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Originally Posted by SteelTown
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Hamilton spending $1.6M on new bike share program
http://www.cbc.ca/news/canada/hamilton/n...1-6m-on-new-bike-share-program-1.2447817
City councillors have voted to spend $1.6 million to implement a new bike share program.
The money will buy as many as 650 bicycles and set up as many as 65 stations around the city for the new program, which allows Hamiltonians to borrow bikes and leave them at station near their destination.
A capital grant from Metrolinx will pay for the project, which will be operated by the American company Social Bicycles. This is the company’s first project in Canada. Toronto Ottawa and Montreal already have bike share programs.
“We’re the first city in Ontario to buy into this new model of bike share,” said Coun. Brian McHattie of Ward 1 at a public works committee meeting Monday, when councillors approved the pilot. “I’m looking forward to trying it in Hamilton.”
Social Bicycles operates bike share programs in Buffalo, Orlando and Hoboken, New Jersey. The money just buys the bicycles and stations. The operating cost will be covered by memberships and sponsorships Social Bicycles will attain for the program, said Peter Topalovic, the city’s project manager for transportation demand management.
Social Bicycles assumes all legal and financial liability, a staff report said. And if not enough people use the bike share program, staff said, the city will dismantle it and sell the bicycles.