Chicago--Financing for a statewide fiber optics telecommunications network in Iowa has been called into question after the Sioux City Council denied permission to install cable in the city.

Last month, the council in a 3-to-2 vote refused permission for a cable company to lay buried fiber optic cable through Sioux City. Council members who voted for the denial believe the system, financed by $96.8 million of certificates of participation, is wasting taxpayers' money, according to council member Harry Keairns.

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