Carmel to bring Bike-Sharing Program to City

February 13, 2015 – The City of Carmel is excited to announce a new bike-sharing program designed to provide active transportation options for local residents, workers and visitors who seek a safe and convenient way to access the City’s vibrant developments and corporate corridors. Plans call for the bikes to be ready for rental by mid-March and the system can be easily operated using cell phone technology.

The Mayor has signed a contract with Zagster, a leader in bike sharing programs for the real estate industry and universities across the country. From the city’s initial investment, entities such as Carmel Clay Parks, local hotels, shopping districts, corporate office parks, neighborhood associations and individual businesses will be able to establish their own connection points for what will become a city-wide active transportation network, funded by users and both public and private sectors. The City also hopes adjacent communities will also participate, providing connectivity throughout the north side of Indianapolis and Hamilton County.

“Carmel is proud to be recognized as a bicycle-friendly community and with our 90-plus roundabouts and 125 miles of multi-use paths, we have always placed a high value on transportation alternatives for both residents and visitors,” said Mayor Jim Brainard. “Zagster was one of the first companies to establish a bike-sharing program in the U.S. and the company has been successful in developing individually-tailored systems for mixed-use developments and universities such as Duke and Yale. It’s also a nice connection that Carmel-based Allegion is a provider of the automated locks used by Zagster.”

Under the bike sharing program, users will be able to establish their own accounts through Zagster and then be able to rent a bike from one rack and return to it any of the other racks. For users, the bikes will cost $3 an hour to rent with a cap of $24 for up to a 24-hour period. A $15 monthly or $75 annual fee would include unlimited rides under one hour, with additional hours being charged at $3 an hour to a maximum of $24 for up to a 24-hour period. As the system expands in Carmel and beyond, each individual entity that provides bikes and docks will have the ability to set its own rates.

The City will pay Zagster $1,320 per year per bike, plus a one-time set-up fee of $8,600, which includes two bike docks with automated locking systems, 16 adult bikes, the maintenance and repositioning of the bikes and customer services. One dock will be located near the Monon Greenway in the Carmel Arts & Design District. The second dock will be at City Center. The agreement also calls for the city to receive 93 percent of the net usage fees from the fare box revenues.

For more information on Zagster, go to www.zagster.com

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