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28 <br /> Project Details at a Glance <br /> • County funded public-private partnership with a$10 million <br /> American Rescue Plan Act(ARPA)grant began in April 2022 $� <br /> • Project goal is to con nect6,370 unserved/underserved <br /> addresses in the County.Payments of grant funds to Lumos <br /> are based on performance ` �I <br /> • Lumos paid$1 million upon contactapproval V r <br /> • First benchmark of passing 3,000 homes achieved and <br /> Lumos paid$3 million as per contract ! '� <br /> + 4 <br /> • Final benchmark payment of$6 mil€ion is contingent on <br /> Lumos passing all6,370 homes as detailed in the <br /> agreement.The original deadline to serve these homes was <br /> December 31,2024 <br /> • Delays experienced in the spring have pushed final project <br /> completion into 2025.The proposed amendment <br /> establishes a new deadline of December 31,2025,to serve <br /> all homes identified in the original agreement. <br /> Slide #3 <br /> t <br /> Project Progress <br /> T <br /> 01 0 � AA <br /> aft xLIIIT <br /> Lumos has installed 407.5 3,236preeiouslyunserved and The project continues... <br /> route miles of fiber in Orange underserved homes now Additional900uns d od <br /> County connected <br /> homes by December 2024 <br /> • Additiona€750 homes in <br /> first quarter of 2026 <br /> • Final 1,484contracted •--� <br /> homes upon successfu€ <br /> project completion in <br /> December 2025 <br /> ram' <br /> Robert Reynolds said the project continues as they try to find solutions to address the <br /> remaining unserved homes, and they have a goal of final completion by December 2025. <br /> Slide #4 <br />