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28 <br /> homes in those areas using the company's own funds. A detailed timeline for construction <br /> activities is included in Attachment C. Assuming that the contract is executed by April 30, <br /> 2022, the construction timeline would make services available to homes according to the <br /> following schedule. <br /> Phase Homes Added Date <br /> 1 2,000 A ri12023 <br /> 2 2,000 July 2023 <br /> 3 2,000 October 2023 <br /> 4 2,000 January 2024 <br /> 5 1,000 A ri12024 <br /> 6 898 July 2024 <br /> TOTAL 9,898 <br /> 3. Reporting and Inspections <br /> North State Communications is required to provide at least monthly progress reports to the <br /> County. These reports will contain: <br /> • Nature of work completed during the preceding period; <br /> • Estimated percentages of physical completion for the network; <br /> • Number of route miles of fiber constructed and activated; <br /> • Overall project schedule status; <br /> • Overall project budget status; <br /> • Number of locations passed by network section; <br /> • Number of residential subscriptions by service type added in that quarter, and to date; <br /> • Any delays that have occurred, or are continuing to occur, with a detailed explanation <br /> and plan to address such delay; <br /> • Any anticipated delays in the work, with a detailed explanation; <br /> • Responses to particular requests for information from County; <br /> • Any proposed changes to the work; and <br /> • Other information reasonably requested by County. <br /> 4. Service Costs <br /> Under the terms of the agreement, North State will offer a low-cost service with a minimum <br /> speed of 200 mbps symmetrical for no more than $40 per month, prior to any federal or <br /> state subsidies available, until at least two years from the date construction is completed. <br /> Consistent with the terms of the American Rescue Plan Act, North State must also <br /> participate in the Federal Communications Commission's Affordable Connectivity Program <br /> as long as it is available. <br /> The contract further provides that the standard rates that are in place at the time of first <br /> customer activation will not increase by more than ten percent (10%) per year for any <br /> service levels until at least January 1, 2026. <br />