§ 8072 -   Annual oversight reports

§ 8072. Annual oversight reports

(a) In addition to the annual and audit reports required by section 8071 of this title, the authority shall provide annual oversight reports to the general assembly on or before January 1 each year. Each annual oversight report shall contain:

(1) An inventory of the locations within the state in which mobile telecommunications and broadband service are currently available.

(2) A report of the progress made to date by the authority in developing its capabilities to undertake or sponsor projects that expand the availability of mobile telecommunications and broadband service.

(3) A projected outlook on progress by the authority, including:

(A) An assessment of the authority's capabilities to perform the powers granted the authority, and to contribute to the improvement of broadband service availability and mobile telecommunications service coverage in the state; and

(B) An assessment of the foreseeable extent of broadband service availability and mobile telecommunications service coverage in the state.

(4) A summary of the status and results of any competitive solicitation processes undertaken or planned for the purpose of increasing broadband service availability and mobile telecommunications coverage in the state, including:

(A) an assessment of the level of interest among potential service providers;

(B) a summary of the numbers and types of entities participating;

(C) a description of measures taken or under consideration by the authority to enhance the level of interest among potential bidders; and

(D) terms of any arrangements entered between the authority and service providers.

(5) A description of all authority activities to develop or facilitate development of telecommunications infrastructure that furthers the objective of this chapter.

(6) Financial statements of the authority, a summary of expenditures by the authority since inception, and a forecast of expenditures.

(7) A summary of any financial commitments made by the authority.

(8) A list and summary of all contracts and agreements entered into by the authority, and a list and summary of any rail right-of-way agreements entered into by the authority including any waivers of charges for comparable value to the state granted under 19 V.S.A. § 26a.

(9) A summary of any and all instances in which service providers that have entered into contracts or binding commitments with the authority have materially defaulted, been unable to fulfill their commitments, or have requested or been granted relief from contractual or binding commitments.

(10) A current business plan for the authority, including an explanation of significant changes subsequent to the most recent previous report.

(11) A list and description of all actions taken by the authority to transfer control of state-owned telecommunications facilities to the authority.

(12) A description of the extent of the authority's assistance to and participation in proceedings before local zoning and development review boards, district environmental commissions, or project applicants seeking to construct or alter communications facilities located in the state.

(13) Recommendations, if any, for further legislative action to promote the objectives of this chapter.

(b) The authority shall deliver its annual report of January 1, 2011 by electronic mail to the home e-mail address of all members of the general assembly in office on that date and members-elect on that date with printed copies provided by regular mail to any member or member-elect lacking electronic mail services. (Added 2007, No. 79, § 1, eff. June 9, 2007.)