They missed their opportunity. Five years ago, even three years ago, there were many more people who were still using dial-up. Now even I, a totally non-techie person, finally went broadband a couple of years ago.
Why would I want to change? What inducement would there be? Why would the thousands of others who already have broadband want to change?
Unless the city could count on massive business use, I think they'll end up losing their shirts, I mean our shirts. After having wasted (what is it projected to cost now?) some $50,000,000 desperately needed for other areas of the budget.
If it were left up to me, I wouldn't even consider it.