Great news! Despite my being an apologist for Soglin here on this list-serve for his winter-cycling statement, I was quietly seething over the b-cycle demise. Looks like he knows how to drive a hard bargain and deliver, though. --- Robert F. Nagel [email protected] www.nagel-law.com Thirty on the Square, 10th Floor 30 W. Mifflin St., Suite 1001 Madison, WI 53703 608-255-1501 office 608-255-1504 fax 608-438-9501 cell
On Tue, Apr 26, 2011 at 1:51 PM, Amanda White <[email protected]> wrote: > *NEWS RELEASE* > > > > Date: Tuesday, April 26, 2011 > > > > Contact: Eric Bjorling, Trek Bicycle Corporation, (920) > 478-2191, x12526 / [email protected] > > > > *Mayor, Trek Bicycle Announce Agreement on B-cycle Bicycle Sharing Program > * > > > > Trek and Madison Mayor Paul Soglin are pleased to announce that they have > reached a modified agreement that will allow the installation of B-cycle, a > citywide bicycle sharing program, in the next month. > > > > The capital costs of the new system will be donated by Trek Bicycle. > > > > Trek, sensitive to the City’s current financial difficulties, has agreed to > modify the contract so that the cost to the City will be $1 per year rather > than the original $100,000. In return, the City, recognizing the > significant capital contribution by Trek, will agree to extend the contract > from the originally proposed three years to five. In addition, the City will > not share in any profits generated during this contract period. The > parties, by mutual agreement, can renew the contract in 2016. > > > > “We are very excited to bring bike sharing to Madison,” said Trek President > John Burke. “Madison is our home town and we are thrilled to be able to give > back to this great city.” > > > > In order to meet critical time deadlines, the original three year contract > for $100,000 will be executed with the understanding that the terms will be > brought before the City Council for approval. To wait for adoption of the > new terms would delay the installation of the program by two months. Mayor > Soglin said, “I am confident that as we team up to make this program work, > getting the second contract approved can be done expeditiously. This is > going to be a great program for the people of Madison, our visitors and > B-cycle.” > > > > The parties agreed to work closely throughout the contract period to make > sure that issues regarding signage and use of the public right-of-way are > minimized. The Mayor indicated that much needs to be done in the coming > weeks to get the system installed and reporting to critical city committees > as to the details of the plan. > > > > ### > > > ________________________ > Amanda White > Associate Director > Bicycle Federation of Wisconsin > (608) 251-4456 > [email protected] > www.bfw.org > > > > -- > ________________________ > Amanda White > Associate Director > Bicycle Federation of Wisconsin > (608) 251-4456 > [email protected] > www.bfw.org > > > _______________________________________________ > Bikies mailing list > [email protected] > http://lists.danenet.org/listinfo.cgi/bikies-danenet.org > >
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