Boulder City Council members gave a resounding “yes” to a long-awaited agreement that will enable a private internet service provider to eventually offer citywide broadband service.With the council’s unanimous (9-0) vote of approval on Thursday night, the city manager can now enter into an agreement to allow ALLO Communications LLC to lease part of the city’s fiber backbone for 20 years. Under the new agreement, ALLO, a telecom company serving more than 1.2 million customers throughout Colorado, Nebraska, Arizona and Missouri, is set to offer broadband service to 80% of the city by 2028 and 97% of the city by 2030.The agreement is expected to deliver broadband service with discounts for low-income homes, free service for certain nonprofit organizations and complimentary service upgrades for students. Under the lease terms, ALLO also will be required to maintain a brick-and-mortar store in Boulder that people could access via public transit.The lease deal is worth an estimated $9 million in revenue for Boulder. ALLO must pay Boulder a $1.5M upfront lease payment plus ongoing fees and also give the city a cut of its wholesale lease revenue. The city will receive $2.25 per residential and $9 per business customer per month plus 1.5% of revenue from any wholesale lease.The ALLO broadband service would not extend to uni …
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