With the recent bankruptcy filing by Bixi, the Montreal based suppliers of bikes and equipment, Mayor Robertson issued as statement ensuring that the taxpayers are protected when Vancouver decides to introduce its bike share program.
Alta Bicycle Share was chosen as Vancouver bike share’s “owner, operator and financier.” The company also operates other bike share programs in Montreal, New York City, Portland, Melbourne, Chicago, Washington D.C. and San Francisco. Much of the company’s bikes, equipment and infrastructure is manufactured by Montreal-based Bixi.
The City is looking for other partners to work with. The recent events will cause another delay in introducing the Vancouver Bike Share Program.
Here is the Mayor’s statement:
“The City of Vancouver has always acted to protect taxpayers from exposure to financial risk in our work to establish a public bike share network, and today’s reports regarding BIXI underscore the importance of that commitment. BIXI is not the primary partner in Vancouver’s planned bike share program, and Vancouver has always refused to offer any of the loan guarantees or obligations that have created significant risk to taxpayers in other cities.
“Public bike sharing has been successfully established in hundreds of cities worldwide and it will be an important addition to our city’s transportation network, but it will only launch in Vancouver if and when the City is fully satisfied that all partners involved can move forward with operations that are successful and fiscally responsible.”
– Mayor Gregor Robertson