Rich Hillstrom, franchise manager for Verizon, said that the company stands by the provision and said that the price of the equipment is opinion-based.
"We still believe that's an appropriate provision," he said.
The contract Time Warner currently has with the town regarding PEG contributions, which began in 1994, expired 10 years ago, and Town Attorney Michael Magguilli said the town has tried to negotiate a deal but to no avail.
"We've been trying to negotiate with Time Warner for three years, and there has been no success," he said. "Time Warner has not come to the table."
Fogerty said proposals had been made, but the negotiation process for these issues can be lengthy.
"We haven't come to an agreement," he said, "but those things happen sometimes."
William K. Sanford Library Director Richard Naylor said he is not pleased with the deal because it will not allow for the library to broadcast Town Hall meetings. He said he realized, though, that the agreement with Verizon would be the best the town could get.
"The town was getting calls with people upset with their Time Warner bill," he said. "They [Verizon] had too many other advantages, including time. They could be working on the village and other places. I think if we had held out forever, we probably would get it."
Verizon and Time Warner will be contributing $36,000 each to the library. Naylor said with PSC supervising the battle between Verizon and Time Warner, it leaves Colonie without much power. But he said the most important thing is whether it benefitted the taxpayers.
"We want to get the best deal for the town, and we have the public telling us the biggest concern is their bill. Who are we to say that's wrong," he said. "Now, I just hope people do end up getting a better rate and hope that the competition helps." ""