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$500K From Grant To Fund 500 Bikes For Pittsburgh

PITTSBURGH (AP) - Pittsburgh Bike Share plans to spend $500,000 from a federal grant to outfit the city with 500 bicycles for the public bicycle-sharing program.

Bike Share officials tell the Pittsburgh Tribune-Review that they hope to fund the program through charitable foundations. That would make Pittsburgh's program a public service, rather than a money-making venture, which is how similar programs are run in other U.S. cities.

The group would like to keep the cost of renting the bikes down to about 50 cents an hour to encourage more people to use them.

The bikes will be stored at 50 electronic kiosks around the city. Users can pay for the short-term rentals with a credit card that unlocks the bike.

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(Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)

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