Funding Available:

• •  The CCA’s board has given approval to fund municipal projects on a case-by-case basis. Although, primarily aimed at communication related development, the CCA can provide long term lease/purchase agreements on a variety of projects. Examples:             
• •  Typically, projects qualify for a double tax exempt status, providing among the lowest fixed rate financing available.
• •  Financing is tailored to the individual municipalities needs.
• •  Rates are fixed throughout the life of the financing.
• •  Payments are flexible enough to suit any city’s needs.
• •  Payments can be strcutured anywhere  from  monthly to annual. The intial payment can be deferred for up to one year. Graduated payments are available if desired.
• •  The CCA is open to other options as needed.
• •  Terms can be in any increment up to 240 months, with longer terms available on a case-by-case basis.

RFPs &  Bond Issues are History:


RFP's No Longer Needed:

 The CCA was formed to allow a city the flexibility to take advantage of dealing government-to-government. Although laws vary from state-to-state, generally, municipality's are not required to issue an RFP or otherwise place the project out to bid when dealing with the CCA. 


No Bond Issue Required:

The issuance of bonds are no longer needed when funded by the CCA. This flexibility allows the city to better manage its financial operations and to decide how they want the project to appear on their books. This can be important in lessening, or eliminating, the impact of the project on the city’s financial ratings. This is an important factor to consider if future bond issues are anticipated by the city’s management for other projects.

     
     Free CCA Analysis:

    Upon request, the CCA will provide a free analysis of the economic impact that a wireless broadband and/or an AMI system will have on your municipality.

The analysis is made up of 6  key components:

• •  An estimated total cost to provide a turnkey solution to build-out the proposed infrastructure, along with the replacement and conversion of applicable meters (water, electric, gas) to AMI technology.
• •  The city’s potential to recover revenue currently being lost through degration of meters.
• •  The potential operational savings the city can expect in the areas of telecommunications and meter reading.
• •  The effect of  financing over different time periods.
• •  The estimated net financial benefit (positive, negative, or neutral) to the city.
• •  If the financial benefit is neutral or negative, alternatives will be provided to obtain a positive revenue stream.