A setback to plans to build a multi-million dollar fiber optic hub in Rutland.

The city's board of alderman voted not to allow the Rutland Redevelopment Authority to borrow $12,000 from the city to come up with a business plan to study the idea. The city wants to offer Internet, cable and telephone service to every home and business to compete with existing utilities.

But members of the board said they question whether the idea would be as profitable as supporters say it would.