Mayor Kiss Navigates BT's Future
11/29/10 12:00PM By Jane Lindholm
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Burlington Telecom has failed in its months-long attempt to renegotiate a lease that provides the equipment at the cornerstone of the utility's infrastructure. It's the most recent in a series of serious financial problems for the city-owned telecommunications utility. Burlington Telecom borrowed $33.5 million from CitiCapital in 2007, and now Burlington Mayor Bob Kiss says the utility can't afford the $311,000 monthly payments. Now the city is weighing its options, and the possibility of CitiCapital repossessing key equipment. Monday on Vermont Edition, Mayor Kiss joins us to talk about Burlington Telecom and other issues facing Vermont’s largest city.
Also in the program, environmental reporter Candace Page previews Tuesday's signing of the new Lake Champlain cleanup agreements between Vermont, New York and the EPA, called "Opportunities for Action." The plan is being released as a new governor's administration may change the policy
priorities for Lake Champlain, and an advocacy film called "Bloom" seeks to put focus on past policy shortfalls.