[flickr]photo:5944625073[/flickr]
Cycling on a Capital BikeShare in Washington, D.C. Photo by Michael Jantzen.
Updated 11:18: The press release is now online. I’ve been trying to pay attention to the City Council live video feed and transcript, but I’m not sure if they’ve discussed the proposed ordinance yet.
Alta Bicycle Share and Public Bike System Co. were just announced on the Chicago Tribune’s website as the Chicago bike sharing operator and equipment vendor, respectively. From John Hilkevitch:
City Hall estimates the total capital and start-up costs at $21 million, adding that $18 million will be covered by federal funding aimed at improving air quality and easing traffic congestion [CMAQ] and the remaining $3 million will be provided by the city.
Mayor Rahm Emanuel is set to introduce an ordinance at Wednesday’s City Council meeting seeking aldermanic approval to enter into an agreement with Alta Bicycle Share, officials said.
The losing entries were offered by Bike Chicago [also known as Bike and Roll] and its equipment provider, B-Cycle; and I-GO and its equipment providers, Tracetel and Schwinn, officials said.
Continue reading Chicago announces bike sharing vendor (updated)