HomeMy WebLinkAbout06.18.2025 Telecom Board Minutes - Affidavit THE COURIER
AFFIDAVIT OF PUBLICATION
TELECOMMUNICAT ONS UTILITY
BOARD OF TRUSTEES
City C°uncil Chambers
June 18,2025
4:00 pm.
Waterloo-Cedar Falls Courier wry ea h uXM::Mo�V9°M'aaae`
6915 Chancellor Drive 2.Mman and Ms Wenands wercondedb
2.Moved by Kurtenbach seconded by
Cedar Falls 50613 Y,reirmhat the agenda ale amended
try r ,ole- Item x14 be Motion
c d.
(319)291-1400 Volae ate-Ayes:Th se.Mall°n tar
!ad.
3.Mored by Kurtenbach secanded by
Young gpreAng the minutes of May
State of Florida, County of Broward, ss: dyBed2,ale proposed.Melte ete-
'Three. prel canietl.
4.Moved by Kure`been sacontletl try
Young approving a Resolution autho
king apaymenl of bills for Ma 2025.
Anjana Bhadoriya, being first duly sworn, deposes and says: That RCIIC llm°te-AyesTh,'.M°, °ear.
,led.Resowtlan No.2026-07 7.
(s)he is a duly authorized signatory of Column Software, PBC, duly S.Moved by Kurtenbach secondadby
Young approving Change Order Na
authorized agent of Waterloo-Cedar Falls Courier, a publication that Group2of°°at�'E"le"IL°ora°not I-
cr of$105,537.82,In conjuration
is a'legal newspaper"as that phrase is defined for the city of Cedar w h he FY2°23°°°etre °° a
Flber-to-the-Premise Feede[/Dlatrlbu-
Falls,for the County of Black Hawk, in the state of Iowa,that this Co and Backbone and a Project,
Contract No.1088, tl tut ball
the General Manager to yecuta saki
affidavit is Page 1 of 2 with the full text of the sworn-to notice set Moti i�a'rrl V. nate Ayas:Three.
forth on the pages that follow, and that the attachment hereto Eric Logo Goii Managershared
that this change order Is for os o"'ng
contains the correct copy of what was published in said legal
cur"allrem nnden T°war'°'doh°
cure than
newspaper in consecutive issues on the following dates: Moved
aesNYug pig Kurtenbach
CR-2025-0022 with Entrust Solutions
Croup,of WdnrshAa,IL for a net de,
crease of$215,078.15,In can�u notlta
v✓,th the FY2023 CohsUucllon of a
Fiber-to-[he-Peoplse Feeder/131d bu-
PUBLICATION DATES: Ilan and Backbene Not-11,Preeet,
Contract No.1088,and authndzlnq
Jul. 22, 2025 the General Manager 1.—cut.saitl
tlocum ant, MOIce vote-Ayes:Three.
Motion carried.
NOTICE ID: LrtKQEKSxCVVSWOwbbdO Eric Lase'Genera Manager'shared
Ihat ua Is the at ,as on Is los Chau.
Iauqua Park That was previously dls�
PUBLISHER ID: COL-IA-602571 °°.°d
NOTICE NAME: 06.18.2025 Telecom Board Minutes YoungeapPwl"ChangeeOrddee Na
CR-2025-0023 with Entrust Solutions
Publication Fee:$218.46 Gose,of Warrenvi Ile,I L for a not'n
of$5,678.40,In conkoncllan
w, FY2023 0. raction
of a
Fiber-to-the-Premise FeederlDistribu-
VAMA 81 Adoli flan and Backbone Network Pr°,e°t.
Contract No.1088,and aothorizinp
the General Manager to execute set
document, M°Ite mate-Ayes:cores.
(signed) Motion carried
AP1411vII110g4� SHERI SMITH Eric Lag,,General Manager,shared
Notary public-State of Florida that th-s Increase le for swappingg a
144 count fiber for a 288 count/lber
Commission#HH269383 10 real..extra Capacity to 5
o IrailerP rk erre a
oe��� Expires on Mey 31,2026
VERIFICATION ";E F seconded by
///plgrOPtlt� Young appreving l n.,eplion,ale -
farIng pre lminary pans,speciflcaateof
State Of Florida corm of°°n'raC,etc.,resenins a or
bid opening as July 3,2025,and date
of public he aring ale July 16,2025,In
fb-
County of Broward t°n;ed sn with the Fr 2°25 Pr Ag.
n°ated shelter at 512 Unmer5ly Ave-
ue,Contract No.1113,and ofd.. .11
Mardi l0 publish null car Roh
Call vote-AyesThree.Motion carried.
flesolu[ion Na 2025012.
Subscribed in my presence and sworn to before me on this: 07/24/2023 E,u alp General Manager
ptalnetl Taal no olds w ,telvsd
onthls RFP so they asked Entrust tt
go back to some of the bidders and
ask for a reason why they didn't p
vide any pr°posaK.Same said they
V did an.ave the erenifis""
i shelter and mailable,Th1,Is resetting the spe0l/i-
catl0ns l0 a different size shelter and
Notary Public
Notarized remotely online using communication technology via Pro f.
06.18.2025 Telecom Board Minutes - Page 1 of 2
resetting same of the dates. Compliance Policy, stating that it Is not
something that will need to be repeated.
9.Public Hearing—FV 2025 Prefabricated
Shellerat512 University Avenue,Contract Mr.Van Fleet commented on the slow-
No.1113,was canceled. down of the updated proforma and ac-
knowledged it was important to get the
10. Moved by Young seconded by Kur- proforma right. He commented that it
tenbach approving a channel lineup and was unfortunate,but also part of the due
underlying agreements for said channel course of making sure things are correct
lineup and authorizing the General Man- in the proforma and up to date.
ager to execute said agreements.Voice
vote-Ayes:Three.Motion carried. 14. Resolution Directing the Acceptance
of a Proposal to Purchase Not to Exceed
Mr Van Fleet acknowledged that there $60,000,000(amount subject to change)
was a lot of work put Into this an every- Communications Utility Revenue Capital
thing looks great. Loan Notes Anticipation Project Note,Se-
rles 2025A.was tabled.
Mr.Young concurred.
15. U date from general manager and
1i. Moved by Kurtenbach seconded by consultants.
Young approving a Resolution setting date
of hearing as July 16,2025,to establish Eric Lags,General Manager,shared that
rates for the channel Ilneup,and directing work continues on the Insurance renewal
the Board Secretary to publish notice. with PDCM,and that the audit will be con-
Roll Call vote-Ayes:Three.Motion carried. ducted soon Interviews were held today
Resolution Na 2025-013. for the marketing position and there were
some very good candidates- He further
Mr Kurtenbach questioned if we would be shared that the ribbon cutting event will be
ready to begin heckling people up to TV held on July 14,and 4:00 p.m.
after that
Mr. Van Fleet asked how My Waterloo
Eric Loge, General Manager. explained Days went.
there was still quite a bit of work that
needs to be done. as well as a testing Eric Lage commented that It was awe-
phase. some and snared that atter Ron Steele
read through the parade as Grand Mar-
12Moved by Kurtenbach seconded by shall,hecame back for a second time with
Young approving a Resolution hiring Dan- us wearing his Waterloo Fiber gear.
na Morrow to the ppositlon of Customer
Service Manager.effective June 23,2025, Mr.Kurtenbach shared that he noti cod that
at asalary of$70,000.00 plus benefits, a crew workingonFranklinrecent lyhad no
with an Employment Agreement and au- Waterloo Fiber markings on their vehicles.
lhorixing the Board Chair and Board Sec- He requested to get an update on where
retary to execute said document.Roll Call things are with each of the task orders,if
vote-Ayes:Three. Resolution Na 2025- the conduit is in, if they are splicing, re-
014. lease dates,and eventually what we are
getting for connectlon.
Eric Lage, General Manager, Introduced
Danns and shared that she has been an Eric Lage commented that it can be dls-
employee of Waterloo Fiber as a Custom- cussed in the closed session or be done
er Support Representative prior to this one on one with whomever Is Interested
role.
Mr. Kurtenbach questioned If the board
Mr Kurtenbach questioned if this would could get a report next month on how soon
create another opening that would need we can see people getiing hooked up.He
to be filled. also asked i}wre should hire people now if
the contractor isn't getting more people In.
Eric Lage confirmed.
Eric commented that he can share Infor-
13Moved by Kurtenbach seconded by mation in She closed sesslon.
Y, approvin�a Resolution Approving
Past-issuance ompliance Policy. Rall Mike Regan,Entrust,provided an update
Call vote-Ayes: Three. Resolution No. on construction.The last two work orders
2025-015. In Phase I were just recently completed.
The last task order In Phase 3 should be
Eric Lage,General Manager,provided an completed by early July.Concrete founds-
overview of the pollcy.He shared that it is tion for the Phase 2 shsite rwill he poured
like a layer of protection when we take out the week of June 30,and they anticipate it
Tax Exempt Revenue Bonds and prevents to be delivered and Installed by mid-July
us from getting an audit by the IRS.The
pollcy outlines how and when theeyy can be 16. Moved by Kurtenbach seconded by
spent and assets purchased these Young to adjourn to a closed session at
bonds. 4:35 p m.pursuant to Iowa Cade Section
388.3[1]to discuss marketing and pricing
The board members continued to discuss strategies or proprietary information if Its
how funds can be used and where they competitive position would be harmed by
could be deposited. Eric explained that public disclosure not required of potential
as soon as the first round of funding is oractual competitors,and If no public puf-
received.they will need to immediately re- pose would be served by such dlsclosu re.
Imburse the city for the cast that they have Roll Call vote-Ayes:Three.Mot Ion carred.
been carrying,which is approximately thlr-
teen and a half million dollars. 17.Adjourn.
Travis Squires,Piper Sandler,provided an Moved by Kurtenbach seconded by Young
update on financing and shared that they to adjourn from closed session at 5:37
have interest from a couple of investors. p.m. Roll Call vote-Ayes:Three Motion
However,the problem has been the time it carried.
took to review and verify the proforma be-
fore going out to potential investors.This With no further business before the boartl,
process left too short a timellne for them it was moved by Young seconded by
to comfortably complete the transaction. Kurtenbach that the meeting be adjourned
They will continue to see if they can find at 5:37 p.m.Voice vote-Ayes,Three.Mo-
a solution by the end ofthe week.He also tion carried.
shared that though there was some inter-
est from a couple of local Iowa banks,bath Nancy HI by
have passed.phey will continue to search Deputy"I Clerk
for additional Investors. COL-IA-602571
Maggie Burger.Speer Financial,spoke to
the tfinellne and asked If It would be pos-
sible to hold a meeting on Monday for an
update.
The board members agreed a Zoom call
on Monday at 4:00 p.m.wou Id work.
Maggie Burger shared additional Informa-
tion on agenda Item #13,Post-Issuance
06.18.2025 Telecom Board Minutes - Page 2 of 2