Members of the Blue Ribbon Committee on Burlington Telecom have been named, and the seven-member panel will meet for the first time Monday night to begin its work evaluating the utility's financing options as well as its viability.
The committee — appointed by City Council President Bill Keogh — will meet at 7 p.m. in conference room 12 in Burlington’s City Hall. Hopefully, the committee meetings won't drag on quite as long as recent council meetings related to Burlington Telecom. Those council meetings have gone well past midnight in some instances.
The council created the committee at its December 14 meeting, the same meeting where it scuttled a deal with Piper Jaffray in lieu of seeking bids from other potential financiers. Those requests for proposals were sent to more than a dozen potential bidders this week.
At its December 7 meeting, the council also expanded the powers of the Burlington Telecom Advisory Council – giving that citizens' panel greater authority to oversee BT's finances and operations.
The special blue ribbon panel is comprised of three city councilors and four citizen members. Keogh consulted with Mayor Bob Kiss in making the citizen appointments.