Keep BT Local has submitted a revised bid to the Burlington City Council. The revised bid includes:

1. Carried Interest or cash for City and Citibank for the ‘base’ purchase offer of $12M
2. An increase in our offer from $12M to $18M
3. Revisions to the City and School contracts
4. More favorable terms for the Maine Fiber Company Loan Contract in the event of a default.
5. Working Capital improvement
6. Increased Investment in the Tech Economy
7. Specific Pricing Committments

For the details of our bid revisions, please see:

(0) Changes Overview, and (1) KBTL Offer.