getting more information from Macquarie on the true cost to build,… Continue reading