How about spending $4 million to subsidize a bicycle-sharing company in Portland? Really, how cool is that?
Yet, as City Hall made clear on Monday, Portland is now in a holding pattern with a $4 million proposal to bring bicycle sharing to Bike City U.S.A.
With the launch already a year behind schedule, the roll out still might be this summer. But because of concerns over the bankruptcy of a high-tech rental bike supplier used by the contractor, it may have to wait until sometime in 2015.
Well, at least they're going slow. But let's face it: with only 50 or so shops that rent bicycles around town, it only makes sense for government to barge in and subsidize more competition with taxpayer dollars! And of course, this bike-share going to need to take up some parking spaces for their stations; doubtless, the city will let them have those for free as well.