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The Brown Daily Herald: City nears agreement on bike share program

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Hubway image from Alta Bicycle Share’s Facebook page

Alta plans to procure a sponsorship to help supply approximately $800,000 to launch the program and the annual operations cost, estimated to be $500,000, according to the company’s proposal.

The first phase of the project would feature 20 bicycle stations and 200 bicycles primarily in the “urban core” of Providence, according to the proposal.

Over the course of two to five years, the program would progress into its second phase — expanding to nearby locations and eventually increasing to 40 stations and 400 bicycles.

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