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Commissioners OK bond to boost internet in rural Lebanon

 

December 21, 2022

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PEAK Internet CEO Rick Petersen addresses the Linn County Board of Commissioners on Tuesday, Dec. 13.

Linn County Commissioners Roger Nyquist, Sherrie Sprenger and Will Tucker on Tuesday, Dec. 13, approved a tax-exempt bond program that will help PEAK Internet run more than 101 miles of high-speed fiber optic lines in the city of Lebanon, greatly increasing Internet speed opportunities for homes and businesses alike.The project will also affect users who live on Linn County properties interspersed within Lebanon's boundaries. The city of Lebanon has already approved the project.

PEAK Internet CEO Rick Petersen said the company will use up to $47 million secured by tax exempt bonds issu...



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