Mayor Reginald Spinello announced today that on August 14, 2014, the New York State Public Service Commission approved, with conditions, the Verizon FIOS franchise agreement with the City of Glen Cove. The Public Service Commission echoed the sentiments of the Mayor, certain Council members and a large number of the City’s residents that Glen Cove would benefit from a competitive alternative.

Mayor Spinello said, “We are pleased with the Public Service Commission’s ruling. The City is the beneficiary of additional funds and Glen Cove residents now have another choice. Verizon is agreeing with the Commission’s condition and will be increasing their annual payments to the City for PEG (Public Education Government) grant by $4,750 per year for 12 years. The total payout to the City over the term of the contract is $99,000. There are minor details to be worked out with the attorneys, but the service should be available very soon. Verizon’s marketing representatives have already applied for solicitors’ permits with our Police Department.”