Isn't this interesting? Orem has been crying foul since residents
successfully passed a referendum putting their proposed property tax increase to
a vote. They have claimed they are having to lay off workers, people are being
forced to retire, and you can bet they are going to raise fees because
"they" stopped the needed flow of money. Now they can pull $53,000 A
MONTH out of their hats for two years because it wasn't needed elsewhere?
How about it being needed for salaries, costs, and to pay for needed services
like fire and police? I smell something rotten. It isn't in Denmark.
If residents get fiber through UTOPIA for "A LOT LESS" then why does
UTOPIA need to "BEG" for more money from the UTOPIA cities. The answer
is because the reason UTOPIA can offer "A LOT LESS" is they have a
"BOTTOMLESS PIT" of funds to draw on from the "WE KEEP OUR PROMISE
CITIES" who have leaders that don't have a clue about how the
"REAL" business world works. The "BEST" move that Orem could
have made was to stand with Murray & Tremonton, and "SAY NO" to any
further UTOPIA financial assistance, and then to "ONLY" pay what had
been committed towards UTOPIA in the past. UTOPIA would ultimately show its
"FAILURE" to be able to survive in the "REAL WORLD." Then UTOPIA
as an "ENITY" would file for bankruptcy, and the Bankruptcy Judge would
look with an raised eye brow at the Bonds co-signed by each UTOPIA CITY,
especially since the "UTOPIA ENITY" no longer is able to meet its Bond
promises. The Bankruptcy Judge would acknowledge that the City co-signed
"UTOPIA ENITY" no longer is capable, sell off assets, and apply the
eventual loss to the "HOPE YOU DON"T NOTICE UTOPIA BONDHOLDERS"
@ RCSAs the Communications Manager for UTOPIA, I'm trying to
leave a comment here about how residents can get fiber into the home for a lot
less than most realize, but the DesNews keeps denying it because it's
"advertising."So, without any specifics, let me just say
that there are less costly options.
Thank you, AlexanderTWolf, for restoring my faith in readers.
@RCS - Wi-Fi = no cables needed? That just isn't true. Every wireless
tower taps into fiber optic cables somewhere. The better the connection at the
tower, the better the wireless coverage. And, if you live in Orem you are
already paying for it whether you connect or not. The more people who connect,
the less tax money will be spent. So many comments refer to UTOPIA as a private
company -- it isn't. It is a government entity that in many respects is
merely another department of the participating cities. Finally - Orem
didn't pledge another $24 million, that's the amount of the potential
bond. Orem's contribution is much smaller. Gotta love "accurate"
Here is another item that no one seems to be talking about: The city (via
UTOPIA) can lay the cable, but they can't make the citizens connect and use
it. I personally will NOT pay the price being charged to connect. Bring that
price DOWN or you will find that the majority of Orem citizens WILL NOT CONNECT.
Then where will Orem be and the Orem City Council's decision at the
beginning and these continuing decisions to fund UTOPIA? It looks like a
LOSE/LOSE situation to me. I'm sorry. The buck stops with the Orem City
Council that originally went with UTOPIA, and later councils that continue to
fund this project.
I thought the venture was foolish at the time that UTOPIA was initially looked
at by the Orem City Coundil -- for this reason: computer technology moves too
fast. No one knew then what was coming even 5 years out. Now we have Wi-Fi,
etc. No cables needed. I have no doubt that no one talking to the city council
had the vision to know if Orem should bank on the UTOPIS technology for the
future, and commit the city's funds to do so. My understanding also was
that UTOPIA promised it would be self-sufficicnt. What happened to that? And
now to keep adding more and more and more funds, with no end in sight, I'd
say BAIL as this article has said Murray City and Tremonton have done. The city
responds by saying, We have to keep our Promise. I say, What happened to their
PROMISE to be self-funding? Were these additional bonds and funds part of the
original deal? Why not? This venture has lost money from the start. It is not
a pretty picture, sorry to say.
Great. At least someone is working to make this thing work! I wish Orem and
Utopia all the best. Seriously.