From Eliot Kleinberg: bike sharing program in West Palm is a GO:

From the story by Mr. Kleinberg:

The light is green for West Palm Beach’s bicycle rental program, even though the bikes probably will be blue.

The board of West Palm Beach’s Downtown Development Authority voted unanimously last week to close what would be a 10-year deal with consultant P3GM.

The consultant would cover all costs of installing the solar-powered stations and racks, with an estimated value of $1 million. P3GM would earn money from user fees, sponsorships and advertising on kiosks at stations.

Projected costs would be $120 to $155 a year for an annual membership, or $15 to $20 a month with a three-month commitment. The first 1,500 subscribers would get a $99 introductory annual rate, going up later to $125.