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WL EDC approves Metronet bonds

A process to bring a fiber optic network to homes and businesses in West Lafayette is taking another step forward.

The city’s Economic Development Commission signed off on $2.5-million in bonds for Metronet to install the infrastructure.

Chairman Bill Baitinger believes this type of project will help attract more business to the community.

The city council and redevelopment commission still must approve the bond issuance, which is expected before the end of the year.

Metronet officials say once bonds are approved, construction will start immediately and take about two to three months to serve its first customers.

Lafayette’s city council also approved bonding for the $60-million project, which will cover both cities and parts of Tippecanoe County.