WL moving forward with fiber optic network
The city of West Lafayette is moving forward with plans for a fiber optic network.
However the details of the project have changed.
Initially Metronet officials asked the city to partner with Lafayette and Tippecanoe County to create a tax increment financing district that would enable the company to secure a bond for startup costs.
The Lafayette Redevelopment Commission would have been the lead agency.
But the West Lafayette Redevelopment Commission voted today to establish its own TIF district so it would have more direct input in the process.
Mayor John Dennis is glad the city and Metronet could compromise to make this project a reality.
Metronet can now move forward with a field study to determine the feasibility of the fiber optic network.
The Lafayette Redevelopment Commission is expected to vote on creating a TIF district that includes the County at its meeting tomorrow morning.