Agenda - 06-07-2022; 8-a - Minutes

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28 4 2,000 January 2024 5 1,000 Aril 2024 6 898 July 2024 TOTAL 9,898 1 2 3. Reporting and Inspections 3 North State Communications is required to provide at least monthly progress reports to the 4 County. These reports will contain: 5 6 • Nature of work completed during the preceding period; 7 • Estimated percentages of physical completion for the network; 8 • Number of route miles of fiber constructed and activated; 9 • Overall project schedule status; 10 • Overall project budget status; 11 • Number of locations passed by network section; 12 . Number of residential subscriptions by service type added in that quarter, and to date; 13 • Any delays that have occurred, or are continuing to occur, with a detailed explanation 14 and plan to address such delay; 15 • Any anticipated delays in the work, with a detailed explanation; 16 • Responses to particular requests for information from County; 17 • Any proposed changes to the work; and 18 • Other information reasonably requested by County. 19 20 4. Service Costs 21 Under the terms of the agreement, North State will offer a low-cost service with a minimum 22 speed of 200 mbps symmetrical for no more than $40 per month, prior to any federal or 23 state subsidies available, until at least two years from the date construction is completed. 24 Consistent with the terms of the American Rescue Plan Act, North State must also 25 participate in the Federal Communications Commission's Affordable Connectivity Program 26 as long as it is available. 27 28 The contract further provides that the standard rates that are in place at the time of first 29 customer activation will not increase by more than ten percent (10%) per year for any 30 service levels until at least January 1, 2026. 31 32