CHICAGO - A Wright County, Minn., judge last week dismissed a lawsuit filed by Bridgewater Telephone Co. against the city of Monticello that argued its $26.4 million bond issue to fund the installation of a fiber-optic broadband communications network violated state law.

The company, a subsidiary of TDS Telecom, filed the lawsuit in late May, seeking to have the bonds that were issued earlier in the month declared void. The bond proceeds have sat in an escrow since the lawsuit's filing.

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