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

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

3. 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

4. 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

5. 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

6. Map – Projects

7. Cost Summary Grant # Partner Project Cost Grant County 1
Hiawatha Broadband Communications
$ 2,084,701
$ ,115
$ ,293 2
Charter
$ ,000
$ ,500
$ ,000
$ ,500
Total
$ 3,073,701
$ 1,432,615
$ ,293
$ 1,017,793

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

9. Questions?