Macquarie publishes its proposed deal with UTOPIA

As promised, Macquarie Group has released the details of its proposed public-private partnership (PPP) with UTOPIA, an interlocal agency providing gigabit Internet service in 11 member cities. The deal will require a fee of $18-20 per household to be paid by the cities, but that will be offset from retaining all network revenues. The current estimates show that the fee would effectively be cut in half on the low end and almost entirely eliminated on the high end. Regardless of the income, each of the participating cities will receive ubiquitous…