Label
DPS Bike Sharing Program $150,000
Department of Public Service
Megan Robson (x2306), Paul M. Rasmusson (x7868)
(Revised)
Title
Authorizing the appropriation and expenditure of an amount not to exceed $150,000 from the General Fund for the second year of the Bike Sharing agreement maintenance costs with Gotcha Bikes, LLC; and declaring an emergency.
Body
In 2018, the City of Toledo implemented a Bike Sharing Program, giving residents and visitors an alternative transportation option. Bicycles are currently housed at various locations in Toledo in the city's right-of-way. This Ordinance authorizes the city to continue the sponsorship agreement with Gotcha Bike, LLC for the operation and maintenance of the Bike Sharing Program by authorizing a $150,000 expenditure from the General Fund. The amount of $150,000 was included as part of the 2019 Operating Budget.
Summary
NOW, THEREFORE, Be it ordained by the Council of the City of Toledo:
SECTION 1. That an appropriation in an amount not to exceed $150,000 is authorized from the General Fund, account code 1001-22500-2450018BIKESH, for the maintenance of the city's bikes as part of the Bike Sharing Program; and further authorizing the expenditure of same.
SECTION 2. That the Finance Director is authorized to draw his warrant or warrants against the account code listed in Section 1 in an amount not to exceed $150,000 in payment of the above authorized obligations upon presentation of the proper voucher or vouchers.
SECTION 3. That this Ordinance is declared to be an emergency measure and shall be in force and effect from and after its passage. The reason for the emergency lies in the fact that same is necessary for the immediate preservation of the public peace, health, safety and property, and for the further reason that this Ordinance must be immediately effective in order to timely implement a Bike Sharing Program in the City of Toledo.
Vote on emergency clause: yeas _____, ...
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