One of the major inaccuracies in Mr. Patin's letter is that the project would be $125 million, but only serve 14,893 homes. Wrong! The project will cost about $50 million to run lines along each street and will cost $110.5 million if the system is actually providing services to over 24,000 residential customers and some 2,000 business customers.
Another inaccuracy is that LUS will charge $60 for a "triple play" of cable TV, telephone and Internet services. The only price LUS has used to illustrate its prices is an $85 triple play. While we expect a number of customers may purchase this option, we also expect many customers to choose enhanced (but still competitively-priced) options, so that the average bill per residential customer may be well above $85 per residential customer. Business customers will also be able to take advantage of advanced services that will generate greater revenue than the typical residential customer. In all cases, LUS telecommunications customers will be able to experience an approximate 20 percent reduction in their cable TV, telephone and Internet service bills.
The funds used for this project will be revenue bonds (not funds through a local bank), so Mr. Patin's predictions of local favoritism will not take place. The international financial institutions involved in these transactions are very thorough in their examination of such a project's feasibility study and will not lend LUS money unless they strongly feel the bonds can be paid.
Also, Mr. Patin's assertion of a higher utility bill due to this project is a blatant inaccuracy. Based on the financing structure contemplated, utility bills will not increase because of this project. In fact, it is very possible that utility bills would decrease due to this successfully deployed project.
It is unfortunate that misinformation such as that provided by Mr. Patin continues to be released by opponents to the LUS FTTH Project. We would do an injustice to our citizens in Lafayette if we did not respond to these inaccuracies.
Kelly McAllister, wife of the congressman from Louisiana's 5th District, will address her husband's infidelity for the first time in a campaign ad that will begin airing today, reports LaPolitics.
A suspenseful election night is one thing, but what if it stretches out for a month? Or into next year?
The Saints' defense was starting to look like a liability in coordinator Rob Ryan's second season.
Questions about the dispute over the Common Core education standards, or still wondering what the standards even are?
Disappointed in the way he played a week ago, Boise State running back Jay Ajayi said he was determined to do more to help the Broncos win this week.
Cuban baseball isn't working; Syrians flee to Turkey; Maven arrives at Mars and more national and international news for Monday, September 22, 2014.
Monday's Blogs from the Bog!
Despite sweeping changes enacted by Gov. Bobby Jindal's administration, the health insurance program for state workers and public school employees will have to use $88 million from its reserve fund to cover its costs this year.
The LPSB races are sure to get heated between now and Nov. 4, and with only 9 available seats, this year's field of 20 candidates will surely be wanting to set themselves apart from the crowd early; they'll get their chance next week, starting Tuesday with the kick-off of a three-day series of candidate forums.
Lawmakers say they've received complaints that waits have spiked, with people being forced to wait in line for more than an hour — and sometimes three hours — to handle routine tasks.
The campaign announced that Rep. Stuart Bishop of District 43 and Nancy Landry, District 31, have thrown their support behind the Naval Academy graduate and entrepreneur in his bid to unseat current Hunter Beasley in District 8.
A Lafayette man with an alleged taste for child porn was busted Thursday evening during a cyber crime sting launched by the Attorney General’s Office.
U.S. Rep. Vance McAllister says his chief of staff is on temporary leave after being booked with drunken driving.
It was a rare moment in Congress this week as Republicans briefly put aside partisanship in support of President Barack Obama's request to train and arm Syrian rebels, and while a number of Democrats opposed the measure, Louisiana's Democratic Sen. Mary Landrieu found herself on the same side of the issue as her Republican challenger Rep. Bill Cassidy.
City-Parish President Joey Durel is asking the council to sign off on a resolution approving a pair of deals that would lead to razing the seedy Lesspay Motel at Four Corners to build a new police substation as well as transforming nearly a block Downtown where the old federal courthouse building now molders into a mixed-use development.
In 2013, the IRS — already the least popular governmental agency in the country — became the target of intense investigations after it was revealed that they had specifically and improperly scrutinized applications for tax-exempt status from organizations associated with the nascent Tea Party movement.
Improving the running game was "a point of emphasis" during the offseason and the results have manifested themselves in the form of substantially greater production.
Louisiana's health department said Wednesday that its evaluation of the state's Medicaid privatization was on target, despite criticism from the legislative auditor that it lacked key data and contained inconsistencies.
The feds converge on your office, seizing records on several employees as part of a pay-for-plea investigation. WWYD? If you’re Mike Harson, you give yourself a $12k raise.
It’s football season and after back-to-back winless weekends for the Saints and the Cajuns many citizens are finding it difficult to be civil much less happy. Well, chew on this.
Considering his repeated stays in the local penal system, David Narcisse Jr. should have known that having a semiautomatic shotgun, even one given to him by a friend, wasn’t the brightest of ideas.
A state district judge on Tuesday threw out a last-minute retirement hike lawmakers gave to the state police superintendent, ending a political firestorm over a pension boost passed without public scrutiny on the last day of the legislative session.
The House has passed a bill to increase oversight of veterans' hospitals under construction, following a report that some medical centers take three years longer to complete than estimated and cost an extra $366 million per project.
An obvious follow-up question for any Republican politician who accuses Democrats of being science deniers is one about science, to which Jindal bobbed and weaved like a welterweight champ.
The Lafayette City-Parish Council is expected to decide tonight (Tuesday) whether to go along with a proposal City-Parish President Joey Durel made in February’s State of the Parish Address and consolidate taxes for mosquito control and the parish health units into a broader tax program that would also cover animal control.