Mitchell emc internet8/3/2023 It appears the purchase of SGRITA by Diverse Power will fulfill that commitment.ĭiverse Power Inc. Merritt reaffirmed at that time the SGRITA Board of Directors’ commitment to existing customers, stating, “SGRITA is committed to continuing to providing quality service to all its customers as this sale to another company occurs.” Both Mayor Anthony Howard and Commission Chair June Merritt told the News at that time that the future of SGRITA hinges on to what extent USDA/RUS officials are willing to forgive the outstanding debt. and associated broadband activities.Įarly County and the City of Blakely entered into an agreement in 2015 to manage SGRITA. will allow the EMC to adhere to requirements outlined in SB 2 ensuring cross-subsidizations do not occur between the electric activities of Diverse Power Inc. to provide broadband services.ĭiverse Power’s internet affiliate Kudzu Networks Inc. The purchase was made possible by Senate Bill 2, legislation passed by the 2019 General Assembly, which allows electric membership corporations such as Diverse Power Inc. was the only bidder among 16 eligible contenders to respond to SGRITA’s request for proposal. SGRITA began soliciting bids in the third quarter of 2019 for the sale of its assets, including more than 600 customers in Early, Miller, Baker, Calhoun and Mitchell counties. SGRITA and RUS entered into a Memorandum of Understanding in July 2017 stating RUS will agree to accept proceeds from public sale in satisfaction of the outstanding debt. As of June 2017 $4,771,540.97 of the loan was outstanding. SGRITA had been unable to make the USDA/RUS monthly loan payments since August 2016. In 2010, SGRITA was awarded a Broadband Initiatives Program combination loan/grant in the amount of $13,327,030 from the USDA’s Rural Utilities Service Telecommunications Program. The SGRITA board of directors adopted a resolution in August 2017 authorizing the public sale of the broadband system for the purpose of satisfying USDA/RUS Broadband Initiatives Program debt. The terms of the pending purchase haven’t been disclosed. Approval for Diverse Power’s purchase and internet plan is pending with the Georgia Public Service Commission. The News has learned that Diverse Power, an EMC based in LaGrange has purchased the South Georgia Regional Information Technology Authority - SGRITA.
0 Comments
Leave a Reply.AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |