Minnesota Office of Broadband Development Grant Dakota County Fiber Optic Network September 10, 2019

Background Grant Program was created in 2014 Provides resources to invest in broadband infrastructure in unserved and underserved areas of the state

Background Cont.. 2019 -- $20 million available up to $5 million limit Grants can provide up to 50 % of projects costs Eligibility requirements: Incorporated business or partnership Political subdivision Indian tribe Nonprofit organization

Grant Project 1 – With Hiawatha Broadband Communications Grant Details: Southern rural Hastings including Marshan township and Douglas township Total “passings” of 450 Total Project Cost $2,084,700.54 Grant (45%) $938,115.24 HBC Match $573,292.60 County Match $573,292.60

Grant Project 2 – With Charter Communications Grant Details: Underserved neighborhoods in Rosemount Total “Passings” 265 Total Project Cost $989,000 Grant (50%) $494,500 Charter Match $444,500 County Match $ 50,000

Map – Projects

Cost Summary Grant # Partner Project Cost Grant County 1 Hiawatha Broadband Communications $ 2,084,701 $ 938,115 $ 573,293 2 Charter $ 989,000 $ 494,500 $ 50,000 $ 444,500   Total $ 3,073,701 $ 1,432,615 $ 623,293 $ 1,017,793

Next step Complete signed affidavit committing funding Complete and submit grant applications by September 13 (4pm)

Questions?