Aurora officials debated a proposed $80,000 loan to Onlight Aurora, a public-private group that operates services tied to the city’s fiber network, as staff warned that unpaid bills could trigger service disruptions and damage the organization’s standing.
The discussion took place at last week’s Committee of the Whole meeting. City leaders said the advance is intended to cover urgent obligations and provide short-term cash while officials develop a longer-term plan for Onlight’s future.
Chief Operating Officer Brian Caputo told aldermen the funding is described as an advance that could be treated as a loan or a grant, depending on the outcome of a strategic planning process. Caputo said the proposal would prioritize roughly $50,000 in pressing bills first, with additional payments handled based on cash flow and urgency…